Conventional, FHA, VA, USDA, jumbo, renovation, reverse, and assumable loans compared in plain terms — who each one fits, what it requires, and where it costs more. Arizona programs like Home Plus are covered alongside the national options.
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Yes, you can potentially buy land and build your own home with your VA loan, possibly with zero down. Here's the 8-step order of operations for a VA construction-to-permanent loan, and the mistakes that sink these deals.
Sitting on a 2% or 3% mortgage and a pile of equity? A HELOC can let you tap that equity without giving up your legacy rate. Here's how they work, and when they make sense (and when they don't).
Two clients called on the same day with the same question: I've got the cash, so should I pay for the house outright or finance it? Here's the honest case for both, plus a third option most people never hear about.
Are you a homeowner approaching or over 62 and looking for a way to borrow cash for living expenses or home improvements? You can accomplish this without selling your current home. And a reverse mortgage loan may be the answer you’ve been looking for.
Assumable loans offer benefits for both buyers and sellers. Learn more about this type of loan to help you decide if you want to take advantage of buying a home with an assumable mortgage.
A VA loan appraisal must be completed before a lender can approve the loan. It is meant to ensure that the loan you take out represents the property’s fair market value and that veterans have a safe and comfortable place to live.
Balloon mortgages used to be one of the primary loan types used by people buying a home. They’re less common today, but there are times when one could work to your advantage.
Shopping for a home to buy can be exciting and fun. Nothing can diminish the excitement quicker than finding your dream home costs more than you’d hoped. Ever consider a Jumbo loan? Jumbo loans are an ideal option today for homebuyers who find luxury homes that fall out of the guidelines that conventional lenders must follow.
Individuals or families who want to purchase homes in rural areas often find USDA loans to be the best option. For eligible applicants, they can offer an opportunity for a person or family to purchase their dream home without having to meet some of the stringent requirements often found in conventional mortgage loans.
If you want to make the move to a new home, you will first have to sell your existing property. You will naturally want to get as high an amount as possible from the sale of your home. One of the best ways to add a significant amount to the resale value of your home is to take out a renovation loan.
