HomeReady Mortgage: Down Payment & Income Requirements 

March 15, 2022

If you are buying a house, finding the right type of mortgage to finance the home is one of the most important decisions you’ll have to make. Many buyers believe they have to commit to a 20% down payment. The…

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HomeReady Loan: What Is it and Who Can Qualify? 

March 1, 2022

Many people assume they can’t buy a home because they don’t have a big enough down payment. The truth is, there are several loan options that can help bypass this obstacle, such as the HomeReady mortgage.  The HomeReady mortgage is…

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First-Time Home Buyers: Conventional Loan vs. FHA Loan

February 15, 2022

Many first-time home buyers believe you need to have a 20 percent down payment. However, the good news is, there are many low-down-payment mortgage options available.  As a first-time homebuyer, it’s possible to get a conventional mortgage with a down…

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Do You Really Need To Put 20% Down?

February 1, 2022

If you are considering buying a home soon, chances are you have a number of questions running through your head. One of those questions might be whether or not you have enough saved for a down payment.  There’s no need…

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What Home Buyers Should Know About the Appraisal Waiver

January 18, 2022

The appraisal process is an important step when buying a home. When applying for a mortgage, the loan amount depends on the value of the home appraisal. If you submitted an offer higher than what the home is appraised for,…

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New Conventional Loan Limits for 2022

January 4, 2022

Conventional Loan Limits are Increasing to $647,200 in 2022 Within the past year, we have seen the demand for homes increase and inventory decrease, resulting in the cost of homes spiking tremendously. These increased prices have left Fannie Mae and…

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