Browsing Tag

down payment

Mortgage Advice

Demystifying the Difference Between FHA and Conventional Mortgage Insurance

on
July 12, 2013

If you’re interested in a conventional mortgage or FHA mortgage loan that requires little to no money down, you’ll probably hear the term private mortgage insurance (PMI) tossed around…

Mortgage Advice

Do Student Loans Affect a Mortgage Application?

on
June 14, 2013

Many college graduates enter the market for a new home shortly after finishing school. With a degree in hand and job opportunities knocking on the door, many have to…

Mortgage Advice

How Much House Can I Afford?

on
April 19, 2013

The current housing market presents many opportunities for potential homebuyers. With interest rates near historic lows and the rising cost of rent, the dream of homeownership has been put within…

Mortgage Advice

So You Want to Buy/Sell a Condo, Now What?

on
March 29, 2013

As we discussed in our last blog post, “What You Should Know Before Buying a Condo,” condos may be charming, but obtaining a mortgage for one can be complicated,…

Mortgage Advice

The Low-Down On Down Payment Options For Homebuyers

on
March 1, 2013

Conventional wisdom says you should have a down payment of at least 20% when you buy a house. While there certainly are benefits to instantly having 20% equity in…