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A couple at home with a laptop, suggesting online activities related to homeownership or finances.

Loan Types 4-Minute Read

Ashley Kilroy - Mar 28, 2024

FHA Gift Funds: Definition And Guidelines

FHA gift funds are a way borrowers can get some outside help with a down payment. Learn more about FHA gift funds and the guidelines around using them now.

An image indicating FHA condos, representing condominiums eligible for FHA loans.

Loan Types 6-Minute Read

Carla Ayers - Mar 28, 2024

FHA-Approved Condos: The Approval Process And Where To Find Them

An FHA-approved condo is a condo that can be purchased with an FHA loan. Learn about eligibility, the approval process and where to find FHA-approved condos.

A couple engaged with a computer in their home, likely researching or managing aspects related to their property or residence.

Loan Types 2-Minute Read

Ashley Kilroy - Mar 28, 2024

FHA Loan Limits: How Much Can You Borrow In 2024?

FHA loan limits are in place to cap how much you can borrow with an FHA loan. Learn more about how these loan limits work and what the limits are for 2024.

Mother and daughter laughing while baking, depicting a cheerful moment during a baking activity.

Loan Types 5-Minute Read

Kevin Graham - Mar 28, 2024

FHA Down Payment Assistance: Everything You Need To Know

Home buyers with an FHA loan can use down payment assistance, but there are restrictions and requirements. Learn more about FHA down payment assistance here.

A couple meeting with a tax advisor, potentially discussing financial or real estate planning with a professional.

Loan Types 5-Minute Read

Sam Hawrylack - Mar 26, 2024

Are Home Equity Loans Tax Deductible?

Depending on how you use the loan, home equity loan interest can be tax deductible. Learn more about the requirements for tax-deductible mortgage interest.

An image displaying a grey, single-story ranch-style model house with a well-maintained lawn and driveway.

Loan Types 3-Minute Read

Melissa Brock - Mar 26, 2024

What Is An FHA Amendatory Clause?

Are you financing your new home with an FHA loan? The FHA amendatory clause is one step to the process. Learn about how the clause impacts you as a home buyer.

A man working on his laptop in his cozy room.

Loan Types 6-Minute Read

Michelle Banaszak - Mar 25, 2024

How To Apply For A Home Equity Line Of Credit (HELOC)

A home equity line of credit (HELOC) is a great way to tap into the equity you’ve built in your home. Learn what to prepare and how to apply for a HELOC.

Suburban ranch house

Loan Types 9-Minute Read

Sidney Richardson - Mar 25, 2024

Home Equity Loan Vs. Personal Loan: What’s The Best Option?

A personal loan is an unsecured loan, while a home equity loan is backed by your home equity. See the main differences between these two loan types.

A woman using an iPad on a couch, representing modern living or technology use at home.

Loan Types 6-Minute Read

Victoria Araj - Mar 25, 2024

Proprietary Reverse Mortgage: What You Need To Know

Proprietary reverse mortgages let homeowners take out a loan against their home equity through a private lender. Learn more about this mortgage tool.

Bathroom remodel in progress, demonstrating renovations and design improvements.

Loan Types 7-Minute Read

Lauren Bowling - Mar 24, 2024

A Complete Guide To The Fannie Mae HomeStyle Loans for Renovations

Looking at bundling home renovation costs into your mortgage? The Fannie Mae HomeStyle loan program makes it easy. Learn how it works and what to expect.

A woman sitting in a fancy room thinking something with a pen in hand while a man in background is talking on phone.

Loan Types 6-Minute Read

Victoria Araj - Mar 20, 2024

10-Year Mortgage Rates: A Complete Guide

If you want to get out of mortgage debt faster, a 10-year mortgage term may be a good option to consider. Learn more about current 10-year mortgage rates here.

A small family looking at a house, symbolizing family-oriented home searching or property viewing.

Loan Types 8-Minute Read

Miranda Crace - Mar 17, 2024

VA Loan Entitlement: Everything You Need To Know

VA loan entitlement is the amount of money the VA will pay if a VA loan borrower defaults on their mortgage. Learn about VA loan entitlement and how it works.

Two couples in a kitchen discussing something.

Loan Types 4-Minute Read

Lauren Nowacki - Mar 15, 2024

Reverse Mortgage Requirements: A Complete Guide

For a reverse mortgage, seniors must meet certain requirements, which vary according to the option chosen. Learn more about reverse mortgage requirements.

A welcoming doctor, potentially related to home visits or medical aspects of homeownership.

Loan Types 8-Minute Read

Sidney Richardson - Mar 13, 2024

Physician Loans: Are They A Good Mortgage Option For Doctors?

Physician loans are no-to-low down payment mortgages targeted at doctors – but are they right for you? Learn how to decide, and explore your other loan options.

An olive colored one storey house with blue sky background.

Loan Types 5-Minute Read

Erin Gobler - Mar 12, 2024

VA Mortgage Rates: Compare Today’s Rates

A VA home loan can help you buy a house with a low mortgage rate. Keep reading to learn more about the current VA mortgage rates and how they are determined.

Construction-related imagery, potentially representing construction projects or property development.

Loan Types 5-Minute Read

Carla Ayers - Mar 12, 2024

A Guide To VA Construction Loans

VA construction loans can help active-duty service members and veterans finance and build their dream home. Explore VA home building loans and how they work.

A man and women discussing something on a tab.

Loan Types 8-Minute Read

Victoria Araj - Mar 12, 2024

What Is A 15-Year Fixed-Rate Mortgage?

Are you considering a 15-year fixed mortgage? Learn about how 15-year fixed-rate mortgages work and whether this type of loan is right for your situation.

A couple enjoying sunlight in their newly bought home surrounded by cardboard boxes.

Loan Types 7-Minute Read

Carla Ayers - Mar 12, 2024

USDA Vs. FHA Loans: Which Is Better For You?

USDA and FHA loans can offer more lenient requirements for home buyers with low or moderate income. Learn what else these loans can offer and how they differ.

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