3 Common Concerns Sellers Have About FHA Borrowers

For first-time homebuyers entering the real estate market, an FHA loan is an attractive option for an affordable residential mortgage for a number of reasons including lower credit score and down payment requirements. The same features that make the FHA loan program so attractive for buyers doesn't always seem so great from the seller's perspective. When sellers [...]

2017-11-22T16:42:24+00:00November 22, 2017|Economics 101, Loan Update 101|

Debunked: 5 Down Payment Myths You Probably Still Believe

Despite the large percentage of the population that has successfully gone through the homebuying process, it remains a mystery to many citizens. More than 200 million Americans live in homes they own themselves, according to the U.S. Census Bureau. Still, despite the large percentage of the population that has successfully gone through the homebuying process, it remains [...]

2017-07-11T17:19:11+00:00July 11, 2017|Economics 101, Loan Update 101|