Loan Types

Homebuyers
April 2, 2025

Bridge the Gap: How Homebuyers Can Use Down Payment Assistance on Conventional Loans

Homebuyers using Conventional loans may be able to use down payment assistance to help them to afford a home.

Homebuyers
March 25, 2025

Planning to Use a 0% Down USDA Loan? What To Know About USDA Appraisals

Homebuyers using a USDA loan must undergo a USDA appraisal. Here's what that entails.

Homebuyers
March 11, 2025

Home Loans for Lower-Income Buyers: What You Should Know

Discover mortgage programs designed to help lower-income homebuyers with down payments, closing costs, and affordable financing options, making homeownership more accessible.

Homebuyers
March 6, 2025

Condo Conundrum: Your Guide on How to Purchase a Condo with an FHA Loan

Getting an FHA loan for a condo can be tricky. Here's what buyers need to know.

A couple on the couch looks at paperwork and a tablet.

Homebuyers
November 21, 2024

Low Payments Now, High Costs Later: The Truth About Interest-Only Mortgages

Interest-only loans allow borrowers to pay just the interest on a loan for a set period. But then monthly mortgage payments may increase substantially.

A Black woman sits on a couch in a home holding and comparing two sheets of paper with information on them

Homebuyers
October 23, 2024

Understanding Conforming Loans vs. Non-Conforming Loans—And Why Homebuyers Should Care

Homebuyers may want to understand the differences between conforming and non-conforming loans when choosing a mortgage.

A nice two-story beige vinyl-paneled home sits in a well manicured lawn

Homebuyers
October 21, 2024

Jumbo Loans: The Super-Sized Mortgages for More Expensive Homes

Jumbo loans may help homebuyers finance more expensive home purchases.

Homebuyers
October 10, 2024

Unlocking Homeownership: How FHA Loans May Help First-Time Buyers

Learn how FHA loans can open the door to homeownership for first-time buyers with low down payments, flexible credit requirements, and affordable mortgage rates.