Tag Archive for: conventional loan

When and How to Refinance Your FHA Loan

If you're a homeowner with an FHA loan, you may be wondering when and how you can refinance it. FHA loans, backed by the Federal Housing Administration, offer attractive benefits to first-time homebuyers and those with lower credit scores. However, as your financial situation improves or market conditions change, refinancing your FHA loan could save you money or provide other advantages. In this guide, we'll explore the ins and outs of FHA loan refinancing, including the optimal time to refinance and the various options available.Read More

How To Buy An Investment Property With A Low Down Payment

Many individuals are considering purchasing a second home in addition to their primary residence. The increase in remote work makes buying a second home or an investment property possible for many homebuyers.Read More

What Is A Conventional Loan?

Conventional loans are a favorite for homebuyers with decent credit scores and who have a fair amount of funds for a down payment. Conventional mortgages should not be confused with “Conforming Mortgages. Read More

How to Eliminate Private Mortgage Insurance or PMI

Here are three options for eliminating the private mortgage insurance (PMI) obligation associated with a conventional loan (FHA MI is permanent). Option #1 – Refinancing: If your property appreciates to […]Read More