An adjustable rate mortgage, or ARM, can help some home buyers save money during the first few years of their loan. But do the short term savings outweight the risks? It depends on the borrower. For some borrowers, an adjustable rate mortgage can be a great way to...
If you’re considering an FHA Loan for your next home purchase, we’ve got some great news for you. According to an official announcement from the Federal Housing Administration (FHA), the annual premiums most borrowers have to pay on FHA loans will be...
USDA Loans are a great home financing solution for home buyers on a budget. These government-backed loans allow lower-income and moderate-income borrowers obtain financing for the purchase of a HUD-approved home in certain areas. While these areas are typically less...
Although 30 years is probably the most common timeline for most mortgages, not everyone wants to carry mortgage debt that long. Not only does it mean that it will take three decades to own the home outright, but by the time you add up the interest, a 30 year loan...
If you’re interested in buying your first home in the Anaheim-Placentia-Yorba Linda market, you’ll be glad to know there are plenty of great homes available in a variety of fantastic neighborhoods. You’ll also be glad to know that there are low money...
FHA loans are a popular home financing choice throughout the United States. However, FHA loans may not always be the best option for every home buyer. While FHA loans offer a variety of great benefits, they also have a few drawbacks. Determining whether or not an FHA...
