FHA new construction loan
Are you interested in availing of the FHA new construction loan? It is pretty similar to the usual FHA loan you are accustomed to. The main difference is that it combines…
Refinance rates in Texas simplified
Refinance rates in Texas have taken a sharp rise in 2022. While it may be true that mortgage rates are difficult to predict, the current national refinance rates in Texas…
Current refinance rates in Florida: different loans for different needs
Current refinance rates in Florida differ depending on the kind of mortgage you are looking for. A few options in the market are available for you, but these mortgages rely…
Scared by conventional loan requirements? Know these details before applying
When it comes to conventional loan requirements, almost all of the lenders in the market offer it. If your interest is in applying for a home refinancing loan, then a…
Worried about conventional loan requirements? Here’s the 2022 updated list!
Conventional loan requirements for 2022 vary from lender to lender. For as low as 3% downpayment, you can qualify for a conventional or conforming loan, significantly if your credit score…
One-time-close construction loans
Wondering what the difference between a one-time close and two-close loans is? Let's start with two-close loans. When you want to buy a property and build on it, you need…
How to cancel FHA MIP or conventional PMI mortgage insurance
What is FHA MIP? FHA MIP, or mortgage insurance premium, is a type of insurance policy that protects the lender if the borrower defaults on the loan. This insurance allows…