More Buyers Getting Down Payment Gifts from the Bank of Mom and Dad
Wondering how young people are affording homes? Often, it's due to a six-figure gift from mom and dad.
February 17, 2025 9 min read
Wondering how young people are affording homes? Often, it's due to a six-figure gift from mom and dad.
RHS loans allow low-to-moderate-income borrowers to purchase rural properties with zero money down, lower mortgage insurance costs, and interest rates that are more favorable than with many other types of financing.
Conventional construction loans are a widely accessible option for building a new home. You can use these mortgages to fund construction on land you already own or include the cost of purchasing property.
Conventional loans come in all shapes and sizes and offer the flexibility to finance just about any real estate transaction, from purchasing your dream home to refinancing and renovating a multifamily investment property.
A second mortgage is a type of loan that allows you to borrow against the...
While conventional loans are the most common type of mortgage, VA loans can offer great...
While it’s a generous loan option, FHA loans come with several key requirements prospective borrowers will need to meet or exceed, including minimum credit score, minimum down payment, and maximum debt-to-income ratio.
We analyzed 100 housing markets to determine where homebuyers with dual incomes have the best chance at homeownership.
Get your printable home inspection checklist PDF and learn why a home inspection is so vital to the buying process.
It's possible to receive gift funds that would cover your entire FHA down payment, but you must follow guidelines, especially ones about acceptable donors.
