How Many FHA Loans Can You Have?
FHA loans are an excellent option for homebuyers, offering low down payments and flexible credit...
July 3, 2024 7 min read
FHA loans are an excellent option for homebuyers, offering low down payments and flexible credit...
FHA loans make it possible to use rental income from a multifamily home to help you qualify — even if you're a first-time landlord. With the right property and a lender who knows the guidelines, rental income can be a powerful tool to boost your buying power.
You can use an FHA loan to buy a duplex, triplex or fourplex at 3.5% down. Live in one unit and qualify with rental income.
It’s more important than ever to know how much a Realtor costs as a landmark settlement means homebuyers could start footing the bill.
Fannie Mae allows buyers to purchase 2- to 4-unit multifamily homes with just 5% down, making it easier for house hackers and first-time investors to get started. With no self-sufficiency test and the ability to use future rental income to qualify, this program offers a practical path to multifamily homeownership.
Many first-time buyers are surprised by closing costs, often dipping into their down payment savings to cover them. How to find help.
It will likely be a calm week for mortgage rates -- that is, until Friday rolls around.
Many homebuyers who missed the last mortgage rate rally wonder if low rates will ever come back. Can rates fall to 3%?
Experts suggest spending no more than 28% of your income on a house payment and 36% on all debts including housing. Is this realistic in today's economy?
The 2024 Presidential election could impact mortgage rates. How would mortgage rates fare under each candidate?
