Earnest money is a deposit that shows sellers you're serious about buying their home, typically ranging from 1% to 3% of the purchase price. This good faith deposit is usually due within a few days of an accepted offer, is applied to your closing costs, and can be refundable under certain contract contingencies.
Conventional loans are a viable alternative to FHA, offering 3% down and cancelable mortgage insurance. Is it the right program for you?
Conventional lenders will consider financing a "barndo," but it's no guarantee. What to know when shopping for this unique home type.
Past credit mishaps don't necessarily make you ineligible for a conventional loan. Here's how to deal with collections and other credit events when applying.
From wedding and graduation gifts to employer assistance, here are uncommon but powerful ways to fund your down payment.
You can get a conventional loan after bankruptcy. Here's how to do it.
There is no shortage of rules when it comes to using rental income to help you qualify for a mortgage. Here's your guide.
A 4-season sunroom can drastically change the feel of your home. How to finance these popular home additions.
Guidelines that will help you get a rental property conventional loan.
You might be surprised about Fannie Mae and Freddie Mac lending rules when it comes to accessory dwelling units.
