Conventional, FHA, USDA, and VA home loans all allow private and community well and septic systems. What to expect when you're buying a house with non-public utilities.
Lenders allow you to sell items to raise cash for a down payment and other costs of homeownership. Here's how to document your sale.
You typically need a strong credit profile to qualify for a conventional loan. However, if you have no credit score at all, you still have options.
Circumstances that led to support payments are never desirable, but one silver lining is that they can help you qualify for a mortgage.
What counts as an extenuating circumstance for a mortgage varies by loan type and lender. Here's what to expect plus waiting periods.
Seller contributions can reduce your upfront costs, but there are limits. Learn about the maximum seller concessions for conventional loans and ways to use seller credits strategically.
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?