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.
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 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?
Check your FHA upfront mortgage insurance refund amount for your new loan with these charts.
United Wholesale Mortgage, or UWM, launched a zero-down loan for certain homebuyers. What are the rules, and is it the best loan for everyone?
