Conventional Loan Down Payment Gift Requirements: What You Need To Know
There are now more ways than ever to receive gift money for your conventional loan down payment.
September 25, 2023 7 MIN
There are now more ways than ever to receive gift money for your conventional loan down payment.
You can have up to 10 conventional loans, but here are exceptions and rules you need to know.
Some non-taxable income can be increased by 15-25% or more. Find out if this little-known mortgage rule can help you.
We take a look at features and benefits of both conventional and USDA loans to help you decide which one might work better for you.
This rising fraud scheme might seem innocent enough, but it comes with serious consequences, including losing your home.
Conventional loans aren't just for single-family homes. You can also use them to buy a 2-4 unit that you live in as your primary residence. Here's how.
While it might be difficult, it is possible to raise a property's value enough to refinance out of mortgage insurance.
A look at history and the future to see if conventional conforming loan limits might increase next year.
Most homebuyers think of conventional loans as the gold standard in lending. Here's when they're not.
Buyers haven't needed 20% down for decades, but the myth persists. All about the 5% down conventional loan.
There are 105 areas in the U.S. where the conventional Fannie Mae and Freddie Mac 1-unit loan limit is over $1 million.
Fannie Mae and Freddie Mac cut fees and rates for moderate-income first-time buyers. Here are the details.
With permanent or non-permanent lawful U.S. residency, your mortgage process will be similar to that of a citizen.
Community Seconds can cover your entire conventional down payment and closing costs. Where to find these loans.
Our research indicates that FHA loan limits could increase in 2024, but it's still too early to make a final determination.
Offering to let a buyer assume your loan can get you top dollar for your home. Options for sellers and buyers if the home has a non-assumable conventional loan.
Choosing between a conventional loan and a jumbo loan isn’t as hard as you might think. Examine a few key aspects of your scenario to make it a straightforward decision.
If your loan application doesn't quite fit the mold, human intervention might flip it from denied to approved.
