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.
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?
We’ve all heard of them, but what exactly is a mortgage, how does it work, and how does it help you become a homeowner?
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?
You need a decent income to qualify for a house costing around $1 million. Here’s how much you might need, including variables that could affect your numbers.
GO and PacRes announced a merger on May 31, 2024. It is expected to close in the third quarter of 2024.
How much do you have to make to buy a house costing $600k, $700k, or $800k? We do the math, plus break down variables that can alter your numbers dramatically.
You might be surprised how much you can afford with a $200k salary. But here are some of the variables that could make your max home price higher or lower.
