FHA Loan Down Payments | Requirements 2026
January 10, 2024
With an FHA loan, nearly all borrowers will be able to pay as little as 3.5% of the home’s purchase price as a down payment.
Read MorePeter Warden
Peter Warden has been writing for a decade about mortgages, personal finance, credit cards, and insurance. His work has appeared across a wide range of media. He lives in a small town with his partner of 25 years.
Articles by Peter Warden
Second Mortgages | What To Know 2026
January 2, 2024
With a second mortgage, a homeowner can borrow at a very low interest rate, using his or her equity in the home as security.
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Conventional Loan Limits 2026
January 2, 2024
Most conventional mortgages come with caps on the amount you can borrow. These are called “conventional loan limits” or sometimes “conforming loan limits.”
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Cash Out Refinance vs HELOC: What’s the difference?
January 2, 2024
A cash out refinance or HELOC (home equity line of credit) lets you turn some of your “equity” into cash. But when you’re choosing between them, you’ll need to consider the specifics of your financial situation.
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How much should you put down on a house?
November 15, 2022
There’s no one-size-fits-all answer to this one and it’s going to depend on a number of factors, including the type of mortgage you want and your personal financial circumstances.
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How much does it cost to refinance?
November 15, 2022
It typically costs between 2% and 5% of the amount you’re borrowing to cover the closing costs of your refinance.
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How much is PMI (private mortgage insurance)?
November 15, 2022
How much is PMI on a mortgage? Private mortgage insurance (PMI) is usually between 0.19% and 1.86% of your mortgage balance. And you sometimes need to pay an upfront premium […]
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Non-Conforming Loans: The Complete Guide
August 11, 2022
What is a non-conforming loan? A non-conforming loan is any mortgage that is not partly guaranteed by a government department or agency. Conforming loans are conventional loans that meet the […]
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Mortgage Pre-Approval Letter: The Complete Guide
August 11, 2022
A mortgage pre-approval letter is a document from a lender confirming their willingness to lend you a specified maximum amount of money.
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Niche Mortgage Products · Refinance
RefiNow and Refi Possible | New Low-Income Refinance Programs 2026
January 27, 2022
What are RefiNow and Refi Possible? RefiNow and Refi Possible are new refinance programs available to homeowners with existing conventional mortgages owned by Fannie Mae or Freddie Mac. They’re open […]
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