Tim Lucas (NMLS #118763 ) is an editor of MyMortgageInsider.com. He has appeared on Time.com, Realtor.com, Scotsman Guide, and more. You can connect with Tim on his website, ThisIsMortgage.com.
January 2, 2024
Low credit score borrowers may be eligible for FHA loans, thanks to a new 2017 FHA policy update. Since 2017, lenders have loosened credit score requirements. These new credit score […]
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FHA Loans · Home Buying · USDA Home Loans · VA Home Loans
January 2, 2024
100% financing home loans for new and repeat home buyers One hundred percent financing home loans are mortgages that finance the entire purchase price of a home, eliminating the need […]
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Home Buying · News · USDA Home Loans
January 2, 2024
USDA home loans offer 100% financing, low rates, and affordable payments. These loans are becoming more popular as more buyers discover they can buy a home with no down payment. […]
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January 2, 2024
If you have found a home you love, but it’s in bad shape, the FHA 203k loan may be the perfect way to buy and renovate, simultaneously. No scrambling around […]
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January 2, 2024
The VA home loan is arguably the best mortgage product on the market today. This type of home loan is only available to eligible veterans and active duty service members […]
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Home Buying · News · Understanding Mortgages
January 2, 2024
“Affordable Loan Solution” program offers 3% down loan The “Affordable Loan Solution” mortgage is a conventional loan program from Bank of America intended to be a less expensive option than […]
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January 2, 2024
When you apply for a mortgage, the lender will check your monthly income to make sure you can afford to make regular house payments. For some borrowers, monthly income isn’t […]
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Conventional Loans · Home Buying · Understanding Mortgages
January 2, 2024
You can buy a house for an elderly parent and get better interest rates by classifying it as “owner occupied.” The Family Opportunity Mortgage is a great way to help aging parents.
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Conventional Loans · Home Buying · News
January 2, 2024
What is the conventional 97 loan program? The Conventional 97 program allows homebuyers to get a conventional mortgage loan with only 3% down. The program is named for the 97% […]
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January 2, 2024
Commonly known as VA home loans, mortgage loans backed by the Veterans Administration offer Veterans and active-duty servicemembers a way to buy a home with zero down payment and lenient […]
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