Top Mortgage Resources

Navigating the home buying process can be daunting, especially if you haven't done your research. If you're thinking about buying your first home, take a look at this article by Anita Clark!

Whether you are looking to owner-occupy the home or buy an investment property, the Fannie Mae HomeStyle renovation mortgage and FHA 203k have your options covered.

Take a look at this post by Karen Highland and learn what mortgage programs are available with a less than 20% down payment!

If you buying a home and not paying cash for it, this article by Petra Norris is an excellent primer on your options!

Whether you're going to a shorter term, lower rate, getting cash-out, putting cash-in or even refinancing a land contract, we offer many options.

In order to help those that are preparing for home ownership, I have assembled a list of facts about FHA mortgages.

Learn what it takes to buy a home as a first time home buyer!

Take a look and get a better feel for the whole process and see how a home purchase is supposed to happen.

Take a look at this article by Joe Boylan to find out everything you need to know about loan commitments!

In Kevin Vitali's latest article he gets advice from 6 mortgage professionals on things we wished home buyers knew!

Learn different ways to pay off your mortgage early!

If you're looking for some sage advice on everything mortgages, this is the MEGA article for you!

Use these mortgage tips as a guide as you negotiate not only with the seller of the home but also your lender and real estate agent.

Take a look at this article that we co-authored with Conor MacEvilly to see what the differences between a mortgage broker and a bank are and the pros and cons of each!

The FHA mortgage is a great way for people to buy a home. Whether it is their first home or 6th home, getting an Illinois FHA loan makes it possible to achieve home ownership with several advantages.

Within the Illinois FHA Mortgage program page, we dive into the following:

🏠 Lenient Credit Requirements
🏠 Income Documentation
🏠 Residency Requirements
🏠 Down payment Requirements including gift funds documentation
🏠 Illinois FHA Loan Limits

If you're looking for information on an FHA loan in Illinois, this guide is for you!

The Family Opportunity Mortgage will allow qualifying people to buy a home for either their children enrolled in college or their elderly parents.

https://www.youtube.com/watch?v=AbrbXWlVQ7w

The following compilation on Realty Times will provide important facts that are definitely true about VA mortgages as well as debunk some commonly believed myths.

Without a doubt, the FHA loan is one of the most popular mortgage programs among first time home buyers! The reasons for this are quite simple. FHA has a low down payment requirement, they have forgiving credit requirements, and their rates are just as good as conventional loans.

In this article by Joe Boylan, he explains the different types of lenders, how they work, where the money flows and why it can seem like the lender is asking for your DNA (they don't, yet...).

In this article on Medium, we cover the most recent reverse mortgage changes from October of this year, plus changes to the program that were effective in April of 2015.

Learn what a VA mortgage is and how VA loans work in this comprehensive guide by me on Bill Gassett's Maximum Real Estate Exposure site!

In this article, Bill Gassett details what it takes to make sure your property meets FHA's minimum property standards!

If you're having trouble getting qualified for a mortgage, take a look at this article by Kyle Hiscock!

Learn what the HARP program is, who is eligible, what alternatives exist and more in this detailed post by Dan Barcelon - Long Beach Homes and Real Estate!

Learn more about the 203k mortgage in this helpful article by Paul Sian!

Learn more about FHA's rehab program in +Fred Franks Jr latest post!

When used responsibly, the FHA reverse mortgage can be a wonderful boost for seniors. The ability to tap in to their home’s equity without the requirement for making any payments is a very unique type of mortgage and can be very useful.

This article by Debbie Drummond goes into the details, plus gives pros and cons of utilizing a 203k loan.

Whether it's a myth about down payment, credit score or that all lenders are the same, you will be sure to learn something in this myth busting guide!

The VA mortgage program is one of the best and we would encourage any Veteran that doesn't have a large down payment to check it out first!

Learn what private mortgage insurance is, how to avoid it and how to get rid of it if you are already paying PMI in Kevin Vitali's latest post!

For the right person and situation the adjustable rate mortgage can be a great option. Find out more in Dan Barcelon - Evergreen Properties and Investments's latest post!

Already Own 4 Investment Properties? Financing is STILL Available for More

Learn about jumbo loans, limits and requirements including information on down payment!

If you're looking for a low down payment mortgage and have less than perfect credit, FHA may be the solution!

The USDA mortgage can be a great option for those looking to purchase outside of a large city. Be sure to check geographic and income qualifications.

It's important to know the different between a pre-qualification versus a pre-approval. Learn the differences and more in Joe Boylan's latest post!

From credit history to how much money you have in reserves, this article by Debbie Drummond will give you the insight you need to get through the mortgage process in a breeze!

Finding a good mortgage lender or broker is a very important step in the home buying process. Each lender will have their own fees and available mortgage programs to choose from. Learn how to find and choose a mortgage lender or broker in Kyle Hiscock's latest post!

Learn the pros and cons of the FHA loan in Kevin Vitali's latest post!

Happy to see our blog on this list along with many other great mortgage resources! Thanks so much for the inclusion Anuj Agarwal!

The FHA 203k is a sister product to the FHA loan. While the FHA loan is used to purchase or refinance a home, the 203k loan is used to buy an existing property and also make repairs, improvements or remodeling to the home.

If you're looking for a mortgage lender be sure to follow this advice from Dan Barcelon - Evergreen Properties and Investments. Dan goes into the details of how to spot a great mortgage lender!

Learn how much house you can afford in Kevin Vitali's latest article! It's important to understand what each of the ratios mean so that you can make an informed decision on how much you want to spend on your new home purchase!

Improving your credit score before you buy a home and get a mortgage is a very smart move! Not only will it likely get you a better interest rate (depending on the program), it will also most likely get you approved for a higher loan amount! It's a win-win situation!

If you're credit is less than perfect, take a look at Paul Sian's latest article for tips on how to improve it!

Due to the popularity of the FHA mortgage program, Fannie Mae has felt the pinch of competition. In order to serve more people, Fannie May introduced the My Community Mortgage program.

This program has been retired and was replaced with the HomeReady® program. The HomeReady® mortgage makes it possible for people with low to moderate-income to qualify for a home mortgage.

Buying a home with an FHA mortgage is a great way to begin or continue your journey in homeownership! However, it's not necessarily the best program depending on your circumstances. Learning the pros and cons of the FHA home loan is in your best interest to make sure that program is best for you!

Learn more about FHA loans on +Rochester's Real Estate Blog that Kyle Hiscock put together! It's a must read for those thinking about using the FHA mortgage program!

If you're searching for a mortgage lender, check out this article by Christy Soukhamneut which will help guide you through the process!

Each of these articles is jam packed with information to help buyers and sellers make smart decisions

If you're looking for some great home buyer or home seller real estate articles to read, check out this post by Bill Gassett over at RealtyTimes!

Buying a home can be one of the most exciting (and most expensive) purchases you will ever make! It's no easy process going from preapproval to closing but it can be done with greater ease by following these tips by Bill Gassett!

Learning what mortgage mistakes to avoid is key in making sure once you are preapproved that you make it to the closing table. Being denied a mortgage after preapproval is something no one wants to go through!