Category: Home Loans
Protect Against Fraud When Financing a Home
While signing paperwork is one of the least exciting things about buying, building or refinancing your home, the day you are set to close on a loan and move onto the next chapter in your life should be uplifting and satisfying. It wasn’t such a great day for Washington, D.C. homebuyers Sean Smith and Erin.....
Financing a New Home
Whether a new home appeals to you because you want a property built for today’s lifestyle and up to today’s standards or you just like the concept of being the first owner of a home, your financing options are similar to purchasing an existing home. You can use government-backed loan programs such as FHA and.....
Home Loan Choices
Old rules are outdated . . . consider new options. For decades, conventional wisdom dictated that home buyers make a down payment of at least 20 percent. Without those funds, buyers weren’t considered financially sound enough to invest in a home. The traditional rationalization was that a good-sized down payment led to a lower interest rate, was.....