Mortgage loans made by the Federal Housing Administration can be a huge help to homebuyers without a large down payment. FHA loans require down payments of as little as 3.5%. Traditional loans often require 20%. Yet FHA mortgages come with some strings at
Dec 04, 2019 | FHA Loans Homeowner Tips Refinancing a Home
Refinancing is a word thrown around in the mortgage world and can be a very useful tool for homeowners. But there are plenty of misconceptions about what a mortgage refinance is and what it entails. By understanding the four most common myths about refina
Nov 13, 2019 | Refinancing a Home
If you are a veteran or a service member, you are probably well aware of VA mortgage loans. These loans offer excellent benefits, including no down payment or credit score requirements as well as allowing borrowers to forgo mortgage insurance premiums. B
Oct 24, 2019 | VA Loans Purchasing a Home Refinancing a Home
Freddie Mac has announced the creation of a new home renovation loan program called the CHOICERenovation Mortgage. This product is replacing Freddie Mac’s previous Renovation Mortgage and is very similar to Fannie Mae’s HomeStyle Renovation an
Aug 28, 2019 | Refinancing a Home Conventional Loans
The federal government has aimed to help increase homeownership for decades. One of the Federal Housing Administration’s many programs to help Americans, including those in Utah, in their homeownership dreams is the Energy Efficient Mortgage program (EEM)
Jul 17, 2019 | FHA Loans Purchasing a Home Refinancing a Home
Once you get serious about buying a home or refinancing your current mortgage, you will probably hear the term “loan-to-value ratio” mentioned by your mortgage broker. What is this ratio and how does it affect your Utah mortgage? Loan-to-Value Ratio
Jul 10, 2019 | Credit Mortgage Basics Purchasing a Home Refinancing a Home
