Your credit score is one of the most critical factors when buying a home. Think of it as your financial resume—summarizing how well you manage debt and repay loans. This small yet mighty number, ranging from 300 to 850, gives lenders a snapshot of y
Jan 14, 2025 | Credit Purchasing a Home
For many aspiring homeowners, upfront costs like down payments and closing fees can seem like insurmountable obstacles. FHA gift funds offer a practical solution, allowing you to receive financial help from approved sources to ease your path to homeowners
Dec 31, 2024 | Purchasing a Home
Loan limits for 2025 are rising, opening up new possibilities for homebuyers across the nation. These limits, set by the Federal Housing Finance Agency (FHFA), determine how much you can borrow without stepping into jumbo loan territory. This year, they&r
Dec 19, 2024 | Purchasing a Home
There are an array of mortgage loans designed to fit the needs of the majority of borrowers. But what if you don't fit into the majority for one reason or another? This is where Non-Qualified Mortgage (Non-QM) loans come into the spotlight. These aren&rsq
Dec 17, 2024 | Purchasing a Home