FHA Loan
FHA loans are a type of mortgage loan insured by the Federal Housing Administration (FHA), a government agency. These loans are designed to make it easier for first-time homebuyers and those with limited resources to obtain
VA Loan
A VA loan is a type of mortgage loan in the United States that is backed by the U.S. Department of Veterans Affairs (VA). These loans are designed specifically to help eligible veterans, active-duty military personnel,
Broker v. Retail
When it comes to obtaining a mortgage, there are two main options: working with a mortgage broker or working directly with a bank. Both have their own set of pros and cons, and the best option
Points
Mortgage points, also known as discount points, are a type of fee that borrowers can choose to pay in order to reduce their mortgage interest rate. One mortgage point is equal to 1% of the total
Home Equity
Home equity is the difference between the value of your home and the amount you still owe on your mortgage. It is essentially the portion of your home that you own outright. For example, if your
FHA Loan
FHA loans are a type of mortgage loan insured by
VA Loan
A VA loan is a type of mortgage loan in
Broker v. Retail
When it comes to obtaining a mortgage, there are two
