Which Mortgage Is Right for Me? The Top 5 Mortgage Types
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Which Mortgage Is Right for Me? The Top 5 Mortgage Types

ByGustan Cho

Every mortgage borrower is different. Your income, debts, credit rating, savings, and goals are unlike anyone else’s. The best mortgage for your neighbor might be the worst home loan for you. Here are the top mortgage programs, their pros and cons, and who they are designed to help.

FAQ Mortgage Questions on Home Purchase and Refinance
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FAQ Mortgage Questions on Home Purchase and Refinance

ByGustan Cho

Homebuyers should take time and ask as many questions as possible prior to the homebuying process. This holds especially true even if they are purchasing the home cash. By being knowledgeable and having all of the answers to their questions, the homebuying and mortgage process will be less stressful.

Low or No Down Payment: How to Buy a House With $0 Down

Low or No Down Payment: How to Buy a House With $0 Down

ByGustan Cho

Coming up with a down payment is often the biggest hurdle first-time homebuyers face. Fortunately, there are ways to buy a home with a low or no down payment:

VA and USDA home loans require no down payment at all.

FHA requires 3.5% and there are conventional loans with 3% down payments.
Down payment assistance (DPA) programs can grant or loan you a down payment.

Many of these programs are ideal for first-time homebuyers because they offer flexible underwriting.