Can’t find an affordable FHA-approved home? You have options.

Americans took out nearly $150 billion in loans backed by the Federal Housing Administration to buy homes in 2018. Nearly 83% of those FHA borrowers were first-time homebuyers, according to the Department of Housing and Urban Development. It’s unsurprising that FHA loans are especially popular with first-time homebuyers, due to more lenient credit-score and debt-to-income […]

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How to pick the best loan to pay for home renovations

Many people don’t realize there are renovation loans that can help pay for your housing upgrades.Whether you need a new roof or your kitchen is outdated, there is a mortgage that’s right for your fixer-upper. Here are your options and what you should know about each one.Government-backed loansOne of the best-known loans for home improvements, […]

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