Topic: Mortgage

Traditional Financing Vs Owner Financing
If a buyer can’t find traditional financing, some sellers may offer owner financing. But how does it compare to traditional…

FHA vs Conventional: Comparing the Most Popular Mortgage Loans
FHA and conventional loans are two of the most popular and accessible loans available, but which is right for you?

How Many Mortgages Can You Have? Read This BEFORE You Take Out Another
How many mortgages can you have? The federal limit for traditional mortgages is 10, but that doesn’t mean everyone will…

What’s a Home Appraisal in Real Estate — and Can I Skip It?
Most mortgage lenders require a home appraisal — so buyers should be prepared. Learn the process and why it matters!

How Long Is a Preapproval Good For? Read This Before Applying for a Mortgage!
A mortgage preapproval letter tells sellers you’re a qualified buyer. Learn how long mortgage preapproval lasts and what to do…

Is Homeowners Insurance Included in Your Mortgage? No, But Here’s How to Simplify Paying
Is homeowners insurance included in your mortgage? Not usually, but you may be able to combine them.

The 14 Best Proof of Income Documents for Renters and Home Buyers
When you apply to buy or rent a home, you’ll need proof of income documents to qualify. Here’s what you’ll…

Can You Sell a House With a Mortgage?
Can you sell a house with a mortgage? Yes, but consider these tips before you do!

What You Need to Know About VA Non Allowable Fees
Non-allowable VA fees put a cap on what lenders can charge to VA buyers — and they also limit how…

Prequalified vs Preapproved for a Home Loan: What’s the Difference?
Preapproved and prequalified are two similar but different financial terms. In real estate, you’ll want to deal with preapproved sellers.…