Affordable Housing Loans: What Are the Options?

A conventional mortgage is a loan for real estate that borrowers need to apply for and repay monthly over a set number of years. However, other mortgage loan types can make buying a house easier – cue...

Affordable Home and Renovation Financing – All-In-One Loan

CHOICERenovation® makes updates easy! Funds are used for new appliances or other upgrades like a kitchen refresh or flooring update. Wait until it's move-in ready – you don't have to occupy the home d...

Buying a House: Learn About What Goes Into Mortgage Payments

Here’s How to Calculate Your Mortgage Payment While there are many costs associated with owning a home, let’s start with what exactly makes up a large portion of the cost – your mortgage payment. A...

Mortgage Loan Types, Credit Score, and more: 5 Tips to Get the Best Mortgage Rate

Consider a Fixed-Rate Mortgage Fixed-rate mortgages are the most common loan option among borrowers. The rate stays the same throughout the life of the loan, meaning the monthly mortgage payment does...

As A Freelancer, How Do I Buy a House? What Can I Afford?

Freelancers are more and more essential members of the economy, recognized more and more. As you research home loans catering to freelancers and gig workers, you’ll hear the term “non-QM,” meaning non...

Buying a Home With Student Loan Debt in 2022

How Do Student Loans Impact Your Finances? Your credit score is one of several factors that lenders look at when evaluating your financial profile for a mortgage. It is determined by how much debt you...

Get Help with Your Down Payment and Closing Costs on Your First Home

With ever-increasing apartment rental rates and student loan payments to manage, 5 in 10 millennials consider coming up with a down payment a major barrier to owning a home. And that’s before closing ...

Guide to Government Home Loans in 2022

What is a Government Backed Mortgage? A government backed mortgage is a loan that is insured by the U.S. federal government. There are many different types, each with their own specific requirements a...

How Much Money Do You Really Need to Save to Buy a House?

Ongoing expenses Costs that persist over time once you become a homeowner Property taxes Property taxes vary by state and county and are usually included in your monthly mortgage payment. Property tax...