In March, the Federal Reserve took steps to keep money flowing through the mortgage financing system, including two rate cuts that were part of the central bank’s efforts to protect the economy from sustaining even more damage from the COVID-19
Home Buying Tips
PA USDA Home Financing Information
It is a surprise to many that the USDA (US Department of Agriculture) offers mortgages. The home loans may be used for properties in specific non-metropolitan locations and have special terms and features. This article includes PA USDA home financing
Overview Of HomeStyle Mortgages
FNMA HomeStyle mortgages enable people to include the expense of renovation into the financing. It can be used to purchase a new property or to refinance a current one. It may apply to minor and major tasks and thus is a great alternative for houses
HomePath Mortgages For Renovations
HomePath mortgages for renovations enable loans to be obtained on a house that may otherwise not qualify for financing. The cost of renovations can be rolled into the mortgage amount, making purchasing the property possible. Below is some helpful
PA Home Equity Loan Guide
There are many different home equity loan options. Some can be a better solution than others depending on your circumstances, mortgage rates, and what you need the loan for. The PA home equity loan guide detailed below may help you understand your
Benefits Of HomePath Loans For PA Properties
If you are seeing a Fannie-Mae owned property, you may see a notation about HomePath mortgages. These loans are exclusively for Fannie Mae listings and come with a few unique financing terms. The benefits of HomePath loans for PA properties below
Earnest Money Deposits For PA Home Transactions
The real estate process normally involves earnest money deposits from buyers to demonstrate that they are proceeding in good faith. Deposits should be handled in a certain manner so as not to interfere with the mortgage approval process. This article
PA Homeowner Mortgage Refinancing Information
Are you thinking of refinancing? Refinancing involves certain costs but may lead to reduced monthly payments. It can take place with the existing lender that owns your loan or an entirely new lender. PA Homeowner Mortgage Refinancing Information
Steps In The Home Loan Process For Purchasing PA Real Estate
There are many steps in the real estate purchase process, and many relate to obtaining financing. It may be complicated for both new and repeat home buyers. This blog offers important information about steps in the home loan process for purchasing PA
PA Home Loan Specialists
Obtaining financing for real estate can be a difficult process because of the different loan options, the documentation involved, and the qualification process. Getting help from local PA home loan specialists may minimize some of the errors. In this