Home Buying Tips

How is COVID-19 Affecting Mortgage Rates?

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

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

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