The concept of conventional loans dates back to 1938 during the depths of the Great Depression. That’s when The Federal National Mortgage Corporation, also known as ‘Fannie Mae‘, was founded by the United States Government. Read More
If you are active or retired military, serious benefits may be available to you through the Department of Veterans Affairs home loan program. VA loans are designed to help active military personnel, veterans and certain spouses of veterans obtain very favorable mortgages, and they arguably offer the best mortgage benefits available today. Read More
In today’s housing market, those wanting to buy a home with no down payment have limited options. The 2008 financial crisis led to the rapid demise of subprime lending and a harsh tightening of mortgage credit. Fortunately, USDA RD loans are still running strong offering 100% financing with low mortgage rates for home purchases.
Fixed-rates mortgages are considered to be the “gold standard” of today’s mortgage products in America. It’s no surprise they are the most popular mortgage product used today for both purchases and refinances. Read More