Your lender sets up mortgage escrow to collect certain expenses, like property taxes. This simplifies the homeowner's payment ...

Homes in the United States have historically appreciated over time. This appreciation can help new homeowners build equity ...

If you plan to put less than 20% down on your home home, the lender will likely require PMI. But what does it do and how much ...

The turn of the calendar seems to offer new hope of finding a home, setting down roots, and building wealth. But how to turn ...

Some loan programs offer a zero down payment option. But more than likely, you'll need at least 3% down. You’re excited about the prospect of purchasing a home. Only you’ve heard that you may need to ...

Finding the perfect home can be challenging. Sometimes, the best way to get into your dream property is to simply build it from the ground up. However, financing new construction isn't as ...

Government-backed FHA loans make home ownership more accessible to first-time and repeat homebuyers needing a low down payment.

If you have a low to moderate household income and want to purchase a home, you may be comparing a USDA loan vs. FHA loan. These loan products have more relaxed lending requirements than conventional ...

You can't shop for rates until after you're pre-approved. It's usually best to stick with your pre-approval lender, especially for complex situations. For homebuyers, it’s natural to want the lowest ...

The average down payment for first-time homebuyers is just 9%, thanks to a variety of programs that don't require the traditional 20% down. Your down payment plays a big role in your home purchase. It ...

Maybe, in the excitement of closing on your new home, the numbers dissolved into a blur. But now, after making a few mortgage payments, you’ve started to notice how much interest you’re paying to the ...