Tag: Home Loan

Posted on 06/27/2021
A Quick Guide to Conforming Loans
Image by InspiredImages from Pixabay When you plan on getting a mortgage, you have some choices. There are conventional, FHA, VA and other options. One term you'll likely hear is a conforming or a non-conforming loan. If you aren't sure what that means, you could end up confused about the kind of loan you're actually getting for your...
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Posted on 10/11/2020
Should You Finance with a Credit Union?
Image by Pete Linforth from Pixabay Property buyers today may think of a credit union as an alternative form of lending and ultimately meant for people who don't fit the stereotypical borrower. But this assumption may a little unfair once you learn the facts. Credit unions present several unique opportunities that you simply won't find anywhere else. We'll...
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Posted on 07/26/2020
How to Secure a Conventional Loan
Photo by Evan Dvorkin on Unsplash A conventional loan is the most common type of mortgage used to secure a home purchase. Conventional loans are backed by private lenders and typically conform to the standards established by Fannie Mae and Freddie Mac. In order to qualify for a conventional loan, you must meet several specific requirements. 1. Debt-to-income...
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