Fixer-uppers offer affordability and potential equity but require time and repairs. Move-in-ready homes are less hassle but cost more. Both come with trade-offs, so the right choice often depends on your finances, timeline, and risk tolerance.
Fannie Mae and Freddie Mac should soon begin to take bitcoin and some other cryptocurrency assets into account when deciding mortgage applications.
Here are the 10 biggest "retail" (direct-to-consumer) lenders in the country for homebuyers purchasing their primary residence.
While renting comes with lower upfront costs than owing a mortgage, buying a home offers wealth-building opportunities and stability. The right choice depends on your timeline, finances and lifestyle.
Avoiding common first-time homebuyer mistakes can help you save money, reduce stress, and start your homeownership journey on the right foot. A little planning now can prevent big regrets later.
Using retirement funds to buy a house will likely lead to penalties and a larger tax bill. It can also reduce your account's future earning potential.
USDA guidelines set waiting periods for obtaining a mortgage following adverse credit events such as bankruptcy, foreclosure, and short sales. However, compensating factors and proof of extenuating circumstances may help you qualify sooner.
It's possible to leverage crypto for a down payment on a traditional mortgage, but plan your steps carefully.
Crypto mortgages are a new type of mortgage where the crypto is the collateral, not the house. Those with large holdings could become homeowners.
Manufactured homes are typically more affordable than traditional homes. But first you have to pass the appraisal process.
It's a popular idea: Buy land in the country and build your dream house. What are the practical steps, and is it even possible?
A down payment shouldn't be determined simply by how much you have (or don't have) saved. A seasoned loan officer describes how he advises his clients.
Title insurance can feel like an overpriced, unnecessary add-on at closing—but in a housing market full of hidden risks, it might just be your best protection against a costly legal headache. While not everyone needs it, this one-time policy can serve as a safety net if an unexpected claim ever threatens your ownership.
Lender credits can help pay closing costs, but the help isn’t free. The buyer still pays closing costs in the form of a higher monthly payment throughout the life of the loan.
Buying your first home can feel like an impossible dream in today’s tough market, but you might be surprised that you qualify for first-time homebuyer programs — even if you’ve previously owned a home.
We estimate home prices you might be able to afford on a $70,000 annual salary based on common lending assumptions.
What's the real max DTI for a mortgage? Not what you think. A loan officer breaks it down.
Choosing the right lender can make or break the home-buying experience. But if you've already begun the process with one mortgage company, can you switch to a different lender for your loan?
