Tag Archives: FHA

First-Time Home Buyer Tips

Buying your first home is a really big deal. How do you know which loan is right for you? How do you swing the down payment? How do you ensure your offer isn’t too low or too high? What don’t … Continue reading

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COVID-19 Mortgage Assistance for Washington Residents

Important Things To Know First If you can pay your mortgage, pay your mortgage. If you can’t pay mortgage, or can only pay a portion, contact your mortgage servicer immediately.You may need to stay on the phone for a while … Continue reading

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5 Surprising (and Useful!) Ways to Save for a Down Payment

One of the biggest misconceptions of homebuying? The 20% down payment. Here’s how to buy with a lot less down. Buying your first home conjures up all kinds of warm and fuzzy emotions: pride, joy, contentment. But before you get … Continue reading

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The Big Down Payment Myth

Daily Real Estate News | Wednesday, February 15, 2017 Having the spare capital to put 20 percent down on a home purchase is great, but it’s certainly not the norm. Still, many people think it is and that belief may … Continue reading

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Average Time to Close: 44 Days

Daily Real Estate News | Friday, May 20, 2016 For the second consecutive month, the average time to close all loans stayed at 44 days, suggesting that new mortgage rules that took effect this fall are having less of an … Continue reading

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How to Assess the Real Cost of a Fixer-Upper House

By: G. M. Filisko When you buy a fixer-upper house, you can save a ton of money, or get yourself in a financial fix. Make sure you have the time, skills, and desire to embark on home improvement projects before … Continue reading

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FHA set to raise premiums on mortgage insurance

The Federal Housing Administration (FHA) announced on Wednesday, Jan 30th that premiums on most of the new mortgages it insures will be raised by 10 basis points, or 0.1%. The FHA is the largest insurer of low down payment mortgages … Continue reading

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