The Close

JULY 1, 2025

However, some will struggle with getting approved for a loan, which is something that could result in the transaction falling through for you as a real estate agent. That’s where FHA loans can save the day for everyone. This makes it possible for buyers who might not qualify for traditional loans to still secure financing.

FHA loan

HomeLight

MAY 14, 2025

Real estate attorneys are not considered essential for closing in the state of Vermont. Looking to sell a house as is” in Vermont? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes the goal is to skip repairs, get a fair offer, and move on. Sometimes, its a home that does not need a lot of work.

As-is

HomeLight

MAY 15, 2025

Real estate attorneys are considered essential for closing in the state of Massachusetts. Looking to sell a house as is in Plymouth? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes the goal is to skip repairs, get a fair offer, and move on. Older people want to get closer to their kids and grandkids.

As-is

HomeLight

JULY 29, 2025

Real estate attorneys are not considered essential for closing in Minnesota Real estate transfer taxes? Looking into selling a house “as is” in Minneapolis? Whether you’re dealing with a fixer-upper or an inherited property, your priority might be to avoid repairs, secure a fair offer, and move forward quickly. “As-is

As-is

The Mortgage Report

JULY 4, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? If we’re just comparing costs, HELOCs often win out.

Equity

HomeLight

JULY 23, 2025

Real estate attorneys are considered essential for closing in the state of South Carolina. Looking to sell a house “as is” in South Carolina? Whether you’ve got a fixer-upper or recently inherited a loved one’s home, sometimes you’d prefer to skip repairs, get a fair offer, and move on without hassle. Yes Is a real estate attorney required?

As-is

AAOA

APRIL 14, 2025

Understanding how these elements influence your upfront costs is crucial for smart investment planning. Government-backed loans might have lower requirements. FHA loans, for instance, may allow as little as 3.5-10% Lets look at some common loan types and programs to help you fund your purchase. Lets break it down.

FHA loan

The Mortgage Report

JULY 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Check your home equity loan options. Start here 3.

Equity

HomeLight

APRIL 2, 2025

Real estate attorneys are not essential for closing. Still, they are often hired by escrow agents and title companies to prepare closing documents due to Hawaiis history of land division and recording procedures and its implications on modern real estate practices. Looking to sell a house as is in Hawaii? I don’t think so.

As-is

HomeLight

MARCH 7, 2025

There’s the “as-is” where the seller knows they have a very marketable piece of property, and they just want a clean contract all the way through closing, says Ryan Hvizda , a top-selling real estate agent in New Hampshire and an expert in the single-family homes market. Looking to sell a house as is in New Hampshire?

As-is

HomeLight

MARCH 7, 2025

Looking to sell a house as is in Princeton? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes the goal is to skip repairs, get a fair offer, and move on. Its important to note that selling a house as is usually means accepting a lower offer, and it doesnt always prevent buyers from trying to negotiate savings.

As-is

The Mortgage Report

JUNE 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

FHA 203k rehab loan

Marco Santarelli

MARCH 4, 2025

It offers a stable, predictable monthly payment over the life of the loan. 15-Year Fixed: You'll pay it off faster and pay significantly less interest over the life of the loan. VA Loans: For eligible veterans, VA loans offer great benefits, including no down payment and often lower interest rates. mortgage rates.

Mortgages

The Close

NOVEMBER 25, 2024

However, it’s undeniable that the upfront costs can be pricey. Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. Looking for your next big investment? You’re on the right page! What Is Multifamily Property?

Purchase and sale agreement

HomeLight

MAY 8, 2025

Real estate attorneys are not considered essential for closing in the state of Maine Real estate transfer taxes? Real estate attorneys are not considered essential for closing in the state of Maine Real estate transfer taxes? Looking to sell a house ”as is” in Maine? Other times, somebody may have passed away.

As-is

Redfin

JUNE 27, 2025

Don’t skip critical steps like the home inspection or negotiating closing costs. Not getting pre-approved for a home loan before starting your search A common mistake for first-time homebuyers is jumping into the search without first getting pre-approved for a mortgage. For instance, on a $350,000 mortgage, a 3.5%

Pre-approval

The Mortgage Report

JULY 1, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Meanwhile, FHA loans comprised 15.3% last year.

Loans

Redfin

JULY 24, 2025

According to Redfin Real Estate, the minimum down payment for first-time homebuyers varies depending on the type of loan. Many loans offer down payments as low as 3% or even 0%. Here’s a quick breakdown: FHA loans, for example, typically require 3.5% VA and USDA loans may offer 0% down for eligible borrowers.

FHA loan

The Mortgage Report

JULY 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

FHA 203k rehab loan

The Mortgage Report

JUNE 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

FHA 203k rehab loan

The Mortgage Report

JULY 11, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

FHA 203k rehab loan

Marco Santarelli

DECEMBER 22, 2024

A robust economy can lead to higher interest rates, as lenders anticipate increased demand for loans. As of December 22, 2024, heres how the refinance rates compare to the previous week: Loan Type Rate (%) 1 Week Change (%) APR (%) 30-Year Fixed Refinance 6.71 -0.01 Higher credit scores typically lead to lower interest rates.

Mortgages

Redfin

JULY 23, 2025

The amount you’ll be required to put down may vary depending on the loan program you use to finance the home purchase. The amount you’ll be required to put down may vary depending on the loan program you use to finance the home purchase. Government-backed loans like USDA and VA allow down payments as low as 0%.

FHA loan

HomeLight

MARCH 12, 2025

Real estate attorneys are not considered essential for closing in the state of Nevada Real estate transfer taxes? Thinking about selling a house as is in Nevada? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes you just want to sell the home quickly, skipping the hassle of repairs and scheduling showings.

As-is

The Mortgage Report

JULY 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

Equity

Redfin

JUNE 13, 2025

Step 3: Research second-time homebuyer programs and loans Step 4: Work with an experienced agent Step 5: Make a strong offer as a second-time homebuyer Step 6: Plan your transition Second-time homebuyer FAQs Is it harder to buy a house the second time? In this article: Is it harder to buy a house the second time? In short, yes—and no.

Debt-to-income ratio

Redfin

JULY 30, 2025

Which loan is right for you? Conventional loans: You have a credit score of 620+, stable income, and can put at least 3% down. FHA loans: You have a credit score of 580+ (or 500+ with 10% down) and a higher DTI ratio. VA loans: You’re an eligible veteran, active-duty service member, or surviving spouse.

Loans

The Mortgage Report

JULY 8, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

Equity

Marco Santarelli

APRIL 30, 2025

However, they are also wary of inflation pressures, particularly due to global trade dynamics and tariffs that could drive up costs. However, one downside is that borrowers will typically pay more interest over the lifetime of the loan compared to shorter-term options. Do Mortgage Rates Go Down During an Economic Recession?

VA loan

Redfin

JUNE 27, 2025

Seller concessions refer to closing costs or other fees that the seller agrees to pay on the buyer’s behalf. Seller concessions are financial contributions made by the seller to reduce the buyer’s out-of-pocket expenses at closing. These costs can include lender fees, taxes, insurance, or even home warranties.

Seller concession

The Mortgage Report

JUNE 23, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

FHA 203k rehab loan

The Mortgage Report

JULY 7, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

Equity

Redfin

MARCH 4, 2025

Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans. If a buyer with a government-backed loan goes into foreclosure, the government will take control of the property. Buying a home comes with many decisions, and one option worth considering is purchasing a foreclosed property.

Pre-approval

Redfin

JULY 31, 2025

Look into first-time homebuyer benefits Many programs are designed to make homeownership more accessible for first-time buyers by reducing upfront costs, lowering monthly payments, and helping with mortgage qualification. State and local programs: Cities and states may offer down payment assistance, forgivable loans, or closing cost help.

Purchase and sale agreement

Redfin

JULY 31, 2025

Lean on trusted experts: A great real estate agent, lender, and the right loan choice are key. Skipping the home inspection or even small oversights can delay the closing date or have long-term consequences. Don’t max out your credit card debt Maxing out your credit cards is one of the biggest mistakes you can make before closing.

VA loan

The Mortgage Report

JUNE 16, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

FHA 203k rehab loan

Redfin

JANUARY 28, 2025

From evaluating the loan terms to understanding the hidden costs, assuming a mortgage isn’t a decision to take lightly. An assumable mortgage is a type of home loan that allows a buyer to take over, or “assume, the seller’s existing mortgage, including its interest rate, terms, and remaining balance.

Loans