Remove Closing costs Remove Debt-to-income ratio Remove New Construction Remove Title
article thumbnail

Buying New Construction for the First Time? Here Are the Dos and Don’ts You’ll Need to Know Before Jumping In

HomeLight

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

article thumbnail

A Guide to USDA Loans: A 0% Down Payment, Low-Interest Mortgage More Homebuyers Should Consider Now

Realtor.com

They can be used to purchase townhouses as well as single-family homes, fund new construction , or renovate an existing home. Lower closing costs and other fees: Another major savings opportunity are low origination fees if working with a USDA-approved lender. What are the costs associated with a USDA loan?

Loans 95