The Close

JUNE 9, 2025

Financing hurdles: FHA or VA loans have extra paperwork, income requirements, and reserve rules. You get all the perks of homeownership and a built-in cash flow to help pay down the loan faster. Pro Tip FHA loans allow you to buy up to a 4-unit property with just 3.5% Pro Tip Screen tenants carefully!

VA loan

The Mortgage Report

AUGUST 6, 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 home improvement loan options and rates.

Loans

Redfin

MARCH 4, 2025

From finding houses to tour and what financing options you have, theres a lot to learn about buying a home in foreclosure. Investors may see foreclosure purchases as an opportunity to renovate and resell for a profit, while homebuyers may find a house they wouldnt otherwise be able to afford.

Pre-approval

Redfin

JULY 31, 2025

Lower down payment options For multi-unit properties, it’s often possible to secure favorable owner-occupant financing, such as FHA loans, which require lower down payments compared to investment properties. Jacob purchases a duplex for $400,000, securing an FHA loan with a low down payment.

FHA loan

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? This can make budgeting easier.

Equity

The Mortgage Report

AUGUST 5, 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?

FHA 203k rehab loan

AAOA

FEBRUARY 17, 2025

Understand Financing Options Explore different financing methods such as conventional loans, FHA loans, or private financing. renovations, amenities) that can increase rental income. Utilize tools like Google Trends and real estate platforms to gather data.

Due diligence

Marco Santarelli

MAY 14, 2025

VA Loans : Offered to veterans and active-duty military personnel, these loans typically require no down payment and have favorable terms. FHA Loans : These are designed for lower-income borrowers with less-than-perfect credit. FHA loans have more lenient requirements but come with mortgage insurance premiums.

Mortgages

Marco Santarelli

JUNE 17, 2025

This rate shows no change from the previous week, indicating a period of stability in the housing finance market. These loans help low-to-moderate-income buyers secure a home with lower down payment requirements. Specific rates were not highlighted this week, but they often parallel FHA loan offerings.

Mortgages

Redfin

JULY 31, 2025

State and local programs: Cities and states may offer down payment assistance, forgivable loans, or closing cost help. Check with your state’s housing finance agency for options. A solid financial foundation is key before taking on a mortgage payment.” – Sophia Bera, finance blogger, Gen Y Planning 7. These require just 3.5%

Purchase and sale agreement

Redfin

APRIL 11, 2025

But with renovation costs on the rise, demand for move-in-ready homes is starting to outpace that of fixer-uppers. There are several financing options to choose from if youre ready to buy a starter homebut first and foremost, estimate how much house you can afford by using a home affordability calculator. Can I afford a starter home?

Marketing

The Close

MAY 20, 2025

An investment property loan is any type of financing you use to buy or refinance a property that generates income, like a rental property (single-family home or a multifamily property) or a commercial property. One of its most unique features is that they base loan terms off of your credit score and business history.

Loans

Norada Real Estate

JUNE 22, 2025

Loan Type : Choosing between conforming loans, FHA loans, VA loans, and others can impact interest rates as well. Summary: As we observe the trends in mortgage rates, June 22, 2025, stands as a pivotal date for those interested in home loans or refinancing options.

Mortgages

Marco Santarelli

JUNE 17, 2025

This rate shows no change from the previous week, indicating a period of stability in the housing finance market. These loans help low-to-moderate-income buyers secure a home with lower down payment requirements. Specific rates were not highlighted this week, but they often parallel FHA loan offerings.

Mortgages

The Mortgage Report

JUNE 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?

FHA 203k rehab loan

Housing Wire

FEBRUARY 25, 2025

That means house hunters dont necessarily need to break the bank for a huge down payment if it makes more financial sense to save some money for things like future home renovations or other investments. Department of Veterans Affairs (VA) loans made up 6.7% FHA loans were most common in Riverside, California (25.4%

VA loan

Marco Santarelli

JUNE 20, 2025

Reasons to Refinance (Even with Higher Rates) Even with rates above 7%, refinancing can still make sense for several reasons: Consolidate Debt: Refinance to take out cash and pay off high-interest debt like credit cards or personal loans. Home Improvements: Use the extra cash to fund renovations that increase your home's value.

Mortgages

HomeLight

MARCH 3, 2025

But if you do end up working with a financed buyer, be aware that different mortgage types (such as conventional loans or government-backed FHA, USDA, or VA loans) have different minimum property standards. If your house complies with FHA, then it complies with most other lenders requirements.

As-is

Redfin

JULY 1, 2025

Buyers get peace of mind, the home qualifies for traditional financing, and you can list at full market value. Identify your target buyer You’re probably not going to sell to a first-time homebuyer using an FHA loan. Investors, flippers, and people who don’t need financing. Buyers using renovation loans.

Sales

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs). Presented by: Auction.com.

FHA loan

Housing Wire

JUNE 21, 2022

Most financing to acquire a home in need of updating or repair is short-term and relatively expensive. Yes, there are some government programs that provide construction components on permanent loans, but they are not ideal for inexperienced home buyers. of all flipped homes in Q3 2021 went to FHA buyers.

Investor

Housing Wire

JANUARY 31, 2023

The right product mix When Finance of America Companies closed its forward mortgage origination unit in October, Steven Reich, a former COO at Finance of America Mortgage , and some branch managers wanted to stick together as a pack. It also underwrites conventional loans and works as a marketing tool for LOs. In-house is key.

Loans

Housing Wire

NOVEMBER 30, 2023

There are two versions: the standard, which includes structural repairs and requires an approved consultant, and the limited version, which is focused on minor renovation and repair and does not require a consultant. In high-cost areas, however, it can go up to $75,000.

Inspection

Housing Wire

JULY 14, 2022

The role of renovators. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes. A deeper dive into the data helps to explain this surprising result. I buy local. But what about the foreclosed properties that don’t end up in the hands of owner-occupants?

Renovation

Norada Real Estate

JUNE 22, 2022

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. ” But, if an investor does not have that much cash in hand, finance is required to meet the purchase price of an investment property. Financing Turnkey Rental Properties.

Finance

Point2Homes

MAY 21, 2021

Below, we’ll review first-time homebuyer loans and programs that will give you a better deal when you purchase a house. The Federal Housing Administration (FHA) operates a program to help people who may not have the best credit history. Renovation Loan Programs. Energy Efficient Mortgages. CHOICERenovation.

Loans

Realty Biz

AUGUST 30, 2021

203k FHA Loans Explained. When buying a fixer-upper, one of your primary considerations should be how you will finance the project. One of the better options is what’s known as an FHA 203k loan. You will only need to get one loan with this type of mortgage instead of getting two.

FHA 203k rehab loan

HomeLight

SEPTEMBER 30, 2020

In general, acquiring a loan for a short sale home is no different than getting a loan for a standard transaction. You can even get an FHA loan for a short sale , but be aware they have guidelines around this type of sale. It shows that you’ve already acquired solid financing from a lender. Rate locking.

Short sale

Realty Biz

JULY 20, 2022

The Federal Housing Administration regulates and backs the FHA Loans program. These government-insured loans allow home buyers low down payments of just 3.5%. Their Section 502 Direct Loan Program generally has no down payment requirement to assist low and very low-income borrowers. Down Payment Assistance.

Loans

HomeLight

AUGUST 31, 2021

If so, then the 203k loan may offer a way to finance your plans, but first, you’ll need to know both what this loan is and how to get a 203k loan. . It’s widely regarded as one of the best financing programs for people who want to buy, fix, and live in a home. What’s a 203(k) loan?

Loans

HomeLight

SEPTEMBER 30, 2020

You’re finally ready to purchase a home and after doing some research online, you think that exploring your options around how to buy a HUD Home might be a good fit for your lifestyle and finances. The mortgage insurance protects lenders in case the buyer defaults on the loan, allowing those lenders to serve more borrowers.

Earnest money deposit

Realty Biz

JANUARY 11, 2023

Anyone not purchasing property with cash requires financing. Banks might loan you the complete amount with 100% financing. However, the majority of mortgage loans require that you come up with a down payment for your property. You would finance the other 80%. down with an FHA loan. Loan Amounts.

FHA loan

Realtor.com

NOVEMBER 28, 2022

While there are a variety of mortgages aimed at helping homebuyers afford a home—such as FHA loans and VA loans —one type that’s often overlooked are USDA loans, which offer excellent terms to those who qualify, including a 0% down payment and low interest rates. Repair/renovation loans and grants.

Loans

HomeLight

DECEMBER 30, 2021

Because lenders carry less risk, these types of loans are a popular offer for first-time buyers who may not have a large down payment or a strong enough credit score to qualify for a conventional loan. Your adjusted household income can’t exceed 115% of the area’s median income for a USDA home loan. What are conventional loans?

Loans

HomeLight

NOVEMBER 29, 2021

Research and strategy are involved when deciding on a figure for a down payment, which will depend on your savings and how much you’re willing (and able) to finance. Conforming loans can be bought by the government-sponsored enterprises (GSEs) Freddie Mac and Fannie Mae, and therefore have to meet their loan standards.

Earnest money deposit

HomeLight

JUNE 28, 2021

From bidding to buying to financing to special incentives — we’re talking all things HUD homes to help you decide if this property type fits your financials and lifestyle. FHA loans are geared toward individuals in need of lower down payments, or those who may not qualify for conventional loans due to lower credit scores.

Pre-approval

AAOA

MARCH 3, 2025

Pros:Easier to finance, high demand in suburban areas, and straightforward management. Pros:Lower living expenses, strong rental income, and FHA loan options withlow down payments. Fix and Flip Ahigh-risk, high-rewardstrategy that involves buying distressed properties, renovating them, and selling for a profit.

Commercial