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? These aren’t small fluctuations.

FHA 203k rehab loan

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? That structure makes a HELOC especially attractive for home renovations.

FHA 203k rehab loan

Marco Santarelli

MAY 14, 2025

Today's Mortgage Rates – May 14, 2025: Rates Jump by 8 Basis Points After Inflation Data Key Takeaways Current Average Rates : 30-Year Fixed Mortgage : 6.84% ( 8 basis points) 15-Year Fixed Mortgage : 6.06% ( 1 basis point) Texas VA Loan : 5.78% (15-Year Fixed) Refinance Rates : Generally higher than new mortgage rates.

Mortgages

The Mortgage Report

JUNE 13, 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? Verify your FHA loan eligibility. How Much Home Can I Afford?

FHA loan

AAOA

JANUARY 27, 2025

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Be aware of the down payment requirements and interest rates of conventional, commercial, FHA and VA loans, as they may vary depending on the size of the property.

Property Management

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

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?

Equity

Marco Santarelli

JUNE 17, 2025

Government Loans Government-backed loans are fantastic options, especially for first-time homebuyers or those with lower credit scores: FHA Loans : The 30-year fixed rate for FHA loans is currently 7.42% , a rise of 0.59% from last week. VA Loans : The 30-year fixed VA loan is at 6.52% , an increase of 0.11%.

Mortgages

Redfin

MARCH 4, 2025

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. Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans. Can you buy a foreclosure with an FHA loan?

Pre-approval

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. Government-backed loans : Low or no down payment loans that can be particularly beneficial for starter home buyers. FHA loans : Often feature lower down payment and credit score requirements.

Marketing

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

Redfin

JULY 31, 2025

These require a higher credit score and must fall within conforming loan limits. FHA Loan: Designed for buyers with lower credit scores. down, but includes mortgage insurance for the life of the loan. VA Loan: Available to eligible veterans, active-duty service members, and family members. These require just 3.5%

Purchase and sale agreement

Redfin

AUGUST 6, 2025

Live‑in flip: Purchase a home in need of updates, live in it while renovating, and sell at a profit. Easier to enter the housing market : House hacking gives you access to several low-down-payment loan types: FHA loans allow as little as 3.5% VA loans offer 0% down for eligible veterans.

VA loan

Norada Real Estate

JUNE 15, 2025

This equity can be used for renovations, education, or consolidating debt, which can ultimately create greater financial stability. Shortening Loan Term : For those who can afford higher payments, refinancing to a shorter mortgage term allows you to pay off your home faster and save on overall interest.

Mortgages

Redfin

JULY 31, 2025

Flipped homes: Properties bought with the intention to renovate and resell quickly for profit, not typically used as a residence by the owner. The distinction impacts your taxes, loan eligibility, and insurance costs. Secondary home: A property you use occasionally, like a vacation home.

Principal

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

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

The Close

MAY 20, 2025

Loan terms: 15-30 year fixed rate Time to funding: Within 60 days Minimum credit score: 620 Visit Pennymac Conventional commercial mortgage loans SBA 504 SBA 7(a) SBA microloans Business loans and lines of credit Commercial mortgage loan terms: Loan amount: $250,000-$5 million Interest rates: As low as 4.5%

Loans

Marco Santarelli

JUNE 17, 2025

Government Loans Government-backed loans are fantastic options, especially for first-time homebuyers or those with lower credit scores: FHA Loans : The 30-year fixed rate for FHA loans is currently 7.42% , a rise of 0.59% from last week. VA Loans : The 30-year fixed VA loan is at 6.52% , an increase of 0.11%.

Mortgages

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% Cash purchases still common Cash buyers accounted for 30.6%

VA loan

HomeLight

MARCH 3, 2025

Be aware of minimum property standards for certain loans When you place your home on the market, its hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan.

As-is

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. Earlier in my life, I was directed away from using a VA loan when I purchased my first home. REALITY: There is no limit.

Loans

Housing Wire

MARCH 22, 2023

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. The program is separate from the broader VA loan program that is available to all veterans.

VA loan

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans.

Mortgages

Real Trends

DECEMBER 14, 2022

For many homebuyers and housing industry professionals, there are lots of myths and misunderstandings about the VA loan and lending process. Vetted VA seeks to change that narrative. Learning the ropes of VA loans. Agents shouldn’t hesitate to ask questions and seek guidance in the world of VA loans.

VA loan

HomeLight

SEPTEMBER 20, 2024

If you’re on active duty, a military veteran, or the surviving spouse of someone who has served in the military, buying a home could be more affordable than you realize, thanks to the home loan offered by the Department of Veterans Affairs (VA). VA loan basics: How common are these types of mortgages?

VA loan

Housing Wire

JULY 29, 2024

Tool to drive new capital to the multifamily space Multifamily investing This tool would simplify multifamily investing to attract new players and/or make it easier for existing investors to acquire or renovate properties. For example, it could detect that a loan officer didn’t offer a VA loan to a qualified borrower so it would prompt that.

Loans

Point2Homes

MAY 21, 2021

The FHA also guarantees your loan through this program, allowing lenders to accept borrowers with lower credit scores. If you’re a current or former service member, you can benefit from the VA loans program, in which the U.S. VA loans are one of the few $0 down payment loan programs, along with USDA loans.

Loans

Housing Wire

AUGUST 2, 2022

The purchase price can’t exceed the Federal Housing Finance Agency ’s conforming loan limits, which top out at $970,800 for 2022. This won’t apply for homes that are being renovated — the department was not immediately available to explain the logic of that choice — manufactured homes, or condominiums.

Finance

The Mortgage Report

NOVEMBER 16, 2020

A VA renovation loan lets you buy a fixer-upper with an ultra low interest rate. But these loans are hard to find. Should you look for an alternative?

Renovation

Realty Biz

JULY 20, 2022

Their Section 502 Direct Loan Program generally has no down payment requirement to assist low and very low-income borrowers. This type of mortgage can be used, not only, to buy homes in rural areas, but also for renovations, new constructions, and relocating a house. Down Payment Assistance.

Loans

RIS Media

SEPTEMBER 18, 2020

Whether you’re renovating an old home or moving into a newly built home, anything can happen. Some loan companies, such as the Federal Housing Authority and the Department of Veterans Affairs actually require builders to purchase third-party warranties to protect buyers of newly built homes with FHA or VA loans.

VA loan

HomeLight

SEPTEMBER 21, 2020

Others will renovate and flip it to turn a profit. Market your transferable VA Loan Terms. Norton urges his sellers to offer the option of transferring their favorable VA loan terms within the property’s marketing plan. . Anyone can assume the VA loan, not just a military member. Selling for cash?

VA loan

Realtor.com

JANUARY 11, 2023

Since mortgage rates spiked in October to over 7% for a 30-year fixed-rate loan for the first time in 20 years, this could indeed determine if a first-time buyer can qualify for a home or not. Another benefit of working with a builder’s lender is that the lender is usually well-versed in FHA and VA loan options.

New Construction

HomeLight

JANUARY 30, 2024

Another true need would be, ‘I need cash to address something,’ whether it’s a renovation project or a large obligation like a medical bill or tax situation.” Homeowners can change their interest rate, loan term, or both without changing the loan amount. Such loans may let you skip the credit check or appraisal.

Mortgages

HomeLight

JANUARY 4, 2022

There’s a section on the appraisal report to note where a home has “needed repairs… renovations, or remodeling.”. Whether an appraiser makes adjustments based on your property’s older age depends on how well you’ve kept up with the home and if you’ve done any renovations. What can hurt an FHA or VA appraisal? Dated interior.

VA loan

Realty Biz

JANUARY 11, 2023

There are programs where you can put ZERO down if they are using a program like a VA loan or down payment assistance loan. However, some loans only require you to put down 6% on your first home. If you qualify for a USDA loan, you'll find their mortgage rates are usually as low as V.A. FHA 203(k) Renovation Loan.

FHA loan