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How Does a HELOC Loan Work?
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Learn More How to Qualify for a Self-Employed Mortgage Loan
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Lower FHA Mortgage Insurance Premiums
Homebuyers can expect greater savings when pursuing loans backed by the Federal Housing Administration (FHA): The Biden-Harris Administration has taken action to lower the monthly mortgage insurance premiums (MIPs) for these loans by 30 basis points across the board. Lower FHA mortgage insurance premiums mean savings for new homebuyers. If you’re thinking about buying a home, here’s how this program can save you money.
Learn More Curb Appeal: Low Maintenance Improvements
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Learn More Underwriting Process: How Long Does It Take?
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Learn More The Ultimate Moving Checklist
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Fannie Mae’s 5% Down Payment for Multi-Family Homes
Sometimes, really big news doesn’t sound very exciting. This is one of those times. Fannie Mae (more about them in a minute) has lowered their required down payment(https://crosscountrymortgage.com/resources/down-payment> for owner-occupied, multi-family (2-4 unit) properties from 15%-25% to 5%. This means you can buy a property with 5% down, live in one unit, and rent out the other 1-3 units.
Learn More NAHREP Hispanic Homeownership Report 2022
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Learn More NAHREP State of Hispanic Wealth Report 2023
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