Many first-time home buyers use FHA loans because of the significant benefits they provide. But there are some unique considerations you have to keep in mind, particularly when it comes to actually writing an offer. Here’s a quick introduction to FHA loans as well as some tips on how to submit a winning offer using one of these loans.
Tag: FHA Loans
What is a No Money Down Mortgage?
One of the biggest barriers to buying a home is the down payment. It can be especially hard for first time home buyers to save enough money for a large down payment. Thankfully, there may be another way. With a no money down mortgage, you can still achieve your dream of home ownership with little to no money down.
Tips on Refinancing Your Mortgage
When mortgage interest rates drop, homeowners who qualify for refinancing are often ready to jump at the opportunity to lower their interest rates and reduce their monthly mortgage payment. We can’t say we blame them either, since homeowners can potentially save hundreds of dollars monthly, and thousands of dollars over the lifetime of their home loan.
The key to refinancing your home loan is knowing all of the facts up front. Refinancing can be a tricky and confusing process. When you work with Homes for Heroes on your mortgage refinance, we give you all of the information you need to make the best decision for you and your family, and we see you through the refinancing process start to finish.