How Long Does Home Loan Approval Take​?

The duration of home loan approval varies based on several factors, including the type of loan, the lender’s processes, and the borrower’s financial profile. On average, the mortgage process—from application to closing—takes about 30 to 45 days.  Getting approved for home loan can be very quick. It could take a few hours, a few days… Read More »

Can I Change a Loan on a House Last Minute​?

Changing the terms of a mortgage loan at the last minute, or switching lenders just before closing, is a complex process that can introduce significant challenges and potential delays. While it is possible to modify home loan terms or switch mortgage lenders before closing, doing so requires careful consideration of the implications, including potential delays,… Read More »

Credit Score Needed for Conventional Loan​

Securing an affordable mortgage is a pivotal step toward homeownership, and understanding the credit score requirements for conventional loans is essential for prospective borrowers. A conventional loan, not insured by any government agency, typically requires a higher credit score compared to government home loans. Understanding Credit Score Requirements for Conventional Loans This article considers the… Read More »

Credit Score to Qualify for VA Home Loan​

The dream of homeownership is a significant milestone for many, and for veterans and active-duty service members, the VA loan program offers a pathway to achieve this goal. Many active military members and veterans ask us: What credit score is necessary to qualify for a VA home loan? What Credit Score Do I Need to… Read More »

Can You Buy a Bank-Owned Home with an FHA Loan​?

Purchasing a bank-owned home, also known as a Real Estate Owned (REO) property, can be an attractive option for homebuyers seeking potentially lower prices. An FHA loan, insured by the Federal Housing Administration, offers a pathway to finance such purchases, especially for those with limited down payments or less-than-perfect credit. This article explores the feasibility… Read More »

Home Loans for Nurses

Homeownership is a significant milestone, and for nurses, there are specialized loan programs designed to facilitate this journey. These nurse home loan programs offer favorable terms, reduced costs, and tailored benefits to accommodate the unique financial situations of healthcare professionals. Best Home Loans for Nurses This article explores the  best home loans for nurses, highlighting… Read More »

FHA Home Loan Requirements

Do you want to use FHA loans to buy your next home? If so, you probably have a lot of questions about FHA home loan requirements and the financing process and what you need to do to be approved in 2025. It is important for perspective house buyers to know what the qualifications are to… Read More »

Home to Buy a Home with Bad Credit Financing

Buying a home with bad credit is not always easy as most mortgage lenders create home financing programs based on borrowers with established credit histories. Learn how to buy a home with bad credit and low scores from the lending professionals online. All signs point towards 2024 being a unique opportunity for consumers to buy… Read More »

No Tax Return Mortgage for Self Employed with Decent Credit?

fha refinance rate

There are more than 14 million self-employed mortgage borrowers in the US, and fortunately for them, it is getting easier to get a no-tax return home loan. Many borrowers are asking about no tax return mortgage loans and stated income financing. Generally, guidelines in the last few years are getting easier for getting a home… Read More »

No Doc Loans to Buy a Home with No Verification

best-no-doc-home-loans

Buying a home with a no doc loan with no income verification from the best no doc mortgage lenders can be challenging. Learn how to buy a house with a no doc mortgage from trusted non QM lenders. The housing market was hot in the early and mid-2000’s, as most of us remember. That was… Read More »