What Are Typical Mortgage Down Payments?
Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. more
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FHA Loans
- Down Payment Gifts for FHA Loans
- FHA Property Improvement Loan Insurance (Title I)
- Refunds Ready on FHA Loans
- FHA Single Family Mortgage Insurance Program
- Streamline Refinancing for FHA Mortgages
- FHA Mortgage Insurance Costs
- HUD Reverse Mortgage Program
- FHA Eligibility with Bankruptcy and Foreclosure
- FHA Single Family Rehab Mortgage Program
- FHA Single Family Adjustable Rate Mortgages
- FHA Energy Efficient Mortgages
- What Are Closing Costs?
- FHA Single Family Mortgage Insurance for Outlying Areas
- A List of FHA Loan Programs
- FHA and VA Loan Comparison
- Subprime Home Loans Explained
- What Happens When FHA Reverse Mortgages End
- What is an FHA Loan?
- Conventional vs. FHA Loans: Benefits and Drawbacks
- 3 Ways to Ensure FHA Loan Approval
- How to Get Approved for an FHA Loan despite Bad Credit
- Basic Types of FHA Refinance Loans
- FHA Loans for a First-Time Home Buyer
- Applying for FHA Loans: Documents You Will Need
- Do You Meet FHA Loan Qualifications?
- How to Determine Your Qualified FHA Loan Amount
- How Title 1 FHA Home Improvement Loans Work
- Basic FHA Loan Guidelines for Refinancing Mortgages
- FHA Energy Efficient Mortgage
- 4 Ways to Apply for FHA Loan Benefits
- What Is a FHA Cash-Out Mortgage Refinance?
- FHA Jumbo Loans
- The FHA 203k Streamline Loan: Rehab Program Overview
- What Is an FHA 2-1 Buydown?
- FHA Hope for Homeowners (H4H): Determining Eligibility
- FHA Hope for Homeowners (H4H): Documentation Requirements
- Teacher Next Door Program: Purchase Homes for Half Price
- What Is the FHA Hope for Homeowners (H4H) Program?
- FHA Officer Next Door (OND) Program: Homes for Law Enforcement
- FHA Kiddie Condo Loans: First Homes for Young Adults
- FHA 203k Rehab Loan Program Guidelines and Requirements
Loan Programs
- Choosing the Best Loan Program
- The Risks and Rewards of No-Doc Mortgage Loans
- London InterBank Offered Rate (LIBOR)
- Real Estate Settlement Procedures Act
- Balloon Mortgages
- Fixed Rate Mortgages
- Adjustable Rate Mortgages (ARMs)
- Choosing a Loan Program
- Standard ARMS and the Differences
- Reverse Mortgage v. Home Equity Loan: Key Differences
- Interest Rate Buy Downs
- Graduated Payment Mortgage (GPM)
- Information on Loan Programs
- Subprime Loans
- 100% LTV Home Equity Loan Advantages and Risks
- 3 Drawbacks of Assumable Loans
- Introductory Rate ARM's
- Learn About Using Calculators
- How to Get a Construction Loan Interest-Only
- Cost of Funds Index (COFI)
- How to Assess a Mortgage Broker
- Why are Lenders So Slow in Loan Modification?
- Who Gives No Income Verification Mortgage Loans?
- A List of Loan Options for Your Small Business
- 30 Year Home Equity Loans: Benefits and Drawbacks
- 3 Reasons to Get a Home Improvement Loan
- 3 Home Equity Debt Consolidation Loan Alternatives
- 3 Warning Signs of Loan Modification Scams
- Home Equity Debt Consolidation Loan Requirements
- FHA 203k Rehab Loan: Advantages and Disadvantages
- How a Stated Income Loan Works
- How a Hybrid Loan Works
- 3 Tips for Negotiating Subprime Loan Rates
- How to Get Approved for Home Improvement Loans
- How 80/20 Loans Work
- Bad Credit Equity Loans: The Good and Bad Sides
- Apply for Home Equity Loan Consolidation
- What Lenders Don't Reveal About Home Equity Loans
- Home Equity Loans for People with Bad Credit
- 3 Reasons to Avoid Carryback Loans
- 3 Options for Home Loan Debt Consolidation
- Reasons to Avoid a No Equity Home Improvement Loan
- Mortgage Loans for Teachers: Are They Different?
- Hard Equity Loans: A Homeowner's Last Resort
- Pros and Cons of Stated Income Loans
- Options to Consider During Pre-Foreclosure Period
- 3 Reasons to be Wary of Blind Loan Modification
- Common Pitfalls of a 125% Home Equity Loan
- 2 Reasons to Avoid a No-Equity Loan
- How Assumable Loans Work
- Financial Strategy: Pay Your Mortgage Off Early
- Home Owner Debt Consolidation Loan Types
- 2nd Home Equity Loan Alternatives
- Bridge Loans: Are the Risks Worth the Rewards?
- The Current State Of 80/20 Loans In America
- Basic Investment Home Loan Requirements
- Selecting a Construction Loan Lender: 3 Tips
- Basic Construction Loan Types
- Fully vs. Partially Amortizing Loans
- Loan Amortization Defined
- A Guide to 80/20 Loans
- How an Unsecured Home Improvement Loan Works
- Secured Home Improvement Loan Terms Explained
- Benefits of a Secured Home Improvement Loan
- Can You Qualify for a Home Improvement Loan with No Equity?
- Pros and Cons of Owner-Builder Construction Loans
- Get a Home Improvement Loan with a Mortgage
- Mortgages: The 7/1 ARM
- Low Interest Home Improvement Loan - What's the Catch?
- Temporary Buydown: 3-2-1 vs 2-1 Comparison
- How to Qualify for Owner-Builder Construction Loans
- Four Ways to Pay Option ARM Loans
- 3 Common Uses for a (Home Equity Line of Credit) HELOC
- How to Calculate an Amortizing Loan Schedule
- 3 Reasons to Consolidate Credit Card Debt with a Home Equity Loan
- 5 Mortgage Costs to Beware Of
- How the Monthly Payment on an ARM Is Determined
- 3 Tips for Obtaining a Good Commercial Loan Deal
- 4 Ways to Avoid Filing Bankruptcy
- Underwriting Guidelines for a No-Ratio Loan
- Commercial Bank Lending: 4 Tips for Getting Approved
- What Is Bankruptcy Discharge?
- How Commercial Loan Processing Works
- How a 100% Home Equity Loan Works
- When Does the Discharge in Bankruptcy Occur?
- How to Get Commercial Loans with Bad Credit
- Chapter 7 Bankruptcy: What to Expect during Credit Counseling
- Guide to Commercial Loan Modification
- What Is a Commercial Loan?
- Benefits of Assumable Mortgages for Buyers and Sellers
- What Is an Assumable Mortgage?
- Getting Credit after Bankruptcy
- Effect on Your Auto Loan if the Cosigner Files Bankruptcy
- Declaring Financial Hardship on Your Loan to Prevent Bankruptcy
- 3 Tips and Warnings about a Commercial Loan Refinance
- 5 Things Commercial Loan Lenders Look For
- Find Your Next Commercial Mortgage Loan Online
- 3 Tips for Auto Loan Approval After Bankruptcy
- 3 Mistakes to Avoid on a Commercial Loan
- 3 Top Commercial Mortgage Broker Traits to Look For
- Comparing a Balloon Mortgage to an ARM
- How to Apply for a Fast, Secure Commercial Mortgage Loan
- Where to Get a Commercial Loan
- Debt Settlement vs Bankruptcy: Comparing Your Options
- Are All Debts Discharged in Bankruptcy?
- 3 Benefits of a SBA 504 Loan
- What Are Prepayment Penalties?
- Guide to Filing for Chapter 13 Bankruptcy
- Car Loans after Bankruptcy: 4 Tips to Getting Approved
- 3 Commercial Loan Application Mistakes to Avoid
- How to Find the Best Commercial Loan Broker
- Bankruptcy and Student Loans
- Why Creditors Prefer Debt Settlement over Bankruptcy
- Guide to Filing for Chapter 7 Bankruptcy
- 4 Steps to Starting a Chapter 13 Bankruptcy
- How to Get a Business Loan after Bankruptcy
- What Is a Mortgage Buydown?
- Getting a Commercial Building Loan through a Private Lender
- Obtaining Low Commercial Loan Interest Rates
- What's the Best Credit Card After Bankruptcy?
- SBA 504 Loans: Commercial Property Financing
- What Is a Portfolio Loan?
- How to Get a Credit Card after Bankruptcy
- Chapter 7 Bankruptcy Filing Qualifications
- Guide to Personal Bankruptcy
- Guide to Getting a Mortgage Loan after Bankruptcy Discharge
- 4 Methods of Rebuilding Credit
- What Happens to Your Spouse's Credit when You File Bankruptcy?
- Discharging Tax Debts in Bankruptcy
- 5 Strategies to Regain Control of Your Credit
- Chapter 13 Bankruptcy Filing Qualifications
- Types of Credit
- Can Creditors Object to a Bankruptcy Discharge?
- Eight Steps to Starting a Chapter 7 Bankruptcy
- Credit Reports: Your Amount of Debt
- Disputing Significant Errors to Improve Your Credit Score
- Bankruptcy Dismissal and Your Options
- How Much Does It Cost to File Bankruptcy?
- 4 Side Effects of Bad Credit
- How to Get Your Credit Report for Free
- Retirement Savings and Bankruptcy
- How to File Bankruptcy Yourself and Save Money
- Filing Bankruptcy More than Once
- Credit Questions and Answers
- Getting a Student Loan after Bankruptcy
- How to Rebuild Credit after Foreclosure
- 5 Ways to Build Credit without Credit Cards
- Joint Mortgages and Bankruptcy
- Can You Have Too Much Credit?
- How to Read a Credit Report
- 3 Tips to Boost Your Credit Score
- How to Protect Your Credit in a Slow Economy
- Credit Reports: Your Payment History
- Your Car Loan after Bankruptcy
- Bankruptcy: Assets You're Allowed to Keep
- 3 Credit Myths
- How to Get out of Debt Fast
- 5 Smart Credit Moves
- Guide to Professional Credit Repair
- No Credit History? Establishing Good Credit
- Your Credit: Who's Keeping Score?
- 4 Things You Can Do Today to Improve Your Credit
- What Is Considered a Good Credit Score?
- Top 4 Credit Mistakes
- Why You Should Never Cosign a Loan
- 4 Quick Fixes for Your Credit Score
- What Happens to Child Support Debt in Bankruptcy?
- DIY Bankruptcy: Good or Bad Idea?
- 5 Ways to Kill Your Credit Scores
- How to Use Rapid Rescore to Increase Your Credit Score
- How to Refinance Your Car Loan after Chapter 13 Bankruptcy
- Mortgages: The 3/1 ARM
- 5/1 ARM Mortgages
- The Good, the Bad and the Ugly of a Pay-Option ARM
VA Loans
- Bad Credit Stipulations for VA Home Loans
- Obtaining a VA Loan
- 5 Steps to a VA Loan
- VA Loan Purposes
- VA Loan Costs
- VA Loan Questions and Answers
- Financing Benefits
- VA Office Locations
- Restoration of VA Loan Entitlement
- Who is Eligible for a VA Loan?
- VA Loan Eligibility
- VA Loan Program Requirements
- How to Get Approved for a VA Loan despite Bad Credit
- Three Tips for Avoiding VA Loan Foreclosure
- Getting a VA Loan with a Bankruptcy
- VA Loans: What Is the DD214?
- VA Loan Eligibility for Surviving Spouses
- What Is a VA Loan?
- 2 Tips for VA Loans
- What Does the VA Use to Approve a VA Mortgage Loan?
- How to Have Minimal to No VA Closing Costs
- What to Know Before Shopping for a VA Home Loan
- Guide to VA Appraisals
- VA Loan Assumption: 3 Things You Should Know
- What Is a Joint VA Loan?
- VA Loan Fees You Might Not Be Aware Of
- How to Qualify for a VA Streamline Refinance Mortgage
- Proof of Service Requirements for VA Home Loans
- 4 Benefits of a VA Streamline Refinance Mortgage
- VA Loans and Custom Homes
- How to Get Your VA Loan Eligibility Restored
- VA Loans for National Guard and Reserve Members
- VA Loans: Occupancy Rules
- VA Loan Application: Your Credit Report
- Difference between a VA Guaranty and a VA Loan
- VA Funding Fee
- 5 Types of VA Loan Repayment Plans
- Applying for a VA Streamline Refinance Loan After Marriage or Divorce
- VA Loan FAQ
- VA Loan Credit Issues Discussed
- How to Avoid Becoming Delinquent on VA Mortgage Payments
- What Is a VA Manufactured Home Loan?
- Eligible VA Loan Purchases
- VA Mortgage Checklist
- What Happens When a VA Property is Repossessed and Resold?
- VA Energy Efficient Mortgage
Learn More About...
Mortgages
In addition to mortgage loans for home purchases, there are also other loans available for various purposes that use the home for collateral.
Rates
Mortgage interest rates are determined by credit history strength, the number of points you pay, the size of your down payment and the type of loan program you choose.
Home Buying
Obtaining funding is crucial to buying a home. This requires applying for a mortgage, choosing a house that meets the appraisal standards, and determining the amount of the down payment.
Loans
There are dozens of different types of mortgage loan programs. They have been created to suit the varying needs of homebuyers.
Moving
When making a big move, it's essential to find out as much as possible about the schools, the neighborhoods, the housing costs and the community resources.
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FHA (Federal Housing Administration) loans are very flexible, and you may qualify for an FHA loan with bad credit. more
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- Appraisal Basics
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- FHA Eligibility with Bankruptcy and Foreclosure
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The Mortgage101 Blog
U.S. Homes Selling in Record Time
Home prices rose in April, sales increased and inventory expanded. And it all happened at breakneck speed, according to a report from real estate brokerage Redfin, with homes selling at the fastest pace on record. In April, 35.2 percent of all houses going under contract within 14 days of their initial listing. That’s up from 34.5 percent... more