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
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- Refunds Ready on FHA Loans
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- Streamline Refinancing for FHA Mortgages
- FHA Mortgage Insurance Costs
- HUD Reverse Mortgage Program
- FHA Eligibility with Bankruptcy and Foreclosure
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- 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
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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.
MORE MORTGAGE ARTICLES
3 Warning Signs of Loan Modification Scams
Loan modification has become very popular in recent years with mortgage lenders. It has been used in a variety of different ways to change the existing terms of mortgages that they hold. While sometimes loan modification can be to your advantage, many times it is not. There are many loan modification scams out there that you should be aware of. Here are a few warning signs to watch out for with loan modification. more
Short Selling a Rental Property
If you intend to sell a rental property, you will need to understand how the short selling works, what it means for your mortgage and how it affects your taxes. more
- Second Mortgages: Advantages and Disadvantages
- FHA Loans for a First-Time Home Buyer
- Alternatives to Getting a 2nd Mortgage
- What To Do When Mortgages Default
- Should You Refinance? Make Sure the Timing is Right
- FHA Eligibility with Bankruptcy and Foreclosure
- Home Equity Loans for People with Bad Credit
- How to Get Approved for an FHA Loan despite Bad Credit
- Appraisal Basics
- 3 Factors that Can Negatively Affect Your Mortgage Application
- What Lenders Don't Reveal About Home Equity Loans
- Low Down Payment Loan Qualification
- 3 Common Short Sale Mistakes
- 3 Reasons Banks Reject Short Sales
The Mortgage101 Blog
Mortgage Interest Rates Hit New Record Low
Interest rates on long-term mortgage loans fell to a new all-time record low this week, according to mortgage finance company Freddie Mac, as investors responded to troubling economic news. The average rate on a 30-year fixed rate loan, excluding points, dropped to 3.87 percent, the lowest rate on record in Freddie Mac’s 40-plus year mortgage survey.... more