High Balance FHA Loans Explained

High Balance FHA Loans Explained

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High balance FHA loans are extremely popular with first time home buyers. There are two basic reasons for this. The first being the low down payment required of just 3.5% of the sales price. The second is somewhat relaxed credit guidelines for FHA loans. Easier qualifying and lower down payment make it a magnet for first timers. FHA loans can be used to finance a primary residence but cannot be used to finance a rental […] Read more »

5 Questions All First Time Buyers Need to Ask

5 Questions First Time Buyers Need to Ask

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We can all think back to when we bought our first home. It was a major move and things seemed to move so quickly. Even for those who are buying their “forever” home, there’s still many things to consider. Experience is the ultimate teacher but there are some things that first time buyers can ask to help them ease into the process with confidence. Here are five key questions first timers need answered. 5 Questions […] Read more »