When hunting for a mortgage, you'll likely encounter two primary types of loans: conforming and non-conforming. Comprehending the variations between these two can greatly impact your mortgage possibilities. Conforming loans conform with guidelines set by Fannie Mae and Freddie Mac, making them more readily available. Alternatively, non-conformin… Read More

When life happen, submitting your Federal Housing Administration mortgage installment late can be the stressful event. The Federal Housing Administration establishes specific rules and standards concerning dealing with missed installments. Generally, one delayed payment won't immediately trigger repossession, but it’s important to be aware of th… Read More