With a conventional mortgage, you also have to buy private mortgage insurance (PMI), especially if you make a payment of less than 20 percent. For example, if you purchase a home for $400,000, you will have to make a down payment of $80,000 if you wish to avoid PMI. On the other hand, if you […]
How to Remove Mortgage Insurance? – EZ Fundings Home Loans Read More »
If you plan on buying or refinancing a home, your realtor may request that you obtain pre-approval for a loan before submitting an offer (click and read “The Power of a Pre-Approval for Home Loan“). However, it may be wise to consider conditional loan approval if your offers are consistently being rejected. Let’s explore what
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Are you planning to buy a home? Is it your first time? Then the chances are that you have many questions on your mind. It can be difficult to make an informed home buying decision for first-time home buyers with so many unanswered questions. But don’t worry, we have you covered. Hence, these are some
First-Time Home Buyer FAQS – EZ Fundings Home Loans Read More »
When you apply for an FHA loan or make a down payment of less than 20 percent on your conventional loan, you, the loan borrower, will have to provide mortgage insurance. Read on to learn about this in detail. Get your copy of the First-time Home Buyer Guide for FREE. Click here. Mortgage Insurance- What
What is Mortgage Insurance and Who Pays it? Read More »
The rule of thumb is to make a minimum of 20 percent of the purchase when making a down payment. However, that doesn’t mean you have to postpone the dream if you can’t afford it. In fact, a down payment assistance program is one of the best and most feasible ways to start your homeownership
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Though renting a home may sound feasible and cost-effective at first, it’s a better idea to buy a home than rent it, especially in the long run. Home buying offers a bunch of benefits to people. Read on to learn the top benefits of buying a home over renting, whether you’re about to tie the
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Are you thinking of applying for a home loan? Do you want to realize your homeownership goal as quickly as you can? Then the good news is that several loan types are available for various homebuyers. So, whether you are a first-time homebuyer or buying a second home, you can find a home loan that
Conventional Home Loans versus FHA Home Loans: Learn Which one is Right for You Read More »
California also known as the Golden State is one of the most expensive states to live in the US. Home prices are unbelievably high in cities like San Francisco, San Diego, and San Jose. Therefore, if you want to buy a bigger home for your family in the Golden State, and it costs more than
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The veteran’s family may be affected negatively after their demise in a military service casualty. It can be difficult for the surviving spouse to cope with the loss and provide for the family. The dream of homeownership may seem far-fetched. But don’t worry, the VA offers amazing benefits to the surviving military spouses, including the
VA-guanteed Mortgage for Surviving Spouse | Learn more | EZ Fundings Read More »
Get your copy of the First-time Home Buyer Guide for FREE. Click here. Whether you are a widow or a divorcee first-time home buyer, lenders of a home loan or mortgage can’t deny or reject your application because of your relationship status. However, the ugly truth is that your relationship status can hurt or help
Widow or a Divorcee First-Time Home buyer- EZ fundings Read More »
