What are the types of home loan programs?

Answer A number of different mortgage programs are available for borrower. They can have fixed or variable interest rates and range in term from 10 to 40 years. The most popular options are conventional a... Read More »

Top Q&A For: What are the types of home loan programs

Why is it harder for me as a citizen to get a home loan, but the hispanics and latinos have a ton of programs?

Thank you for asking this question. I believe that it can be very beneficial to have open-minded discussions about real subjects like this one. I also believe by communicating with others in our ... Read More »

Can You Get a Home Equity Loan If You Have a USDA Home Loan?

The United States Department of Agriculture (USDA) has a Rural Development arm offering direct and guaranteed home loans. In each scenario, the USDA offers to assist homeowners with the expense of ... Read More »

Is a home equity loan considered a second home loan?

A home equity loan is a secondary mortgage against the equity in your home. The terms of the loan, such as the interest rate and the length of the loan, are normally different from your primary hom... Read More »

If I Had a Foreclosure on a VA Loan 30 Years Ago That Wasn't Restored, Can I Get a Home Loan Now?

A VA home loan is a mortgage insured by the Department of Veteran's Affairs (VA). Guidelines for VA loans are altered on a continual basis for general qualifying purposes; however, the guidelines i... Read More »