Why the FHA Home Loan is an Underrated Gem in Illinois for Both First-Time and Repeat Home Buyers When it comes to buying a home in Illinois, the Federal Housing Administration (FHA) loan often gets overlooked. This government-backed loan program, established during the Great Depression to stimulate homeownership, continues to provide an exceptional opportunity, especially…
Three Reasons You Should Use One “Buy a house,” they said. “It will be fun,” they said. But nobody quite prepared you for the information overload that comes along with securing a mortgage. Luckily, mortgage brokers exist to help make your life easier. A nationwide directory can help you find mortgage professionals near you to…
Commitment can be scary. But committing to buying a house can actually benefit you more in the long run. Although making such a serious, long-term financial decision can be somewhat terrifying at first glance—and rightfully so—there are many reasons you’ll thank yourself for buying versus renting. Here are a few. Buying a house is money…
According to the Housing Wire, The average U.S. mortgage rate for a 30-year fixed loan fell four basis point this week to 2.67%. What does this mean for you? Well, if you’re looking to lower your monthly mortgage payments or interest rates, then now may be a good time to refinance. But, what is refinancing,…
