Summary: If you are applying for an FHA loan to buy a house, your debt-to-income ratio will be assessed. According to data, the average DTI has been increasing among borrowers. This article will explain more. FHA loans are attractive loan…
Summary: Lately, millennials in Washington State and across the country have been choosing conventional home loans more than FHA-insured mortgage loans. This article will explain why. A recent industry report showed that the majority of all closed loans by millennial…
Summary: Borrowers want to be able to secure a lower interest rate on their mortgage to save money over the life of their loans. But what's lower right now: rates for FHA loans or conventional loans? Borrowers who use FHA…
Summary: It can be tough to come up with a sizable down payment for a home in Oregon, especially when considering the cost of buying real estate. In this article, we'll explain how an Oregon FHA loan could lower your…
Summary: Home buyers in Washington State tend to have a lot of questions about the FHA loan program. In this article, we'll answer some of the more commonly-asked ones to help you make a more informed decision about which mortgage…