With housing prices at historic highs, many first-time homebuyers are considering Federal Housing Administration loans for their lower down payments and less-stringent credit requirements. Here’s what you need to know about qualifying for an FHA loan.
Do You Qualify for an FHA Loan?
Topics: Homeowners, Mortgages / Home Equity
Can You Buy a House with No Credit History?
At First Federal Bank, we understand that many first-time home buyers face an additional challenge of having non-existent credit history. It’s important to remember that while your credit score may be limited, it doesn’t mean you can’t be trusted to repay a loan. We offer alternative loan options with flexible credit requirements to help those...
Topics: Financial Education, Homeowners, Mortgages / Home Equity
The Impact of Inflation on Mortgage Rates
Topics: Mortgages / Home Equity
Your Tax Refund Can Help You Achieve Your Homebuying Goals
Your Tax Refund Can Help You Achieve Your Homebuying Goals
Topics: Mortgages / Home Equity
Why Buying a Home Is a Sound Decision
Topics: Mortgages / Home Equity
Is It Really Better To Rent Than To Own a Home Right Now?
Topics: Homeowners, Mortgages / Home Equity
What You Should Know About Rising Mortgage Rates
Topics: Homeowners, Mortgages / Home Equity
Tips for Buying a Home in Another State
Buying real estate far from your current residence can be tricky. Typically, you don’t have the luxury to get truly familiar with the new area — and without having a good picture of the surrounding neighborhoods, school districts, local laws, and so on, it can feel like you’re rolling the dice and setting yourself up for buyer’s remorse....
Topics: Homeowners, Mortgages / Home Equity
What You Should Know About Closing Costs
Topics: Mortgages / Home Equity