On the income side, issues often emerge when the mortgage applicant is self-employed. The software is geared to W-2s — the wage-and-tax-statement from an employer — and might flag your file when you ...

Although mortgage delinquencies rose only 10 basis points in the fourth quarter of 2024 compared to one year ago, the ...

Homeownership is harder than ever to achieve. Fortunately, you can leverage your home equity to help your kids become homeowners by taking out a home equity loan.

FHA loan requirements are often more relaxed than the rules around conventional mortgage financing. Find FHA loan ...

Delinquencies on Federal Housing Administration loans, typically used by first-time home buyers, rose 74 basis points in 2024. A basis point is one-hundredth of a percentage point. Delinquencies on ...

MBA data shows that the spread between FHA and conventional delinquency rates reached 841 basis points, while the VA and ...

It's possible to receive gift funds that would cover your entire FHA down payment, but you must follow guidelines, especially ...

According to data compiled by John Burns, FHA and VA loans represented 34% of the market in 2024, up from less than 30% in ...

Before buying a home, you’ll need to know how much house you can afford. Your budget is determined by many factors, but the ...

Our picks for the 7 best mortgage refinance companies of 2025 include Rocket Mortgage and Navy Federal Credit Union.

Higher debt-to-income ratio (DTI): Typically, mortgage lenders approve you for an FHA loan with a 43% DTI ratio. Many conventional loans cap your DTI at 41%. However, both FHA and conventional ...

FHA loans let borrowers with credit scores ... monthly payment and loan amount depend on your credit history, creditworthiness, debt-to-income ratio and the desired loan term.