Exclusive QA

They are the same as conforming and non-conforming loans. A conventional, or conforming, loan is one not insured by the...

Conforming loans have terms and conditions that adhere to guidelines established by Fannie Mae and Freddie Mac, the two, big...

That certainly is an option, although not one most people can afford. Unless you're independently wealthy or have hit the...

Such loans are offered by government agencies and private lenders, including nonprofit groups and employers. In fact, there are government...

Builders will typically offer no-down payment loans to sell properties in a slow-moving development or a depressed market. Desperate sellers...

It protects them should you default on the loan, especially if you fail to make payments in the early years...

When you apply for a loan, long, steady employment is always seen as a plus, as is a large down...

Much like a stockbroker helps you buy stocks, a mortgage broker can help you purchase a home loan. Because the...

You can get a home loan from several different sources—a credit union, commercial bank, mortgage company, finance company, government agency,...

A lot will depend on the length of time you plan to live in the home, other financial obligations, and...