There is a lot of talk these days about refinancing home loans. If you’ve watched TV or listened to the radio at all lately, you’ve probably heard commercials regarding mortgage refinancing. However, if you have a USDA loan, you may think that this option doesn’t apply to you. In reality, that is not the case. […]
The government offers a number of different loan assistance programs. However, there is one program that is less-known than others—the USDA Home Loan. The loan program was developed as part of the USDA’s rural development program. The goal of the program is to “improve the economy and quality of life in rural America.” The most […]
The FHA (Federal Housing Administration) issues home loans that are backed by the government. For many borrowers, these are an excellent choice since they have lower interest rates and qualification is a possibility even for those with less-than-perfect credit. As a potential homeowner, you may be interested in the process so you can discover if […]
A USDA (United States Department of Agriculture) loan is a great option for many potential homebuyers. The reason for this is that there is no down payment required, so buyers all around Louisville, KY can purchase a home even if they don’t have savings. However, for first-time homebuyers, especially, the qualification process can be a […]
So, you are thinking about making the leap—you want to buy a home. You probably know that there are several options for home loans available today. While many people choose a “conventional loan,” perhaps your needs are anything but conventional. How do you decide if a conventional, USDA, FHA or other loan is right for […]
With all of the lending options available today, it is understandable that every borrower may not understand each and every type of loan. However, if you are located in any rural area around Louisville, Kentucky, one loan you should learn more about is the USDA loan. It could be a great way for you to […]
One of the biggest stories in finance today is the “student loan crisis” and it’s affecting people in Louisville, Kentucky. In fact, one of the few issues that nearly everyone, regardless of political affiliation, agrees upon is that something needs to change. We don’t know yet whether this change will be coming in the form […]
So, you have got plenty of money and couldn’t use a few extra thousand for any reason—right? Chances are, that is not the case. If you are like most people, you could certainly benefit from additional funds. Refinancing your home for a “cash out” option could be the solution you need to help you solve […]
As a first time homebuyer in Louisville, Kentucky, you have many things on your mind. It is important to relax and realize that some of the things you may feel are most stressful are not that big of a deal. One of those potential stressors is the idea of paying closing costs. When you’ve already […]
Is there a best time of the year to refinance your mortgage? That’s a question that only you will know the answer to—after all, everyone’s needs are slightly different. However, for many, spring is a premier time to pull the trigger on mortgage refinancing. Why? Consider these three reasons. You’ll have the Best Opportunity to […]
