Can you rent your house if you have a reverse mortgage? Many homeowners might ask this question, especially as they age and consider different ways to manage their finances. This type of loan allows people who are 62 or older to borrow against the value of their home,...
Buying a home in Eugene, Oregon, takes creativity, as houses are expensive and in short supply. An FHA construction loan makes creating a home an achievable dream. Keep reading to find out how these particular types of home loans can lead you to homeownership. FHA...
Renovation loans are an excellent option for those who want to upgrade and beautify their homes but lack the initial cash to begin a renovation. A renovation loan is a type of loan that provides financing for homeowners looking to renovate their homes. It’s...
Building your dream home can be an exciting and overwhelming process, especially when it comes to financing it. Traditional home loans may not cover the expenses of constructing a customized house, so what are your options? This is where a construction-to-permanent...
Stick built homes and modular homes both offer buyers an opportunity to secure a piece of the American dream through home ownership. Here’s everything to know about financing a stick built home or a modular home. What is a Stick Built Home? A stick built home is any...
If you’re planning to build a new home, you have multiple options for financing the land and the home’s construction. Suppose you’re ready to purchase a lot or land but are not prepared to begin construction. In that case, a bank or credit union may be a terrific...