When hunting for a mortgage, you'll likely run into two primary categories of loans: conforming and non-conforming. Comprehending the variations between these two can greatly impact your loan options. Conforming loans comply to guidelines set by Fannie Mae and Freddie Mac, offering them more readily available. Conversely, non-conforming loans fa… Read More

When circumstances happen, making an the FHA mortgage installment late can be the worrying situation. The the FHA has clear guidelines and expectations regarding addressing late due dates. Generally, the late due date won't immediately trigger repossession, but it’s essential to understand the possible consequences and start corrective action. R… Read More