Fannie Mae’s 2026 departing-residence update changes how rental income may be documented when you keep your current home as a rental and buy another primary residence.
A financed down payment program may help qualified buyers purchase with little or no down payment. Learn the payment tradeoffs and who it may fit.
Mortgage approval is about more than a credit score. Learn how income, debt, credit, and down payment work together when buying a home.
An FHA loan may still be possible after a lengthy job gap. Learn the six-month return-to-work rule, the two-year work history requirement, and how timing affects a purchase or refinance.
If you’ve been thinking about buying a home with an FHA loan, you may have heard some chatter throughout the mortgage industry about another possible reduction in FHA mortgage insurance premiums (MIP). Before we go any further, it’s important to separate fact from speculation. As of today, the Federal Housing Administration (FHA) has not announced…
One of the biggest challenges facing today’s housing market isn’t necessarily home prices—it’s something many economists refer to as the mortgage lock-in effect. Millions of homeowners purchased or refinanced homes between 2020 and 2022 when mortgage interest rates were historically low. Many of those borrowers locked in rates between 2% and 4%. Fast forward to…
If you’ve recently started your own business, there’s some good news that could make qualifying for a mortgage much easier. For years, one of the biggest challenges for self-employed borrowers wasn’t having enough income—it was proving it under traditional mortgage guidelines. Freddie Mac recently updated its underwriting guidelines, and while the change may sound technical,…
Buying a home can feel overwhelming, especially if you’re worried about your credit score, down payment, or whether you’ll qualify for a mortgage. The good news is there are programs designed to help buyers who may not fit into traditional lending guidelines. One of those options is the Arrive Home Earned Equity Program (EEP). The…