Two of the biggest questions we hear when it comes to the housing market these days: Can millennials buy homes? Are millennials buying homes? Short answer: yes, they can, and yes, they are. Millennials, the generation defined as those born…

It’s no secret that one of the biggest challenges in getting approved for a home mortgage loan is coming up with that hefty down payment. Traditional down payments of 5%, 10% and even 20% cost would-be homebuyers a lot of…

A land lease, or ground lease, is a agreement in which a lessee owns entities or improvements in a designated area, but doesn’t own the actual land. This is popular in commercial properties, beach-front properties and mobile home parks. A…

A high-balance loan — also referred to as a conforming high-balance loan or a super-conforming loan — is given to home buyers in high-income areas. It exceeds national conventional loan limits but meets local loan limits. Unlike jumbo loans, high-balance…

When shopping for a mortgage, you should first understand the two main options that are available: fixed-rate mortgages or adjustable-rate mortgages. Adjustable-rate mortgages are known for their low initial costs, while fixed-rate mortgages have a reputation for providing borrowers with…

For any home buyer, navigating the mortgage loan process can often be difficult, but it doesn’t have to be. The first step is learning about each option and deciding which is right for you. Jumbo and conventional loans are two…