Category Archives: Home Loans & Mortgages






Using a FHA Mortgage to Buy a Home

In recent years FHA loans have taken on renewed importance for today’s mortgage borrowers. Simply stated, an FHA loan is a mortgage insured by the Federal Housing Administration, a government agency within the U.S. Department of Housing and Urban Development. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if […]



Employers Can Now Contribute to Workers’ Down Payments

A new program allows employers to help workers’ down payment on a home, similar to how companies contribute to a 401(k). HomeFundMe, a Fannie Mae and Freddie Mac-approved down payment crowdfunding platform, allows borrowers to crowdfund their down payment from several sources, including their employer. CMG Financial, a mortgage banking firm, created the HomeFundMe program. Employers can […]



What’s My Home Worth? Real Estate Valuation Tools

This article explains the four most common valuation methods used for real estate and property transactions, including how and when they are used. It’s important to note that the methods below are not necessarily mutually exclusive. Homeowners, lenders, mortgage servicers, investors, and other professionals use one or more of these valuation methods, depending on circumstances […]