When it comes to financing your new home, there are many different options available. Below I have outlined some of the basic differences in Conventional and FHA loans to show the pros and cons of each. What is an FHA loan? An FHA loan is one that offers mortgage insurance on loans that are made by FHA approved lenders. FHA stands for Federal Housing Administration and was created in 1934 by the US Congress. It is the largest mortgage Continue Reading
How Loan Approval Helps the Buying Process
If you’re just getting into the Dallas-Fort Worth real estate market there are many opportunities for today's buyer, whether you are buying your first home, or you are a home-buying pro with many home purchases under your belt. There are many steps in the home buying process where having a professional real estate agent guiding you through those steps is of immense value. One important step is the loan approval process. Unless you are paying Continue Reading
