“Conventional Loan Fha”

803 Search Results

803 Search Results

What is an Underwater Mortgage and How to Deal With It

What is an Underwater Mortgage and How to Deal With It

https://www.sofi.com/learn/content/how-to-deal-with-underwater-mortgage/

…are some exceptions. If you have a government-backed loan (such as a FHA, USDA, or VA loan) and you qualify for a streamline refinance, you can refinance without a home…


A Guide to Lender-Paid Mortgage Insurance

A Guide to Lender-Paid Mortgage Insurance

https://www.sofi.com/learn/content/lender-paid-mortgage-insurance-guide/

…to purchase private mortgage insurance, or PMI. While government-back loans tend to have their own insurance programs (for instance, most FHA loans require a mortgage insurance premium for 11 years…


Tips for Shopping for Mortgage Rates

Tips for Shopping for Mortgage Rates

https://www.sofi.com/learn/content/how-to-shop-for-mortgage-rates/

…of mortgage lenders. In general, you’ll need a credit score of 580 to qualify for a Federal Housing Administration (FHA) loan with a low down payment. A conventional loan will…


Should You Use Your 401(k) as a First-Time Home Buyer?

Should You Use Your 401(k) as a First-Time Home Buyer?

https://www.sofi.com/learn/content/401k-first-time-home-buyer/

…down, and those with credit scores higher than 580 can get a loan with as little as 3.5% down. •  Conventional 97 loans are Fannie Mae-backed mortgages that allow a loan-to-value…


I Make $160,000 a Year, How Much House Can I Afford?

I Make $160,000 a Year, How Much House Can I Afford?

https://www.sofi.com/learn/content/i-make-160k-a-year-how-much-house-can-i-afford/

…ratio vary by loan type. Here are some to consider: •   Conventional loans The most common loan type, these loans usually require a 620 credit score and may offer down…


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