1 Oct 2024 Understanding USDA Loans for First-Time Buyers Welcome to the zero-down mortgage solution for first-time rural home buyers. The U.S. Department of Agriculture developed a housing loan program for residents seeking homeownership of rural properties. USDA loans are guaranteed by the USDA Rural Development Guaranteed Housing Loan Program and are primarily issued by partner lenders. The goal of the program is to […] Share on Facebook Share on Twitter
1 Sep 2024 Explained: 5 Percent Down Conventional Loans Are you wanting to buy a home but can’t afford a high down payment? It is a common misconception that you must pay a 20% down payment when buying a home. But fortunately, that is not the case anymore. In fact, you can pay as little as 5% down. Want to know how? Let’s […] Share on Facebook Share on Twitter
8 Aug 2024 How to Get a Quick Loan Life is full of surprises, more specifically, financial surprises. Sometimes, you just need immediate financial help to deal with a situation. At Modern Lending, we understand that you may not always have the cash on hand to deal with your problem as quickly as you need to. That is why we offer quick loan options. […] Share on Facebook Share on Twitter
19 Jul 2024 Understanding Home Equity Line of Credit Loans What is a Home Equity Line Of Credit (HELOC)? A Home Equity Line of Credit, commonly referred to as a HELOC, can serve as a secondary mortgage, allowing you to tap into the cash value of your home. For those who fully own their home, it can also act as a primary mortgage. Essentially, you’re […] Share on Facebook Share on Twitter
10 Jun 2024 2024 FHA Loan Requirements The beginning of the homebuying journey can be daunting. If you’ve looked into home buying, you may have heard of FHA loans, but what are these, and what are the drawbacks and benefits? FHA stands for a Federal Housing Administration loan. These loans are appealing if you carry debt, have a low credit score or […] Share on Facebook Share on Twitter
