If you’re in the market for a new home, whether a resale or new construction, your mortgage lender will require that you have homeowner’s insurance for the home you want to buy. This type of insurance covers a number of issues that are important to you as the buyer, and to your mortgage lender as the holder of the mortgage Read More...










3% Down-Payment Loans Help First Time Homebuyers
Many first time home buyers can afford the monthly cost of mortgage, but come up short on the cash requirements for a down payment. That may change with the help of new government programs that will offer 3% down-payment loans to qualified borrowers. Fannie Mae’s My Community Mortgage program, open to first-time buyers with a minimum 620 credit score, has already begun Read More...