If you’re like many people thinking about buying a home in Baton Rouge, you’re wondering about FHA loans – what are they, who’s eligible, and how do you get one? What is an FHA Loan? An FHA loan is a mortgage insured by the Federal Housing Administration, or FHA. These types of loans allow for […]
In the last part of 2016, there was an update to the information a credit bureau could supply to your mortgage lender. If you’re considering buying a home, you may want to look at how you’re making your revolving debt payments, and determine if this change will affect you. What’s Changed? Previously, the three credit […]
Borrowers with high credit scores get access to lower mortgage rates and can find the mortgage approval process to be more smooth than borrowers with low credit scores.