Thinking about buying a new home? Finance of America Mortgage has you covered with these useful pieces of content to help you through your journey. Below you will find a number of pieces around different topics that may assist in your decision to purchase new property.
Showing 1 - 10 of 58 results
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Mortgage 101
Conventional Loans: What They Are and How to Qualify
Conventional mortgages are home loans that are not part of a government program. Conventional loans are usually less expensive than government-backed […] -
Mortgage 101
USDA Loans: How to Qualify and Borrowing Requirements
If you’re buying a home in a rural community, you might qualify for a USDA loan. These loans are guaranteed by the U.S. Department of Agriculture […] -
Mortgage 101
What Is a Lender Credit and How Does It Work?
Homebuyers shopping for a mortgage frequently ask what is a lender credit. When you take a lender credit, the mortgage company agrees to pay some or […] -
Mortgage 101
10 Tips on Buying a Home for the First Time
Buying a home for the first time could be a smart money move. After all, there are many benefits to homeownership, including the potential to build […] -
Mortgage 101
What Is Escrow and How Does It Work?
When you make an offer on a home or take out a mortgage, you might need an escrow account to set aside money for certain payments and ongoing costs. […] -
Mortgage 101
What Is Hazard Insurance and What Does It Cover?
Hazard insurance protects a homeowner against damage to their dwelling or building caused by certain disasters, severe weather, or crime. Covered […] -
Mortgage 101
What Is Earnest Money?
You’ve probably heard of a down payment when buying a home, but there’s another payment you have to provide when you make an offer on a […] -
FOA Tools
Fix-and-Flip Loans: What They Are and How They Work
A fix-and-flip loan is short-term funding that real estate investors use to buy a property that they fix up and resell for a profit. This is known as […] -
Power Tips
Rental Property Loans: How to Finance Your Investment Property
If you’re interested in purchasing a home to rent out, it’s essential to understand that rental property loans have different requirements […] -
Power Tips
Is It Better to Rent or Buy a Home? Tips on How to Decide
Is it better to rent or buy? This is a common question among consumers considering homeownership. To answer it, you’ll need to look at your current […]
