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 30 results
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Mortgage 101
What Is a Mortgage Preapproval and How Does It Work?
A mortgage preapproval is an essential part of the homebuying process. Getting a mortgage preapproval involves submitting a mortgage application […] -
Power Tips
How Your Credit Score Affects Your Mortgage Rate Offers
Your credit score affects the mortgage rates you’ll be eligible for as you’re shopping for a home. Those three digits can have a big impact on the […] -
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 Debt-to-Income Ratio?
Your debt-to-income (DTI) ratio represents how much of your income goes toward debt repayment. During the mortgage approval process, lenders look at […] -
Power Tips
How to Buy a House After Bankruptcy
Buying a house after bankruptcy is possible if you’ve filed a Chapter 7 or Chapter 13 bankruptcy. However, lenders may impose a waiting period after […] -
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 […] -
FOA Tools
Mortgage Affordability Calculator
Use our mortgage affordability calculator to see how much home you can afford. -
Power Tips
These Are the Best Times to Buy a House
The best time to buy a house depends on a lot of moving parts. Home prices, mortgage rates, your financial situation, economic conditions, and the […] -
First Steps
5 Things to Know Before Buying a House
Before you take the leap into homeownership, there are critical things to know before buying a house. This includes how to shop for a mortgage, […] -
First Steps
First-Time Homebuyer Checklist
The homebuying process can be overwhelming for first-time buyers who may find keeping up with all the details and borrowing hundreds of thousands of […]
