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 21 - 30 of 58 results
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Mortgage 101
What Is an Adjustable-Rate Mortgage?
When you apply for a home loan, one option to consider is an adjustable-rate mortgage, or ARM. An ARM loan has a lower fixed interest rate for the […] -
Can I...?
How to Use and Receive Gift Money for Down Payments
Receiving gift money for down payments can offer buyers much relief from an otherwise huge financial commitment. If you’re a first-time homebuyer, […] -
Power Tips
What Is a Second Home vs. an Investment Property?
When it comes to buying a second home vs. an investment property, there’s more at stake than simply semantics. How you decide to label your […] -
First Steps
How Much Money Do I Need to Buy a House?
The first question most new homebuyers ask is: How much money do I need to buy a house? The answer varies depending on the price of the house, the […] -
Mortgage 101
What Are Mortgage Points and When Do They Make Sense?
Mortgage points are a way to lock in a lower interest rate during the homebuying process and pay less on your loan over time. You can use this handy […] -
First Steps
Comparing 15- vs. 30-Year Mortgages
When taking out a new home loan, compare your options on a 15- vs. 30-year mortgage term to find the best choice for you. Depending on which loan you […] -
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
How to Write a Gift Letter for a Mortgage
If someone gives you money to go toward the down payment on your house, the lender typically asks you to provide a mortgage gift letter and […] -
Mortgage 101
How to Avoid a Mortgage Loan Being Denied in Underwriting
Waiting for your mortgage to be approved can be a tense time when you’re hoping to buy a home. Unfortunately, some mortgage loans are denied during […] -
Mortgage 101
Comparing Fixed-Rate vs. Adjustable-Rate Mortgages
Think the trusty fixed-rate mortgage is your only option as a homebuyer? Far from it. When you get a mortgage, you can choose between a fixed-rate […]
