A mortgage the Federal Housing Administration backs is known as an FHA loan. FHA loans are unique from other mortgages and home loans. They’re often helpful for first-time homeowners because they ...

There are no specific income requirements to qualify for a mortgage — but mortgage lenders do evaluate whether you make enough to repay the amount you want to borrow. To determine if you’ll qualify, ...

Buying a home is the American dream for many, but it can seem like a huge hurdle if you don’t have decent credit. After all, conventional lenders often require a minimum credit score of 620 to qualify ...

The requirements for mortgage loan applications vary slightly from lender to lender. Still, for a mortgage loan application to be approved, some fundamental criteria must be met, known as the four Cs: ...

A mortgage refinance can help lower your monthly mortgage payments and free up cash in your budget. Or you can shorten the loan term and pay your mortgage off faster or potentially tap into your home ...

The homebuying process raises many questions for potential homeowners, and these questions often center on affordability. Knowing how much income it takes to afford a home, such as one with a $300,000 ...

To get a VA home loan, you must be a service member, veteran or qualifying surviving spouse with a Certificate of Eligibility. VA home loans have no down payment requirements but only apply for ...

The Neighborhood Assistance Corporation of America (NACA) offers a unique mortgage program designed to make homeownership accessible to low- and moderate-income individuals. With no down payment, no ...

Kevin Payne is a contributor to Buy Side from WSJ and personal finance expert specializing in credit cards, student loans and travel. Staff Senior Editor, Buy Side from WSJ Reina Marszalek is a staff ...

Valicia is an accomplished author and a Junior Copywriter at Uncanny Content. She believes that words can help create a better world, which is why she helps impact-driven businesses increase their ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. VA home loans are among ...