Building or repairing your credit score means learning to use credit cards responsibly. An improved credit score means better rates on mortgages.
How to Repair Your Credit So You Can Get a MortgageRead More
Loan
Should You Pay Off Your Mortgage Early?
Should you pay off your mortgage early? NewHomeSource explores the pros and cons of paying off your home loan early.
How to Start Saving For Your First Home
There are a number of ways that first time homebuyers and Millinnials can save for homeownership.
Prequalified vs. Preapproved: What Is the Difference and Why It Matters
A prequalification is a good start to the home loan process, but being preapproved means you’re almost home — literally. Getting preapproved means greater security and purchasing power for your home search.
Prequalified vs. Preapproved: What Is the Difference and Why It MattersRead More
Military Homebuyers Have Strong Preference for Newly Built Homes
VA Home Loan programs make it easier for our service men and women to buy homes, and they have a clear preference for newly built houses.
Military Homebuyers Have Strong Preference for Newly Built HomesRead More
Don’t Ignore the ‘Quiet Period’
It’s important that you don’t take on any new debt or make other changes to your financial profile during the “quiet period” — the time between your mortgage approval and the date you actually close on your house.
Can Your Family Help Pay for Your Mortgage?
Can’t get a mortgage from traditional lenders? Intra-family financing may be a solution to your homebuying dreams.
Debunking Down Payment Myths
Financing a new home, especially the down payment, can bring a storm of questions. Professional advice can smooth it all over by debunking the myths.
Here’s What to Do — And What Not to Do — When Buying a New Home
Getting a home loan means understanding your credit, as well as the financing process and the many things that can ruin an approval.
Here’s What to Do — And What Not to Do — When Buying a New HomeRead More
How to Choose a Lender
When trying to figure out how to choose a lender, be sure to ask for references and to take your time to thoroughly investigate each prospective lender.
Understanding Different Types of Mortgage Loans
As you save for a down payment, you may find that certain loan types don’t require 20 percent down. New Home Source outlines different home loans and how they can affect your wallet.
First-Time Homebuyers Have Access to Many Downpayment Assistance Resources
If you’re a first time homebuyer, there are a wide range of down payment assistance programs that can help you get into your dream home sooner than you might have thought.
First-Time Homebuyers Have Access to Many Downpayment Assistance ResourcesRead More
Upcoming Mortgage and Settlement Changes: What You Can Expect
NewHomeSource has everything you need to know about mortgage and settlement changes in your home loan processes.
Upcoming Mortgage and Settlement Changes: What You Can ExpectRead More
The New World of Virtual Mortgages
Virtual mortgages offer homebuyers a faster, more secure option than tradition paper-based mortgage applications.
5 Ways to Buy a New Home with a Higher Mortgage Rate
As interest rates for home loans rise, NewHomeSource lays out five ways you can still buy a new home in this fiscal environment.
5 Ways to Buy a New Home with a Higher Mortgage RateRead More
Is a Reverse Mortgage Right for You?
NewHomeSource explores what a reverse mortgage is, and if it could make sense for you as you enter into retirement.
Mortgage Glossary
Find out everything you need to know about your home mortgage with NewHomeSource’s Mortgage glossary.
Buying and Selling at the Same Time? How a Bridge Loan Can Help
Buying and selling a home simultaneously can be financially stressful, but bridge loans offer a potential solution. NewHomeSource looks at how bridge loans can help you get out of one home and into the next more easily.
Buying and Selling at the Same Time? How a Bridge Loan Can HelpRead More
Understanding Home Equity Conversion Mortgage (HECM) for Purchase Loans
Home Equity Conversion Mortgages helps Baby Boomers finance the purchase of their new retirement home.
Understanding Home Equity Conversion Mortgage (HECM) for Purchase LoansRead More
A First-Time Buyers Guide to Understanding the Construction Loan Process
First time homebuyers can get a construction loan to finance their newly built house. NewHomeSource breaks down what a construction loan is, and how you can get approved.
A First-Time Buyers Guide to Understanding the Construction Loan ProcessRead More
Don’t Think You Qualify For a Home Loan? Think Again
Don’t assume you can’t qualify for a home loan. NewHomeSource breaks down why some people don’t even bother trying to invest in a house.
Don’t Think You Qualify For a Home Loan? Think AgainRead More
How to Make an Offer on a House
Ready to make an offer on the home of your dreams, but not sure how to do that? Here’s a step by step guide on what you should include in your purchase offer.
Lennar is Paying Student Loans to Help Millennials Purchase Homes
Lennar Homes helps first-time homebuyers on their journey to homeownership by helping pay off student loans.
Lennar is Paying Student Loans to Help Millennials Purchase HomesRead More
Rural Housing Service Offers C2P Loans
If you’re interested in building a home in a more rural environment, you can get special construction to permanent loans from the Rural Housing Service.
How to Make Sure You Qualify for a Home Loan
Getting your finances in order and planning ahead makes your loan approval process less of a hassle. NewHomeSource helps you take the necessary steps to get your home loan approved.
Mortgage Application Denied? Here’s What to do Next
If you didn’t qualify for a home loan, don’t panic. NewHomeSource can guide you through the steps you should take to get financing for your new home.
Mortgage Application Denied? Here’s What to do NextRead More
The Ins and Outs of Government Loan Options for Rural Homebuyers
NewHomeSource walks you through some of the government backed loan options available to rural homebuyers.
The Ins and Outs of Government Loan Options for Rural HomebuyersRead More
Understanding Home Construction Loans
Learn about the home construction loan, a great alternative to conventional mortgages to help finance a custom home.
Home Loan Glossary
NewHomeSource has a handy glossary with the terms you need to know as you navigate financing your new home.
Mortgage Terminology 101
Mortgages can be confusing. NewHomeSource has a handy guide to mortgage terminology, so you know exactly what’s going on with your home loan.