January 2023

Down Payment Assistance Programs – How do they Work?

January 5, 2023
Innovative Mortgage Brokers
Closing, Down Payments, First Time Home Buyer, For Buyers

If you’re considering buying a new home but don’t have enough money saved for a down payment, a down payment assistance (DPA) program may help. DPA programs help first-time homebuyers secure funds for a down payment and closing costs, so…

FHA Loans aren’t just for First-Time Homebuyers

January 3, 2023
Innovative Mortgage Brokers
Buying Myths, FHA Loan, First Time Home Buyer, For Buyers, Move-Up Buyers

FHA loans have a reputation for being only for first-time homebuyers, but they could be a solution for almost any homebuyer. If you don’t have ‘great’ credit or your debt-to-income ratio is higher than conventional loans allow, an FHA loan…