What Is VA Loan: Reviews, Types, Eligibility, Application Process & Other Details

VA Loan

A VA Loan is a mortgage loan that is available through the program developed by the United States Department of Veterans Affairs (VA). These Mortgage loans are only available to qualified borrowers as a part of their military benefits, generally, this includes active-duty service members, and veterans however in some cases spouses may be qualified. … Read more

What Is FHA Mortgage: Reviews, Types, Application, How They Work & Other Details

FHA Mortgage

The Federal Housing Administration or FHA Mortgage is a home loan that is insured by the government, issued by banks or other lenders, and approved by an agency. The FHA Mortgage Loans are government-backed mortgages with looser financial requirements that allow borrowers to purchase their dream home. The borrowers can qualify for the FHA Mortgage … Read more

What Is Reverse Mortgage: Reviews, Types, Eligibility, How They Work, & Other Details!

Reverse Mortgage

A Reverse Mortgage is a type of home loan that allows homeowners ages above 62 years to borrow against their home’s equity. It is similar to a traditional mortgage and allows homeowners to borrow money using their home as security for the Loan. however, unlike the traditional mortgage, with the reverse mortgage loans the borrowers … Read more

What Is A Jumbo Mortgage: Reviews, Eligibility, How They Work & Other Details!

Jumbo Mortgage

A Jumbo Mortgage or Jumbo Loan is a Mortgage used to finance high-valued properties that are above the Federal Housing Finance Agency (FHFA) loan limits. The Jumbo Mortgage is also known as a non-conforming loan since it exceeds the conventional local conforming loan limits as determined by the Fannie Mae, Freddie Mac, and FHFA enterprises. … Read more

What Are Government-Insured Mortgage: Reviews, Types, How They Work & Other Details!

What Are Government-Insured Mortgage

Government-insured Mortgage Loans are a type of mortgage loan that is insured by the agency of the Federal Government. The government-insured loans or government-backed mortgage program is when the private-sector lender issues the loan to the borrowers and the government insures or guarantees it. The insurance or guarantee means that the mortgage lender is protected … Read more

What Is PHH Mortgage: Reviews, Application Process And Other Details!

PHH Mortgage

PHH Mortgage Corporation is a non-bank lender that has provided Mortgage Services since 1984. It is the subsidiary of Ocwen Financial Corp, which acquired the PHH Mortgage in 2018. PHH Mortgage offers plenty of mortgage services including conventional loans, FHA, VA loans, and refinancing. PHH Mortgage is headquartered in Mount Laurel, New Jersey. With PHH … Read more