Category
Loan Types
Home Loans Unveiled: Conventional vs. FHA – What is the difference?
Hey there! I’m Chris Brancato NMLS # 283469, a senior loan officer with 20 years of mortgage experience at Supreme Lending Dallas. Today, I’m here to break down the differences between Conventional loans and FHA loans. Whether you're a first-time homebuyer or looking...
Understanding Cash-Out Refi Loans and When They Make Sense
If you’re a homeowner looking to gain access to the equity you’ve built in your home, you’ve most likely heard about cash-out refinancing,* also commonly known as cash-out refi loans. These offer a useful way to access cash by refinancing your current mortgage. But...
FHA Loans vs. Conventional Mortgage: Which One Is Right for You?
When it comes to financing your new home, choosing the right mortgage is so important – FHA loans, Conventional mortgages, down payment assistance – there are several options to choose from. Each loan program has its own set of guidelines, benefits, and...
The Do’s and Don’ts of Closing
Stop what you are doing! Find out what you should or shouldn’t be doing before the closing and funding of your loan. It could make all the difference in the closing of your loan.
What is the Difference Between FHA and Conventional Home Loans?
Unsure about the difference between FHA and Conventional home loans? Want to know which lending program is right for you? We look at Conventional loans vs. FHA loans to review pros and cons of each.
Veterans Affairs (VA) Loan Requirements & Certificate of Eligibility (COE) Information
If you meet the Veterans Affairs (VA) loan requirements, the agency provides a home loan “guaranty” for servicemembers, military Veterans, and eligible surviving spouses to help purchase a home.
Is a Home Equity Loan the Same as a Second Mortgage?
Being able to buy your own home is a big part of the American dream. Owning a home gives you the ability to accumulate equity, which can then be used to take out a second mortgage or home equity loan. But is there a real difference between a second mortgage and a home equity loan? The short answer is yes, there can be.
What Is a Jumbo Loan?
If you are looking to finance a home or property that exceeds Conventional loan limits, you should consider a Jumbo loan. But what is a “Jumbo loan” exactly?