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Guide to conventional loans When most people think of a mortgage, they’re thinking of a conventional loan. Conventional loans are the closest you can get to a ‘standard’ mortgage. There are no special eligibility requirements, pretty much…
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How much does it cost to refinance? Homeowners typically refinance to save money. Refinancing often results in a lower interest rate and monthly payment, and it can save you thousands over the life of your loan. However, refinancing your…
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Can I use my 401(k) to buy a house? Using your 401(k) to make a down payment on a house is generally allowed. And there are even some benefits: 401(k) loans aren’t taxed and they have low interest rates. However, borrowing from your 401(k)…
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