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Down Payment Assistance

Down Payment Assistance

by Ed & Barbara Heiser | Sep 29, 2018 | Home Buying Process, Mortgage Approval Process, Mortgage Closing Costs, Mortgage Payments, Mortgage Programs, Mortgage Rates

The following chart is provided as a summary of the basic qualifying features of the most popular Arizona Down Payment Assistance programs.  These programs are made available to help responsible Arizona home buyers who struggle to save for a down payment buy a home...

Why Do I Need To Pay A VA Funding Fee?

by Ed & Barbara Heiser | May 11, 2018 | Mortgage Programs

The VA Funding Fee is an essential component of the VA home loan program, and is a requirement of any Veteran taking advantage of this zero down payment government loan program. This fee ranges from 1.25% to 3.3% of the loan amount, depending upon the circumstances....

Understanding the FHA Mortgage Insurance Premium (MIP)

by Ed & Barbara Heiser | May 11, 2018 | Mortgage Programs

* Disclaimer – all information in this article is accurate as of the date this article was written * The FHA Mortgage Insurance Premium is an important part of every FHA loan. There are actually two types of Mortgage Insurance Premiums associated with FHA loans: 1. ...

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