How jumbo loans work For most people looking to buy a house, a conventional loan or a government-backed mortgage, such as FHA or VA, is common in Delaware. But for those who are buying a property that extends beyond the loan limits with these programs, it requires what is known as a "jumbo loan." What is jumbo …
How to refinance: 6 best options
Understanding the different types of mortgage refinance Refinancing your mortgage can be a powerful financial tool, allowing you to adjust your loan terms, lower your interest rate, or even access cash for other needs. But with various refinancing options available in Delaware, it’s important to understand which type …
The importance of down payment assistance and choosing the right mortgage lender
How down payment assistance helps homebuyers In today's real estate market, buying a home can feel out of reach, especially for first-time homebuyers. One of the biggest challenges many Delaware buyers face is coming up with the funds for a down payment and closing costs. Fortunately, programs designed specifically to …
