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 …
How to finance your home renovation goals this summer
Summertime is the best time for renovations Summer's here in Delaware, and it's the perfect time to give your home that much-needed makeover. If you're a homeowner dreaming of upgrades, renovation home financing, a cash-out refinance, or a Home Equity Line of Credit (HELOC) could help you achieve your renovation …
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Unlocking the benefits of mortgage refinancing
Refinancing your mortgage-discover the benefits Refinancing your mortgage can be a strategic move to improve your financial health. There are various reasons to consider refinancing for Delaware homeowners. You may want to consolidate debt and free up monthly cash flow or access your equity for home upgrades or some …
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What you need to know about VA loans and the NAR settlement update
What the VA said about the NAR settlement The Department of Veterans Affairs announced it would temporarily lift its ban on homebuyers directly paying for realtor representation. It is expected that it will announce a formal policy update within the next several weeks. The VA’s home loan guaranty is the only loan …
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MEP’s Advantage Down Payment Assistance Program
What is the benefit of down payment assistance? DPA is one of the best tools homeowners have in today's market to make homeownership more affordable for Delaware Residents. These programs provide a possible solution to help homebuyers who need financial support. With a shortage of affordable housing across the …
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Vacant Land Lending/Land Loans
Vacant Land Lending or Land Loans share many similarities with mortgages. Both are forms of financing used to obtain property; however, unlike a traditional mortgage, there is no home to use as collateral. Many homebuyers and investors consider this option if they have the expertise in building homes from …
