FHA – Home 1 Group

Down Payment Assistance

May 10, 2025

Down Payment Assistance – aka DPA – is funds that are available typically to first-time home buyers to assist in the money needed to qualify and close on a home purchase. The program is available for FHA/VA loans and has a myriad of benefits for the first-time home buyer. Where many programs have low income […]

What Affects Mortgage Rates?

November 2, 2019

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| Buying a Home, Local Experts, Mortgage Info, Real Estate, Uncategorized

Your mortgage rate depends on your own financial portfolio and the home you plan to buy. But that’s not all. Mortgage rates also reflect movements in the U.S. housing market and the global economy — which is why they’re in constant flux. Economy – The global financial picture drives all interest rates, including mortgage rates Lender pipeline – The amount […]

HUD FHA Condo Financing

August 14, 2019

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| Local Experts, Mortgage Info, Real Estate, Retirement, Selling a Home, Uncategorized

HUD Announces New FHA Condo Financing Rules! The U.S. Department of Housing and Urban Development is expected to release updated guidance tomorrow on FHA-insured condominium financing. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the new rules will: […]