Buying a home can be difficult, particularly if you have a low income, little money saved for a down payment, and a low credit score. However, homeownership is still attainable with the right knowledge and tools. Here are some pointers for purchasing a home with a small down payment, a low income, and a poor credit rating. […]

For homebuyers looking to reduce their initial monthly mortgage payments, a 2-1 buydown is a type of mortgage financing option that can be very beneficial. Here’s how it works: When a homebuyer takes out a 2-1 buydown mortgage, the lender agrees to temporarily lower the interest rate for the first two years of the loan. […]