Torn between buying or renting a house? The best choice couldn't be any more obvious. But why? Up next, we'll look at three reasons why a home purchase is the way to go when contemplating buying vs. renting. 1. Buying means building personal equity In case you're unfamiliar with personal...
Tag: easy steps to buying your first home
What are Some Down Payment Assistance Programs for Mortgages?
Several months ago, we shared about some low-down-payment loans that can save you a lot of money upfront on a home purchase. Great as they are, these low or zero down payment mortgage programs aren't your only hope for being able to afford a house. Also available to many buyers...
What is Your Mortgage Escrow?
In all likelihood, you've heard the term "mortgage escrow." But what is it, and, more importantly, how does it affect you? When you go to buy your first home, you will undoubtedly become highly acquainted with the concept of a mortgage escrow. But if you're just thinking about buying a...
USDA Loan Requirements in NC and SC
Of all the home loan programs available through Fairway of the Carolinas, one stands out above the rest for its flexible requirements. Want to know which it is? Yeah, we thought so. It's the ever-popular, government-backed USDA loan, which is available to homebuyers in various places throughout the country. These...