The key to getting the best USDA mortgage interest rate is knowing if you and your home are eligible and comparing the interest rates and ...

USDA loans are no down payment mortgages for rural and suburban homebuyers. They are primarily aimed at borrowers who are not wealthy and cannot get ...

Prequalification calculates the amount you can borrow based on a largely informal assessment of your finances. Pre-approval is heavier and requires documentation. Prequalification and pre-approval ...

With prequalification, lenders determine if you meet the basic financial criteria for a home loan. To qualify first, give a lender basic information about your ...

You don't need to get a mortgage pre-approved before heading home, but it's a good idea, especially in a seller's market where competition between buyers ...

The FHA housing requirements state that FHA approved condominiums and apartments must be safe, sound, and secure in order to qualify for an FHA loan. ...