Low Down Payment Mortgage Options


Raising the cash for a down payment is the final hurdle many people face before making the choice to buy a home. In this week’s blog from Nickel City Funding, we will explore a few different low down payment mortgages to consider. When you’re ready to learn more about these options and get a free… [Read More]

VA Loan Refinancing Solutions for Savings or Cash in Hand

In this week’s blog, we’re diving into VA loan refinance options to save money or turn home equity into cash. Much like conventional loan refinancing, there are both rate-and-term and cash-out VA loan refinancing options. When you work with a qualified lending agent, refinancing doesn’t have to be a difficult process and may cost you… [Read More]

How Much Mortgage Can I Afford?

Senior couple and their granddaughters smiling for the camera

A huge part of being a successful and financially healthy homeowner is ensuring that the house you buy makes sense for your budget – now and in the future. One of the most common questions our agents are asked at Nickel City Funding is, “How much mortgage can I afford?” A mortgage is a big… [Read More]

The FHA Energy Efficient Mortgage Program

cookie cutter houses

If you’re interested in purchasing or refinancing a home that would benefit from energy efficient improvements, consider the FHA Energy Efficient Mortgage (EEM) program. This privately funded, government-backed home financing option to fund the purchase of a home and cover the costs of approved energy efficient improvements on the home. In this week’s blog from… [Read More]

First-Time Homebuyer Programs


Buying your first home is a momentous occasion for most families. It’s a substantial financial investment that can be intimidating. Thankfully, there are several types of first-time homebuyer (FTHB) programs available to New York residents. In this week’s blog from Nickel City Funding, our mortgage professionals will go through some of the most popular programs… [Read More]

USDA Loan Eligibility

ranch house

USDA loans are a type of nonconventional home financing solution designed to help populate suburban and rural areas in the United States through affordable mortgages for low- to moderate-income families. The USDA Single Family Housing Guaranteed loan program is funded through private lenders and insured by the U.S. Department of Agriculture: Rural Development. These loans… [Read More]

Financing for Fixer-Uppers


For many homebuyers, the perfect home is one that can be created by making certain repairs and rehabilitations to an existing home in need of some TLC. In this week’s blog, the professionals at Nickel City Funding will look closer at two of the most popular types of financing for fixer-uppers: HomeStyle loans by Fannie… [Read More]

What is an FHA Streamline Refinance?

Happy Attractive African American Family in Front of Beautiful House.

FHA Streamline Refinance Process FHA loans are a type of nonconventional mortgage with flexible approval requirements that help many types of borrowers become homeowners. FHA Streamline refinancing is a refinancing solution that helps borrowers save month after month in interest and/or MIP. In this week’s Nickel City Funding blog, we’ll outline the FHA streamline process,… [Read More]

The Advantages of Using a Real Estate Agent

Business deal

While making any significant life decision, it’s important to work with people who are experts in their fields. When it comes to buying a home, there are several types of professionals you’ll want to consider working with. In addition to a mortgage broker or lending professional, a real estate agent is a key player in… [Read More]

The Differences Between Brokers and Lenders


When it comes to securing home financing, it’s important to understand the key players and institutions in the process. Here, we’ll discuss the differences between brokers and lenders and how each participates in home loans. At Nickel City Funding, our mortgage brokers have more than 20 years in the industry. We’re happy to answer any… [Read More]