Mortgage
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]
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 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]
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]
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]
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]
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]
Whether you’re buying your first home or your fifth, it’s important to start your search prepared with the most up-to-date information. In addition to finding a home with all of the features you love, you’ll also need to look for any obvious and not-so-obvious red flags. Buying a home is one of the most important… [Read More]
Making the decision to purchase a home is an amazing milestone in anyone’s life. Owning a home can be wonderfully rewarding and can be a great financial investment over time. As with any major investment or momentous occasion, you want to know what you’re getting into up front. In this week’s blog, the Nickel City… [Read More]
When it comes to home financing, the possibilities are endless. Interest rates are of interest to most would-be homeowners. With the right type of interest rate for your financial needs, you could save thousands over the life of your home loan. In this week’s blog, we’ll discuss fixed- and adjustable-rate mortgages and the unique benefits… [Read More]
Registered Mortgage Broker-NY State Dept. of Financial Services. All loans arranged thru 3rd party lenders. NMLS #1586
