May 2025

FHA loans, insured by the government, offer lower credit score and down payment options, making homeownership accessible, especially for first-time buyers. However, they require ongoing mortgage insurance. Conventional loans, not government-backed, demand stricter qualifications but can eliminate private mortgage insurance with 20% equity and may have higher loan limits. Understanding FHA loan requirements and costs […]

Choosing between a home equity loan and HELOC with low credit depends on your financial needs and credit profile. Home equity loans are often easier to qualify for with poor credit, offering fixed rates and predictable payments, while HELOCs typically require higher scores and carry variable rates. This guide explores key differences, lender criteria, and