Let’s be real for a second: Mortgages are not cookie-cutter because borrowers are not all the same. There are, of course, some mortgage programs that can serve larger populations—hello, conventional mortgage and FHA loans—but there are plenty of people who aren’t accommodated by these programs for one reason or another.

REACH YOUR GOALS A New Strategy for Managing Financial Stress There are plenty of reasons for money-related stress these days, with sticky inflation and higher interest rates causing many Americans to acquire debt. Unfortunately, it also contributes to a potentially life-threatening condition: stress. Recently, the American Heart Association reported that 82% of us are stressed about money.

Qualifying for first-time home buyer programs may not be as hard as you think. These programs are specifically designed to help qualified first-time homebuyers like you overcome some of the more common hurdles people face when buying a home. Those hurdles, of course, include saving for a down payment and the closing costs. If you could use some assistance as a first-time homebuyer—and who couldn’t—then this article is for you.

This month saw the return of something we all hate: inflation. The Consumer Price Index went up by 0.5%, which was its biggest increase since summer 2023. This brought overall inflation up to 3%, which means that the Federal Reserve will probably postpone any reductions in interest rates for the foreseeable future. Recent changes within the Consumer Financial Protection Bureau (CFPB) are also causing concern within consumer advocacy groups and the banking industry, although for very different reasons.

One of the biggest hurdles for many first-time homebuyers is getting that down payment together. We understand, especially if you’re trying to scrape together 20% of a home’s purchase price (insert large gulp here).

As a medical professional, you’ve dedicated countless hours to building your career and caring for others. Whether you’re a newly graduated doctor, dentist, or veterinarian, or an experienced professional, owning a home can feel like a distant goal. Student debt, limited credit history, and the high costs of buying a property add hurdles to achieving this milestone. Fortunately, the Doctor Loan program is here to change that.

One of the obstacles that keeps first-time homebuyers out of the housing market is the misconception that they need to have a 20% down payment.

You’ve decided you want to buy a home. You are ready to look at listings, view the next open house, and pick your favorite paint colors—but not so fast! You need to make sure you are financially ready first.

REACH YOUR GOALS Are You Saving Too Much for Retirement? Saving for our retirement is the #1 financial priority for Americans, with over half of us putting away at least 9% of our annual income for it. However, quite a few of us are actually overdoing it.

Many people think of an existing single-family home when they think about homeownership or buying residential real estate. Purchases of this type of property are common, after all. But there are other residential real estate purchases that might be perfect for your lifestyle and/or financial situation.