By Marina Locks

Apr 30, 2013

How to Save for a Down Payment on a Home

Purchasing a house can be a very exciting step in a person’s life. It requires emotional and financial readiness. In addition to being committed to paying a mortgage every month with varying taxes and fees, most home buyers have to pay a down payment for a...

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By Marina Locks

Apr 23, 2013

What Items Do You Need to Get Together for a Loan?

The big day has finally come; you’ve decided that you’re ready to purchase your first home! Your initial feeling of excitement likely is preceded by an overwhelming feeling of stress. Not to worry—the folks at NFM Lending have got you covered. There are...

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By Marina Locks

Apr 16, 2013

What is a USDA Loan?

Definition USDA or “Rural Development” home loans are given to qualified borrowers looking to buy or refinance a home in a rural location. These loans are government insured by the USDA, and are usually for low to middle income households buying a home...

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By Marina Locks

Mar 5, 2013

What is a Conventional Home Loan?

If you are looking for a home loan, considering a conventional loan is a great place to start. As America recovers from its’ economic turmoil, equity is slowly returning to the average homeowner. You might want to again consider a conventional loan as your...

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By Marina Locks

Feb 20, 2013

What is an FHA Loan?

History The FHA (Federal Housing Administration) home loan is one of several government-insured loans. It has been offered by the Federal Housing Administration since 1934 according to HUD (U.S. Department of Housing and Urban Development). This loan type has...

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