Mortgage learning center

Texas homebuyers can get down payment and closing cost help from two statewide agencies and several local programs. TDHCA's My First Texas Home and My...

Independent contractors with 1099 income have five main mortgage options. Conventional and FHA loans qualify you on tax returns, after write-offs. Non-QM loans skip tax...

Lenders usually count an S-corp owner's W-2 salary plus their ownership share of the business's ordinary income from Schedule K-1, adjusted for items like depreciation...

Texas property taxes usually become part of your monthly mortgage payment: your lender collects one twelfth of the estimated annual tax bill into an escrow...

Qualifying as a first-time homebuyer generally depends on your credit score, income and DTI, down payment, and required documentation. Many programs allow credit scores in...

Yes, in many cases. You can get a mortgage while self-employed for less than 2 years when you have at least 12 months of self-employment...

A VA loan usually costs less for eligible first-time buyers with a small down payment. It allows 0% down with full entitlement, has no monthly...

The main difference between FHA and USDA loans for first-time homebuyers is who and where each program serves. USDA loans offer 0% down and lower...

The main difference between FHA and VA loans for first-time homebuyers is who can use them and how each one charges for its government backing....