Financing

You’ll learnHow a renovation loan combines the home and the repair budget in one mortgage

You’ll learnThe difference between USDA guaranteed and Direct loans

You’ll learnHow banks, credit unions, non-bank lenders and mortgage brokers differ

You’ll learnWhich loan types are generally assumable, and why most conventional loans aren't

You’ll learnWhy you must receive the Closing Disclosure at least three business days before closing

You’ll learnWhere the 2026 conforming loan limit sits, and why the loan amount (not the price) decides

You’ll learnWhen a lender must provide your Loan Estimate, and the six pieces of information that count as a mortgage application

You’ll learnWhat a mortgage rate lock commits the lender to, and where your lock status appears on page 1 of the Loan Estimate

You’ll learnWhy acceptable gift donors are defined by each loan program, and how lender overlays can add stricter rules

You’ll learnHow a HELOC's draw period and repayment period differ, and why the monthly payment can jump when the line shifts into repayment

You’ll learnWhy underwriters work from calculated qualifying income after deductions rather than the gross revenue a business owner tends to quote

You’ll learnHow ARM shorthand like 5/1 or 7/6 works, and what the initial, periodic, and lifetime caps actually limit