Drew Mortgage Associates - A Mortgage Company in Boston, MA

Owning a home is a dream for some and a need for many. A dream home symbolizes beauty and luxury. For people who need a home just for shelter, it keeps them safe. Now both the housing dream and the need for a shelter can be attained easily. This is all thanks to the Federal Housing Administration (FHA) and United States Department of Agriculture (USDA), two government agencies, for making home loans within the reach of common people. The path to your dream home can be reached by FHA home loans and USDA mortgage loans. There are differences between FHA home loans and USDA mortgage loans that can be identified under certain categories, which includes down payment, closing costs, credit score, area limits, and income. This blog provides a list that'll help you understand how FHA home loans are different from USDA mortgage loans. Read more: https://www.drewmortgage.com/how-fha-home-loans-are-different-from-usda-mortgage-loans/

Are you planning to refinance? If you want to lower your existing mortgage rate of interest or reduce your mortgage term loan, then a refinancing home loan is highly beneficial. Some homeowners feel that refinancing is a painful process, but it can actually ease your financial burdens. This blog provides a step-by-step guide to the mortgage refinancing process.  To learn more, please visit: https://www.drewmortgage.com/a-step-by-step-guide-to-the-mortgage-refinancing-process/

Planning to apply for a home loan? No need to invest your time in needless paperwork and multiple trips to the lender. Reduce your leg work with an online application and ensure faster processing of your home loan. Check out this post to learn 4 benefits offered by online mortgage loan programs:  https://www.drewmortgage.com/4-advantages-getting-mortgage-loan-online/

Buying a home is the best form of investment. When you invest your hard-earned money on buying a home, you feel proud and satisfied. Most bachelors begin their independent lives living in a rented house or an apartment. As they progress in their careers and lives, saving money, and starting families of their own, they feel the need to own a home. Some people continue to live in rented houses as they feel renting is much better than buying a home. However, this is simply not true. Buying a home gives you a lot of benefits. You actually save more money over time by buying a home rather than spending your whole life in a rented house. This blog provides 5 reasons why you should buy a home.  Read more: https://www.drewmortgage.com/top-5-reasons-why-you-should-buy-a-home/