Thanks to the increase in remote work, there’s never been a better moment to look into moving to a brand new area or city. Even though buying a property is an endeavor that requires commitment and time, you can start by setting your budget. Follow this article for tips that will help you start with your own home ownership journey. Do mortgage calculators have accuracy? Online mortgage calculators offer estimates of a ballpark that shouldn’t be thought to be binding or accurate. The banks and lenders are able to consider a variety of factors they take into consideration when they decide on mortgage rates and their eligibility. Are there mortgages for federal employees? Federal employees might be entitled to special rates or loans from some lenders. Federal credit unions usually offer the loan service to those who work in the relevant department of the federal government. A large number of active duty as well as retired members of the military are eligible to apply for VA loans. What is an assisted mortgage? The United States, there are no assisted mortgages. FHA loans: FHA loans are accessible to financially eligible US residents who satisfy certain credit score and downpayment requirements. Lenders make individual determinations about eligibility. For any questions or clarifications, you can always contact the customer support team of FHA. n5rbluk4y3.