Is the UR Home Program for You?
Among government mortgages offered in Connecticut, one program geared toward rehabilitating towns and neighborhoods in the state is UR Home. Also known as the Urban Rehabilitation Homeownership Program, UR Home consists of a purchasing mortgage at below-market interest and a…
Is a VA Loan the Right Mortgage Program for You?
While standards for conventional mortgages are increasingly tighter, VA loans remain as one of the more straightforward and easiest to qualify for. Originating in 1944, the program passed the 20 million mark in December 2012, does not require down payments,…
Types of FHA Loans
Now increasing in popularity, FHA loans are geared toward low- and moderate-income homebuyers. Yet, even with its looser qualifications, this government mortgage has several types of programs, some of which may benefit a borrower’s background more than others. Adjustable Rate…
Considering an FHA Loan? Here are the Basic Points
Lending standards for conventional mortgages, in recent years, have become stricter and tighter. In response, FHA loans, with somewhat looser requirements, are growing in popularity. A borrower looking for financing with McCue Mortgage could qualify for an FHA loan, and…
CHFA Loans: What to Keep in Mind?
Did you know that McCue Mortgage, with locations in New London and New Britain, is the No. 1 lender of CHFA loans in the state? A program specific to Connecticut first-time homebuyers and those looking in federally-targeted areas, CHFA loans…