What happens if my home appraisal comes in low?

If an appraisal is lower than the purchase price, options may include renegotiating with the seller, increasing your down payment, disputing the appraisal, or switching loan programs. A low appraisal doesn’t always mean the deal is over.

Is it better to rent or buy a home right now?

Whether renting or buying makes sense depends on your financial goals, lifestyle, and market conditions. Buying a home can build long-term equity, while renting may offer short-term flexibility. A mortgage professional can help you compare costs and benefits based on your situation.