“Should I refinance my mortgage?” An analytical look at reasons to refinance, plus how to lock today’s mortgage rates with no closing costs. Continue reading
Archive | Mortgage
RSS feed for this sectionSelf-employed mortgage borrower? Here are the rules
Good news for the nation’s 14-million self-employed workers — mortgage lenders are making it easier to get approved for a purchase loan or home refinance. Continue reading
Offer letter loans: Get a mortgage while you’re in between jobs
Buying a home while you’re in-between jobs, or waiting for your raise? Use the “Offer Letter” clause to get approved. Read more and connect with lenders. Continue reading
With Mortgage Rates In The 3s, It Still Pays To Shop
Mortgage rates are in the 3s, but that doesn’t mean you should skip rate shopping. Get an even lower rate with time-proven rate shopping methods. Continue reading
FHA Credit Score Standards Are Dropping In 2016
You don’t need a 720 credit score to qualify for a mortgage. FHA lenders are lowering credit score minimums by the day. Continue reading
The HomeStyle® Renovation Loan: A Less-Expensive Construction Loan Than The FHA 203k?
Using the Fannie Mae HomeStyle® Renovation loan to finance home improvements can be cheaper and more efficient than the FHA 203k rehab loan. Read more. Continue reading
Honoring Veterans This Independence Day With 100% Financing, No PMI
VA home loans offer overwhelming advantages over other loan types, so why do only half of veterans use the program to buy a home? Continue reading
Brexit : Mortgage Rates At 164-Week Record; A Whisper Away From All-Time Low
Mortgage rates are scraping bottom per Freddie Mac. Rates are close to all-time lows not seen since 2012. Continue reading
Second home mortgage guide: Requirements and rates
Home prices are rising. Buying a second home purchase might pay off, and give you a sure vacation spot. How to qualify for a second home mortgage. Continue reading
Should I lock a mortgage rate today? Rate lock strategies
Is there a “best” day, week, or month to lock your rate? Mortgage rate shoppers can find better rates by strategically planning their lock. Continue reading