Mortgage News and Updates

Homeownership is a significant milestone in many people’s lives. It’s not just about finding the perfect house; it’s also about ensuring that your finances are

For both home buyers and homeowners, understanding how property liens work is important. In fact, they could impact your ability to buy a specific house

  Tips on how to make your home more accessible Whether you’re buying a new home you’d like to stay in for the long haul

Are you aware of these common home buying myths?   The home buying process is complicated — especially for first-time buyers. To make matters worse,

Paying off your mortgage might seem like a dream come true: no more payments, no more interest and owning your house in full. Who wouldn’t

New Trending Ideas For Kitchen Design   The kitchen is the heart of a home. It’s where you cook family meals, bake birthday cakes and

How and when you can use gift money as a down payment on your new home. Down payments can be a big hurdle when buying

  Home equity is the stake in your home you actually own. The more equity you have, the more you stand to gain when it’s

How Does a Rate Lock Work? Mortgage rates are near all-time lows right now, but that doesn’t mean they’ll stay that way forever.   That’s

Understanding Mortgage Insurance Can help you better prepare for the cost of owning a home . What is mortgage insurance and who benefits from it?

Purchasing a home is arguably one of the largest most important financial transactions a person will make in their life. So, you might be surprised

In the latest mortgage lending response to COVID-19   Fannie Mae and Freddie Mac have issued temporary lender guidelines for self-employed borrowers seeking a mortgage

Basic facts about student loan you should know. Not sure how you (or your kids) will pay for college? You might be planning on a

Whether you’re a new homeowner or an experienced do-it-yourselfer around the house, these handy tips will help protect your investment year-round   Safety first –

What is home equity? Simply put, ” home equity” refers to the difference in the market value of your home and what you currently owe

Delayed Financing is a cash-out refinance option that can begin as early as one day after paying cash for a Primary, Second Home, or Investment

Know the difference Many potential borrowers still get drawn into the mistaken perception that once a lender issues them a Pre-Qualification for a mortgage, this

Here is a quick overview of this week’s Markets in a Minute Economy: Mortgage rates stable do to little economic news this week. Low inflation remains

The 1% Down CONVENTIONAL program is great for First Time Homebuyers! Call me, TODAY, and get more familiar with our NEW CONVENTIONAL 1% Down payment

A variable-rate mortgage, also commonly referred to as an adjustable-rate mortgage or a floating-rate mortgage, is a loan in which the rate of interest is

People generally think about a mortgage in terms of the monthly payment. While that payment represents the amount of money needed each month to cover

The amortization schedule for a residential mortgage is a table that provides a breakdown of the schedule of payments from the loan’s first required payment

“How much house can I afford?” It’s a critical question that every home buyer faces, and one that many people answer by going to a

A home of your own. That little phrase captures so much emotion, and so many hopes and dreams. It’s a place to express yourself and

Even when we expect our tax returns to bring a refund, we all dread preparing for the tax deadline. The arcane tax forms, instructions few

Interest rates, especially the rates on interbank exchanges and Treasury bills, have as profound an effect on the value of income-producing real estate as on

A home sale contingency is one type of contingency clause frequently included in a real estate sales contract (or an offer to purchase real estate).

by Jeffrey Dew, click here for full article Over the course of the last two decades, Americans—especially younger adults—went on a credit card-enabled binge, accumulating

With home prices and mortgage rates as low as there are, it’s an attractive time for young people to buy their first home. But many

By Kara Johnson, Published: September 24, 2012   Mortgage delinquencies are down by more than 10 percent over the past year, although more than one

The housing market got a double jolt of good news today, with both existing home sales and new home construction showing healthy gains in August,

Borrowers will have until 2015 to win a new loan More than 2.2 million have used Home Affordable Refinance Program   By Margaret Chadbourn  

We all know there are differences in credit scores because of different scoring models (i.e. FICO, Vantage or other proprietary credit scores). Credit scores will

This is a program that reduces the amount of documentation and underwriting that needs to be performed by the mortgage company.   FHA has permitted

FHA’s mortgage insurance programs help low and moderate income families become homeowners by lowering some of the costs of their mortgage loans. FHA mortgage insurance

A single family home rehabilitation program that enables you to finance both the purchase or refinance of a house and/or the cost of its rehabilitation

Why can’t I just walk to into my bank and get a mortgage? Bank X is offering no cost loans, you can’t compete with that!

Mortgage Credit Certificate Program The City and County of Denver 2009 Mortgage Credit Certificate (MCC) program allows qualifying borrowers to receive an annual federal income

The right type of mortgage for you depends on many different factors. There isn’t a single or simple answer to this question. The right type

Your monthly mortgage payment typically is made up of four components: principal, interest, taxes and insurance, together known as PITI. The principal refers to the

When a lender makes a decision about a mortgage application, they consider two basic factors: your ability and your willingness to repay the loan. Ability