
FHA 203k Loans: How Does It Work? | Requirements 2021
January 12, 2021
Have you found a home that you love, but it’s in bad shape? The 203k loan may be a perfect way to purchase a home that is a little rough […]
Read More...January 12, 2021
Have you found a home that you love, but it’s in bad shape? The 203k loan may be a perfect way to purchase a home that is a little rough […]
Read More...January 6, 2021
Editor’s note: The USDA streamline refinance pilot program has been rolled out nationwide. It is now available in all 50 states and is called the USDA streamlined-assist refinance. The USDA […]
Read More...January 5, 2021
Editor’s note: Starting September 1, 2019, HUD, the administrator of FHA loans, reduced the maximum FHA cash-out refinance loan-to-value to 80%, down from 85%. What is an FHA cash-out refinance? […]
Read More...January 4, 2021
A 15-year mortgage can save you thousands of dollars in interest and you’ll own your home faster so a 15-year mortgage is better if you can afford it.
Read More...January 1, 2021
Editor’s Note: The FMERR Program expired September 30, 2019. However, Fannie Mae’s High LTV Refinance Option (HLRO) currently has no expiration date. Similar to FMERR, it’s a great loan option […]
Read More...January 1, 2021
Editor’s note: FHA loan changes which were rolled out in 2017 are in effect in . According to Ellie Mae, more lower-credit FHA applicants are being approved. In July 2016, […]
Read More...January 1, 2021
Putting Investment Property Equity To Work Cash out refinancing for primary residence (owner occupied) homes are gaining in popularity, but so are cash out loans for investment properties. While they […]
Read More...Home Buying · News · Understanding Mortgages
January 1, 2021
“Affordable Loan Solution” Offers 3% Down Loan A new loan program requires just 3 percent down and no mortgage insurance. The “Affordable Loan Solution” mortgage is a new loan program […]
Read More...January 1, 2021
A conventional refinance is any refinance loan that conforms to guidelines set by Fannie Mae or Freddie Mac. This type of refinance is available with as little as 3% equity […]
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