Tim Lucas (NMLS #118763 ) is editor of MyMortgageInsider.com. He has appeared on Time.com, Realtor.com, Scotsman Guide, and more. Connect with Tim on Twitter.
January 20, 2022
Mortgage Rates Today The number of mortgage applications decreased 7.1% as reported by Mortgage Bankers Association. “Applications to buy a new home slowed in December, while the activity remained tilted […]
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December 26, 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, […]
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Home Buying · News · USDA Home Loans
December 23, 2021
USDA home loans offer 100% financing, low rates, and affordable payments. These loans are becoming more popular by the day, as buyers discover an easier way to buy a home […]
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Conventional Loans · News · Refinance
December 23, 2021
A conventional refinance is the loan of choice for many homeowners in today’s market. While HARP and FHA have dominated the refinance market in years past, the standard conventional refinance is becoming […]
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Conventional Loans · Home Buying · News
December 23, 2021
What is a Conventional 97 Loan Program? The 97% loan-to-value (LTV) purchase program allows homebuyers to purchase a single-family home, condo, co-op, or PUD with just a 3% down payment. […]
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December 13, 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 […]
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September 29, 2021
Low Income Home Loan Options Give You Hope Thanks to the many low-income home loans available today, you can be a homeowner even if you don’t make a lot of […]
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September 29, 2021
In a rising market, like the one many home buyers are experiencing, it’s possible for buyers to come up short on financing when the appraised home value is less than […]
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FHA Loans · Home Buying · USDA Home Loans · VA Home Loans
September 29, 2021
100% Financing Home Loans for New and Repeat Home Buyers 100% financing home loans are mortgages that finance the entire purchase price of a home, eliminating the need for a […]
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Ask Tim · Conventional Loans · FHA Loans · Private Mortgage Insurance
September 29, 2021
Q: I have good credit of about 730. I meet the requirements for both FHA and Conventional 97. I plan to live in the home for 6+ years. Which has […]
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