December 2, 2022
When you apply for a mortgage, the lender wants to ensure that you have the financial resources to repay the loan. If you don’t have standard proof of income, like pay stubs and W-2s, then a lender might approve your mortgage based on other financial factors.
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December 1, 2022
Mortgage Rates Today The number of mortgage applications decreased 0.8% as reported by Mortgage Bankers Association. “Mortgage rates declined again last week, following bond yields lower. The 30-year fixed mortgage […]
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December 1, 2022
Homeowners who have waited patiently to see if rates will go lower finally have their chance. According to Freddie Mac, the 30-year fixed-rate mortgage fell to the lowest rate ever […]
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November 30, 2022
There are a number of home loan products that allow borrowers to make a low-down payment—and some require no down payment at all.
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November 20, 2022
Getting a mortgage can be daunting — especially for first-time home buyers. There are so many mortgage lenders, and the differences between lenders and loan programs aren’t always clear. The […]
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Conventional Loans · Home Buying
November 15, 2022
Editor’s note: Fannie Mae discontinued the HomePath program on October 6, 2014. Buyers must have had a completed home purchase contract dated on or before this date to use the […]
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November 15, 2022
Commonly known as VA home loans, mortgage loans backed by the Veterans Administration offer Veterans and active-duty servicemembers a way to buy a home with zero down payment and lenient […]
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Home Buying · Niche Mortgage Products · USDA Home Loans
November 15, 2022
That perfect piece of land with mature trees and a lake has come up for sale. Your family has talked about building a house in the next few years. Now, […]
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November 15, 2022
There’s no one-size-fits-all answer to this one and it’s going to depend on a number of factors, including the type of mortgage you want and your personal financial circumstances.
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November 15, 2022
If you want to buy a home without a large down payment, there are plenty of government-backed programs available. But the opportunities don’t end there. Fannie Mae and Freddie Mac […]
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