YOUR FIRST HOME LOAN: 7 TIPS FOR SUCCESS
SHOULD I APPLY FOR A MORTGAGE WITH BAD CREDIT?
PRE-QUALIFIED VS. PRE-APPROVED: WHAT’S THE KEY?
MORTGAGES FOR MILLENNIALS- YOUNG BUYERS FINALLY SAYING YOLO!
MORTGAGE TYPES: WHICH IS BEST FOR YOU?
COULD AN FHA LOAN BE YOUR BEST OPTION?
FHA loans were first originated back in 1934 and over the years have developed into one of the most competitive mortgage programs in today’s market and especially so for first time home buyers. What makes an FHA a good option to finance a home and why do borrowers like them? FHA loans are one of the three primary government-backed mortgages, the ot .....POSTED ON October 5, 2017
Considering a Cash Out? Use Your Home’s Equity
When homeowners refinance their existing mortgage they have plenty of options and choices they need to make. For most borrowers who refinance, the primary motive is more than likely to obtain a lower rate. There are other good reasons, two of which are to refinance out of the instability of an adjustable rate loan into a fixed rate loan and to swit .....POSTED ON October 5, 2017
CAN I QUALIFY FOR A HARP 2.0 IF I'VE BEEN DENIED IN THE PAST?
One of the factors that helped our economy pull out of the recession caused by the financial crisis was the introduction of the Home Affordable Refinance Program, or HARP. First introduced in 2009 then later revised in 2011 this refinance program allowed borrowers to refinance their mortgages even though they owed more than the home was currently w .....POSTED ON October 5, 2017
WHEN AND WHY SHOULD SOMEONE CASH OUT REFINANCE?
A cash-out refinance is nothing more than pulling out equity in the form of cash while refinancing an existing mortgage. Yet some may wonder if taking out equity is a good idea and if so, when does a cash out refinance make sense?There are three primary reasons for someone to refinance an existing mortgage. One is to obtain a lower rate and reduce .....POSTED ON October 5, 2017
WHAT TYPE OF LOAN CAN A MANUFACTURED HOME BUYER TAKE OUT?
When someone is considering a manufactured home they will often ask if there are mortgage programs available just like with any other type of property and if so are they competitive? The answer is there are several loan options and they’re just as competitive as most any other type of home loan. Manufactured housing is becoming increasingly popular .....POSTED ON October 5, 2017