Articles

Best Ways to Refinance a Mortgage with No Equity in 2017

In the past, it was challenging to find a mortgage lender that would allow you to refinance your mortgage at a reasonable interest rate if you had little to no equity. If you have no equity, it means that you have little stake in the property if you were not to pay the mortgage. Thus,… Read More »

Top 3 Home Loan Programs in a Booming Housing Market

The housing market in 2017 is strong. Home prices continue to go up in most parts of the country. And it gets better! We are more than halfway through the year, and not only have mortgage rates not gone up much after the Fed hiked rates several times. Home loan rates have actually dropped! That’s… Read More »

5 Ways to Know When It’s Time for a Mortgage Refinance

Low interest rates in 2017 have many home owners thinking it could be time to get a mortgage refinance. But financing experts advise that there are more things to consider than simply what the current rate is. If you are thinking about refinancing, here are some good tips and signs to keep in mind that… Read More »

2017 Requirements for VA House Loan Benefits

Active military and military veterans often have a great mortgage loan option – the VA house loan. This government-backed program offers significant financing incentives for military families in the United States. VA home loan programs are backed by the Department of Veterans Affairs and are an excellent option for millions of Americans who are or who… Read More »

Comparing HELOCS to Reverse HECMs for Seniors

Older Americans over the age of 62 who own their home with a lot of equity may be considering pulling out some of their equity for various reasons. Perhaps they want to invest in real estate or a business. Or, maybe they need the money to care for a loved one with a health problem.… Read More »

2017 Requirements for USDA Home Loans

Renters who want to buy a piece of the American Dream and get a home of their own in 2017 may want to consider a USDA loan. USDA home loans are available with 100% financing, low mortgage rates, affordable payments, and plenty of underwriting flexibility. If you are weary of paying someone else’s mortgage, it’s… Read More »

7 Signs It’s Time to Refinance Your Mortgage

People who own a home and have a mortgage are often watching current mortgage interest rates. They want to figure out if now is the best time to refinance their mortgage. This is always a gamble because one can never say for certain what mortgage rates will be, other than today at this exact moment.… Read More »

5 Secrets to Get a Pre-Approval for Mortgage Loans in 2017

Shopping around for a new home is a lot of fun, but people who are really serious about buying a home should seek a pre-approved mortgage from lender people trust. As a potential home buyer, you will have a lot of credibility and knowledge on your side if you get a pre-approval mortgage letter from… Read More »

2017 Guide to VA Home Loans

Are you active or retired military? You may be able to qualify for a Veteran’s Administration financing, also known as the VA home loan. For borrowers who are or were in the US military, VA home loans are one of the best options for people serving in the U.S. Armed Forces to buy a house.… Read More »

8 Tips to Negotiate Fees When Home Refinancing

Refinancing a home loan can save you big every month, but watch out for some of the costly fees that come with that lower interest rate. The less you pay for closing costs and lending fees, the more money you will have saved for other important things. Learning which fees are negotiable on a home… Read More »

How to Buy a House with Zero Down Home Loans

Buying a home with no money down allows a home buyer with little to or no deposit by using zero down home loans that requires no down payment. These 100% financing home loans are much rarer today than a decade ago. But there are several no down payment loans you may be able to qualify… Read More »

Things to Beware About with Online Appraisals

When you are buying a home or refinancing, you will need to have the home appraised. An appraisal is simply a complete report from a licensed appraiser that determines what the value of the home is based upon several factors: How big it is When it was built Features and amenities General condition Location When… Read More »

New High LTV Refinance Program Replaces HARP

A new 2017 high LTV refinance program was just announced to Help Underwater Homeowners as HARP is set to expire. The outlook for mortgages is still excellent in early 2017, with rates rising above 4%. Even though rates have increased in the last six months, 30 year fixed mortgages are still near historical lows. High… Read More »

VA Loan Guide for Military Home Buyers

There are many great home financing advantages to being a military veteran or active military. One of the biggest pluses that you can enjoy is getting a VA loan with competitive interest rates, low closing costs and no down-payment required. A VA loan is guaranteed by the Veterans Affairs Administration. This means that if you… Read More »

Why 2017 is a Great Year to Buy Home with Limited or No Doc Loans

The housing market was hot in the early and mid-2000’s, as most of us remember. That was when no documentation home loans became popular. In 2017 it seems that no doc loans may be making a comeback of sorts. Lenders are introducing new more aggressive home buying programs with limited and reduced income documentation required.… Read More »

8 Silly Mistakes to Avoid When Mortgage Refinancing

In early 2017, interest rates are still in the low 4% range. This makes mortgage refinancing still a tantalizing and appealing possibility for many Americans. Don’t call your mortgage broker just yet, however. Did you know that many homeowners make silly mistakes when home refinancing that cost them big bucks in both the short and… Read More »

9 Reasons Why Military Vets Should Buy a Home with a VA Loan

For most military vets and active military, VA loans are one of the best financial tools to buy a home on the market. A VA home loan is backed by the Veteran’s Affairs Administration. A VA mortgage is normally a no down payment loan that offers housing affordability with competitive low VA loan rates. Given… Read More »

Top 12 Cities for First Time Home Buyers in 2017

Only 35% of people under 35 in America owned their own home in 2016. While some may think that owning your own home is hard to afford, it’s not really true….if you know the best places to look! A recently home buying report by SmartAsset found the best and most affordable cities to buy a… Read More »