Dive into our comprehensive collection of articles that cover a wide range of subjects. Whether you’re a novice or an expert, there’s something new to learn.
If you are looking for the lowest possible monthly payment, the interest only mortgage loan may be the solution. This unique type mortgage doesn’t make you pay on principal at first; you only pay interest on the home loan and that reduces your monthly payment initially. Borrowers love interest only mortgages because they increase cash… Read More »
The main advantage of an adjustable rate mortgage is a lower starting rate. In September 2026 that gap is unusually wide — the 5/1 ARM averages around 6.25% while the 30-year fixed runs 7.22% to 7.45%. On a $400,000 loan, that’s roughly $250 a month. The catch is in the name. The rate adjusts, and… Read More »
In 2026, conforming loan limits—the maximum mortgage amounts that Fannie Mae and Freddie Mac will purchase—have increased nationwide to reflect rising home prices. The Federal Housing Finance Agency (FHFA) announced an increase in the conforming loan limits, reflecting the ongoing rise in U.S. home prices baseline limit for a single-family (one-unit) home in most U.S.… Read More »
Securing a $750,000 mortgage does not have to be difficult, but understanding the intricacies of house loan qualifications, financial prerequisites, and strategic planning is paramount. The RefiGuide created this comprehensive mortgage guide aiming to illuminate the path, providing you with the essential knowledge to successfully obtain a $750,000 home loan. How to Get a $750,000… Read More »
The Downpayment Toward Equity Act is a legislative proposal aimed at assisting first-time, first-generation homebuyers in overcoming financial barriers to homeownership by providing substantial grants for down payments and related expenses. As of February 20, 2025, the Act has been introduced in Congress but has not yet become law. However, understanding its provisions and preparing… Read More »
Embarking on the journey to homeownership is a significant milestone, often accompanied by a mix of excitement and apprehension. Recognizing the right moment to apply for a mortgage loan is crucial to ensure a smooth and successful experience. 7 Signs When You Should Apply for a Mortgage Loan The RefiGuide has been helping home buyers… Read More »
Yes — land can be used as equity in a construction loan, and it is one of the most powerful strategies available to reduce or completely eliminate your cash down payment when building a home in 2026. When you own land free and clear — or have significant equity in land you are still paying… Read More »
An asset depletion mortgage loan is a unique financing option designed for borrowers with substantial assets but limited income. Unlike traditional mortgage loans, which rely on steady employment income, an asset depletion loan allows lenders to calculate a borrower’s repayment ability based on their liquid assets. Asset Depletion Mortgage Highlights Your savings become your income,… Read More »
Yes — you can use rental income to qualify for a mortgage in 2026, but lenders apply strict documentation and calculation rules before counting it toward your qualifying income. For an existing rental property, most conventional mortgage lenders follow Fannie Mae guidelines requiring two years of rental history documented on Schedule E of your federal… Read More »
For eligible veterans and active-duty service members looking to purchase high-value homes, VA jumbo loans offer an exceptional mortgage solution. These veteran loans combine the benefits of VA-backed home financing with the ability to borrow above conventional loan limits, making them a superior option for those who qualify. Jumbo VA Loan Highlights There’s no VA… Read More »
