Many people desiring to refinance are taking advantage of historically low-interest rates. One of the challenges when refinancing your house is when you have a second mortgage. Here is what you need … [Read More…]
Here’s 3 types of pricier mortgages
When you’re in the market to get new mortgage loan financing it can seem like it’s an endless navigational process to figure out what loan amount, what interest rate, what program what … [Read More…]
Can you get a mortgage if you are furloughed?
Many employers have furloughed employees due to work capacity, financial constraints other reasons. If you’re furloughed with your current job more than likely you’re going to have a difficult time getting a … [Read More…]
How to get a mortgage when your self employed income is tricky
Not always, but traditionally, self-employed borrowers have a hard time securing mortgage loan financing. If you are filing self-employed and you are trying to get qualified for mortgage financing here are some … [Read More…]
How the new PPP Loan may adversely affect your mortgage
If you’re looking for mortgage loan financing and you have taking out or considering the new federal paycheck Protection Program mortgage loan here’s some things you need to know… Residential Mortgage financing … [Read More…]
New loan limits for 2020 makes getting a mortgage easier
The Federal Housing Finance Agency which oversees loans bought by Fannie Mae and Freddie Mac announced to change to the conforming loan limit last week. Here’s what the change means for you… … [Read More…]
What to expect with mortgage rates over the next few months
If you’ve been waiting to pull the trigger on a new house purchase or a refinance and you’re waiting for an interest rate you may get your wish over the course of … [Read More…]
Should you Cash out refinance and remodel or buy another property?
Homeowners who have outgrown their houses may be considering the possibility of buying another property or just staying put and remodeling the one they already have. Here are some things to consider … [Read More…]
No more VA Loan Limits in January 2020!
HR 299 is a new VA Bill recently signed by the president that makes some big changes to VA financing. If you’re thinking about buying a house and you’re an eligible VA … [Read More…]
Could the 30 year fixed mortgage get to 3%?
Interest rates right now are very close to their all-time historical lows. We’ve seen this a few times before. Here’s what you need to consider when getting what you perceive as the … [Read More…]
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