If you served in the military a VA mortgage if you can qualify supports, the maximal amount of borrowing power with the lowest possible payment. Here are some things to consider when … [Read More…]
Can you use roommate income to get a mortgage?
Refinancing or purchasing a house requires an apple supply of cash, credit and income. Here’s what you need to know with regards to getting a mortgage loan with roommate income. Generally, to … [Read More…]
These two conventional mortgage loan programs will get you a better interest rate and terms
When you’re buying or refinancing a house it goes without saying you want to get a competitive interest rate with favorable terms associated with the money you are borrowing. Two programs that … [Read More…]
This change to FHA Loans might help you land a mortgage more easily
Fannie Mae and Freddie Mac have a very conservative calculation when it comes to using rental income to qualify. Here’s what you need to know if you’re getting an FHA mortgage and … [Read More…]
5 quirky refinance scenarios that work
5 quirky refinance scenarios that work In the last few years mortgage lending guidelines have begun to loosen as the broader economy is stronger now that the recession has past. Following refinance … [Read More…]
Why getting a 30 year fixed rate mortgage is a smart financial move
If you’re purchasing or refinancing a house the 30-year fixed-rate mortgage was and is currently the staple of the broader mortgage market. The 30-year mortgage has its pros and cons and here … [Read More…]
How child support and alimony can affect your ability to get a mortgage
How child support and alimony can affect your ability to get a mortgage When you apply to purchase or refinance a home the mortgage lender takes into consideration all your monthly fixed … [Read More…]
These little lending nuances may help you land a mortgage
Getting a mortgage in 2018 there is a bureaucratic and compliant process with a significant amount of paperwork involved. Following is some tips on various loan programs available in the marketplace you … [Read More…]
Why you need to buy a house if you have access to cash
Buying a house is probably the largest financial transaction most people will ever take on. Following is why you need to consider purchasing a house if you have access to cash… Buying … [Read More…]
Why this factor will not matter when refinancing
If it has been a few years since you took out a mortgage loan, be prepared for questions, and to thoroughly document everything. A critical characteristic of good character is payment history. … [Read More…]
