Posts Covering Mortgage Products

Do A Cash Out Refinance On Your Rental Property : 2017 Guidelines And Mortgage Rates

Rates are low, home prices are up, and lenders are loosening cash out refinance rental property guidelines. How to cash out a rental, putting the equity to work.

7-Year ARM Rates Perfect For Modern Homeowners

Ninety-five percent of mortgage consumers will opt for a fixed rate mortgage, but they could be skipping over significant savings and low risk found in 7-year ARM rates.

Using A Home Equity Line As Your Down Payment

Most homeowners don't realize they can tap into their home equity to buy another home -- before they sell. Success story of someone who did it.

Quick Read: Bank Statement Loan Program Success Story

The bank statement loan is perfect for those with a lot of income, but not a lot of the tax-return-documented kind.

You Don’t Need A 20% Downpayment To Buy A Home

You don't need to make a 20% downpayment to purchase a home. Review popular low- and no-downpayment mortgage programs and get a complimentary mortgage rate quote.

Do No Doc Mortgages Still Exist?

No doc mortgages used were highly popular before the mortgage crisis, and some lenders may be creeping slowly back into that crazy market. But are the loans the same?

How To Get A Mortgage For Rental Or Investment Property

Financing a rental home? It's harder than buying a primary residence, because rental property is riskier for mortgage lenders. Here's what you need to know.

Should You Get A Mortgage From A Credit Union?

Your credit union might offer a good deal on a mortgage when you buy or refinance. Or not. Here's what you need to know about credit union mortgages, and how to get the lowest rate no matter who provides your financing.

Refinance Your ARM To Another ARM?

If you have an adjustable rate mortgage that's about to reset, you're probably concerned. In a rising rate environment, ARM loan interest rates and payments can skyrocket. But you refinance your ARM to another ARM before that happens.

Downpayment Options: From 0% Down To 20 Percent Or More

Today's low rates and mortgage programs empower home buyers to make a large or small downpayment, or opt out of one altogether.

Is A Jumbo Mortgage Better Than A Conforming Home Loan?

Today's jumbo mortgage rates are similar to those of standard conforming loans. But, they come with a different set of rules. Will you qualify?

Convertible HELOC Lets You Convert To A Fixed Rate

The convertible HELOC combines the flexibility of a HELOC with the stability of a fixed interest rate.

HECM Reverse Mortgage: Who Should Consider It?

For the right person, the HECM reverse mortgage is an outstanding product. But it's not for everyone. Learn about the program, and alternatives.

HELOC Or Home Equity Loan? What’s Best For You?

Home equity loan or HELOC? The best loan for you depends on how you plan to use it.

4 Cash-Out Refinance Options That Put Your Home Equity To Work

Home values are rising, and homeowners are no longer sitting on their equity. Four cash-out options are helping owners accomplish financial goals.

3 Ways To Cut The “Standard” 20% Downpayment In Half

A ten percent downpayment can give you the benefits of a bigger downpayment at half the initial upfront investment.

4 Niche Loan Options That Are Helping New Home Buyers

Lesser-known mortgage options can help home buyers find the right fit for their budget. Here are four options you may not have heard about.

Will Your HELOC Payment Skyrocket When The Draw Period Ends?

What happens to your HELOC payment when the draw period ends and you have to start repaying the loan? Here's what you need to know to keep your payments affordable.

Low- and No-Money-Down Mortgages For 2017

There are many mortgage programs for buyers who want no-money-down home loans, or loans requiring just a small downpayment. This is a review of 8 of them.

Downpayment Options: From 0% Down To 20 Percent Or More

Today's low rates and mortgage programs empower home buyers to make a large or small downpayment, or opt out of one altogether.

2017 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)