Posts Covering Mortgage Products

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.

2017 USDA Loan Income Limits & USDA Eligibility Check

About the USDA Rural Housing Program (Section 502), including household income limits for 2017. Lookup table by county, plus mortgage rates.

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.

USDA Loans – USDA Loan Rates & Requirements (Updated For 2017)

The USDA Rural Housing mortgage allows 100% financing and is available in most parts of the country. Review qualifications and get rates.

How To Buy A Home On $50,000 Per Year

You may be able to buy a home on $50,000 a year with today's low interest rates and special mortgage programs.

Which “Low-Doc” Streamline Refinance Program Is Best For Your Mortgage?

Streamline Refinance programs waive income, asset, credit and employment verification, simplifying the approval process. Appraisals aren't required, either.

3 Questions To Ask When You’re Considering An Adjustable-Rate Mortgage (ARM)

Choosing an adjustable-rate mortgage (ARM) instead of fixed-rate loan can be a great way to save money on your loan. But, is it really your best choice?

Crazy Mortgage Programs That Really Exist

Mortgage programs are not just for "plain vanilla" borrowers anymore. Here are loan types that can get "out of the box" home buyers approved.

No, You Don’t Need 20 Percent Down Or Even Close To It

Downpayment notions from decades past no longer apply. Home buyers have access to new options that are changing the way people finance homes.

Getting A Mortgage On A Second Home / Vacation Property

Home prices are rising. Buying a second home purchase might pay off, and give you a sure vacation spot. How to qualify for a second home mortgage.

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.

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.

HomeReady™ Mortgage: Updated Eligibility, Rates, & Mortgage Guidelines

Easy-to-read HomeReady™ home loan guidelines with current mortgage rates attached. Use income from relatives & non-relatives to get approved for a mortgage.

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.

Find A Mortgage For An “Unapproved” Condo

Unlike single-family neighborhoods, condo and townhome communities must be approved by lending agencies. What to do if your desired condo or townhome is not approved.

Buy A Home With Less Than 10 Percent Down

Most people still think you need at least ten percent down to buy a home, according to the NAR. That's just not true. You can buy with zero, three, 3.5 or five percent down with many products.

HELOC: How Is It Useful For Today’s Homeowners?

Does a HELOC make sense for you? Today’s low rates and costs can make home equity lines of credit a good value, if you shop carefully and choose wisely.

HomeSteps : Freddie Mac Homes At 5% Down & No Mortgage Insurance

Freddie Mac offers discounted properties with favorable financing options via its HomeSteps program.

3 Conventional Loans That Meet Or Beat FHA Flexibility

Government-backed programs are no longer the only low-downpayment option. Conventional loans now offer similar benefits.

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.

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)