Posts Covering Mortgage Products

How Long Would It Take You To Save For A 10% Down Payment?

For buyers in Hawaii, it would take more than 25 years just to save 10% for a down payment on a home. Thankfully, you don't need to save for 10%. Mortgage options are plenty for today's buyers of homes.

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?

Fannie Mae HomePath Mortgage: Low Downpayment, No Appraisal Needed, And No PMI

About the Fannie Mae HomePath Mortgage program plus details for getting approved. Read more about HomePath. Get today's live mortgage rates.

USDA Home Loans – USDA Loan Rates & Requirements

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

The HomeStyle® Renovation Loan: A Less-Expensive Construction Loan Than The FHA 203k?

Using the Fannie Mae HomeStyle® Renovation loan to finance home improvements can be cheaper and more efficient than the FHA 203k rehab loan. Read more.

Mortgages For Log Homes, Tiny Homes, Green Homes, And Other Unique Properties

A man's home may be his castle, but if it's REALLY a castle, he'll have a hard time mortgaging it. How to find financing for your homes with unique traits.

Fannie Mae Conventional 97 Mortgage Requires Just 3% Down

Another low-downpayment option is available to today's home buyers. The 97% LTV program can be used to refinance, too. Q&A plus access to live rate quotes.

Low- and No-Money-Down Mortgages For 2016

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.

What Is a Second Mortgage?

Having two mortgages attached to your home is not a bad thing. For years, U.S. homeowners have used second mortgages for basic financial security.

Fannie Mae Replaces MyCommunityMortgage With The HomeReady™ Mortgage

Fannie Mae retired the MyCommunityMortgage, replacing it with the HomeReady home loan. HomeReady offers discounted mortgage rates and requires just 3% down.

HomeReady™ Mortgage: Eligibility, Rates, & Guidelines for 2016

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

The 5-10 Properties Program Is For Investors With More Than 4 Properties Financed

Investor with more than 4 properties financed? Use Fannie Mae's standard 5-10 Properties Program. How to apply plus today's mortgage rates.

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.

Fannie Mae’s HomePath Replacement: The Home Ready™ Mortgage

Fannie Mae replaced its HomePath mortgage with a new, 3% down program called Home Ready. First-time buyers and investors have used the program with success.

USDA Streamline Refinance Program: No Credit Scores, No Appraisals

The USDA has launched its own version of the streamlined refinance program, similar to HARP and the FHA Streamline Refinance. No credit scores, no appraisals, and very low mortgage rates.

“Delayed Financing” Mortgage: Buy Today, Cash-Out Tomorrow

Special loan program lets buyers do a cash-out refinance the next day after purchase. No special requirements. Program review & complimentary rate quote.

Fannie Mae Lowers Mandatory Waiting Period After Bankruptcy, Short Sale, & Pre-Foreclosure

Effective immediately, the waiting period after a "significant derogatory event" is reduced by half. Read about the Fannie Mae, and get today's live rates.

100% Loans: 2015 USDA Loan Income Limits & USDA Eligibility Check

About the USDA Rural Housing Program (Section 502), including household income limits for 2015. Lookup table by county, plus mortgage rates.

USDA Loans Offer 100% Financing To Today’s Mortgage Shoppers

The USDA mortgage program offers 100% financing, reduced mortgage insurance costs, plus access to a streamline refinance program. Read more and get today's live rates.

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.

2016 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)