Posts Covering Mortgage Products

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.

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.

2016 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.

Your Job Could Give You Access To Better Mortgage Programs

These programs can help certain professionals overcome home buying challenges that relate to their line of work.

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.

Downpayment Options From 0% To 20% Or More (USDA, FHA, VA, Conv)

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

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.

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.

USDA 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.

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.

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.

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

The waiting period before you can make a mortgage application after a "significant derogatory event" has been cut by half. Get more on Fannie Mae's update.

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.

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.

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.

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)