Posts Covering Mortgage Products

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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)