Posts Covering Mortgage Strategy

5 Mortgage Calculator Features You Are Not Using, But Should

A mortgage calculator should let you determine much more than a monthly payment. Look at all affordability factors with these little-known features.

HOA Dues Can Make A Condo More Spendy Than A House

You might be able to buy a free-standing home for the same monthly cost as a condominium. Use an HOA dues-enabled mortgage calculator to find out.

4 Ways To Get A Better Mortgage Rate Quote

Today's mortgage rates are low. Plus, with even just a tiny bit of preparation, you can get your lender to quote you even lower.

Should I Refinance? – Today’s Mortgage Rates Holding 2017 Lows

"Should I refinance my mortgage?" An analytical look at reasons to refinance, plus how to lock today's mortgage rates with no closing costs.

Why You Shouldn’t Pay Off Your Mortgage Early When Rates Are Rising

Should you pay off your mortgage early when rates are rising? Probably not, and here's why.

Safely Make A Big Purchase When Buying a House

Making a major purchase can affect your mortgage qualification status. But there are a few smart ways to make big purchases while buying a home.

First-Time Home Buyer’s Guide: Making A Downpayment

This post discusses down payments; and, is part of a four-part series meant to help first-time home buyers buy their first home, and get approved for their first mortgage.

Don’t Think You Can Buy Again After Bankruptcy? Actually, You Can

A bankruptcy doesn't disqualify you from owning a home again. Getting approved for a new mortgage can happen in as little as one year.

Need a Fast Refi? Now Could Be The Perfect Time

Lenders are closing refinances fast. That could help compensate for slightly higher rates. Borrowing costs are reduced with faster close times.

Will Your HELOC Payment Skyrocket In 2017?

Second mortgage payment can increase when the loan "resets," or enters its full repayment period. Create an exit strategy before your payments rise.

My Home Didn’t Appraise For Its Purchase Price. Now What?

What to do when you home fails to appraise for its purchase price, or when your home appraisal is turned down because of loan-to-value (LTV).

Can An Assumable Home Loan Help You Sell Your House?

An assumable home loan can help sell your home faster, or get you a better price. This is especially true in a rising rate environment.

Bi-Weekly Mortgage Payment Programs: Will You Pay Your Mortgage Faster?

About the bi-weekly mortgage payment program, and whether it's an effective way to own your home faster. Analysis, plus today's live mortgage rates.

Avoiding PMI Is Costing You $13,000 Per Year

"Experts" tell you to avoid private mortgage insurance (PMI). They don't tell you, though, that you could be leaving five-figure returns on the table.

How To Use Your Mortgage “Cash-Out” Refinance

The cash-out refinance is back. With mortgage rates low and home values rising, homeowners reason and opportunity to cash out their real estate holdings.

6 Common (And Totally Avoidable) Mistakes When Applying For Your Mortgage

More than 75% of mortgage applications go through. The other 25% may have made a mistake along the way. How to avoid mistakes when applying for a mortgage.

Home Equity And HELOC: Refinance Or Combine

A HELOC refinance involves many factors. Here's a rundown on all your options when your HELOC rate increases.

Read This Before Borrowing From Your 401(k) To Purchase A Home

When buying a home, 401(k) retirement plans can be used to fund your downpayment. How this choice affects your finances, and a review of your other options.

How To Get The Lowest Mortgage Rates Despite The Recent Spike

2017 mortgage rates are higher than those of last year. But consumers are still capturing their lowest rate with these strategies.

Refinance Options When You Lose Income, Experience A Financial Setback

Today's rates make a refinance a good decision if your income has been reduced or you've encountered another financial challenge. These programs can help.

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)