Posts Covering Mortgage Strategy

Why It’s Actually Risky To Make A 20% Downpayment

Making a large downpayment is not the conservative investment you believe it is. The risks of putting 20% down on a home are real. Know what you should do.

How Do I Avoid Paying Mortgage Insurance On My Mortgage?

Frightened about mortgage insurance? Don't be. In most cases, paying MI is temporary and, in others, a well-timed refinance can erase it completely.

The Family Mortgage: Borrowing From Loved Ones Instead Of A Bank

Looking for the "best deal" on a home loan? The best place to look may be within your own family. Learn how to draft your own intra-family mortgage note.

Why Re-Apply For That Mortgage? Because 14% Of Banks Just Loosened Home Loan Standards.

Mortgage lenders are making it easier to get mortgage-approved. A look at changing investor overlays, plus access to today's low mortgage rates which are near the lowest in U.S. history.

Renters: Are You Sure You’re Ready To Buy A Home?

For many people, it's part of the American Dream to own a home. Are you thinking of buying a home? Here's how you'll know if you're really ready to do it.

How Can I Increase My Home Equity?

Few assets build wealth as well as real estate does. Learn about home equity, how it works, and how you can accelerate its growth on your own home(s).

New Rules In Effect For Self-Employed Mortgage Borrowers

Good news for the nation's 14-million self-employed workers -- mortgage lenders are making it easier to get approved for a purchase loan or home refinance.

[CHART] Current Mortgage Closing Costs, Listed By State

Mortgage closing costs are down 7% annually, according to a survey. See where costs are highest, lowest. Get quotes for today's live rates.

Today’s 80/10/10 Piggyback Mortgage Is Not “Subprime”

The 80/10/10 mortgage is widely-available and buyers are using it to avoid PMI; and, to buy homes more cheaply. More on the program plus today's live rates.

Buying A Home? Here Are 5 Important Items To Remember.

Whether you're buying your first home or your tenth, it's easy to lead with your heart instead of your head. Here are 5 ways to keep your logical brain intact.

New “Credit Card” Rule Makes Mortgage Qualification Easier

A change in the way credit card debt is calculated makes it easier for to get mortgage-qualified. Read more about the change and see today's live mortgage rates.

3 Signs That You’re Ready To Buy Your First Home

Currently renting a home but want to transition into homeownership? 3 surefire ways to know whether you're ready to become a first-time home buyer .

Where To Begin: When You Want To Stop Renting & Start Owning

Mortgage rates are low and U.S. rents are rising, creating a rush of demand to purchase new homes. A look at how to get started in your planning process.

Methods For Increasing Your Home Equity & Growing Your Net Worth

Owning a home can build your net worth quickly. However, building net worth requires home equity. How to gain home equity, and how to accelerate its growth.

Head-to-Head: FHA Loan With 3.5% Down vs Conventional 97 With 3% Down

Comparing the FHA 3.5% downpayment program to the Conventional 97 program which requires 3% down. Analysis, plus complimentary mortgage rate quotes at near the lowest levels of all-time.

Consumers: “We Think Mortgages Are Too Hard To Get”

A survey of 1,000 readers of shows that consumers think it's too hard to get a mortgage approved in today's mortgage market.

The Many Names Of The “Refinance Mortgage”: FHA, VA, USDA, & Conv.

The "mortgage refinance" goes by many names -- The IRRRL, the FHA Streamline Refinance, the Rate-and-Term, and others. Which is which, and how to qualify for the one you want.

Homeowners Waking Up To Mortgage Refinance Possibilities

Mortgage rates are dropping -- far quicker than experts projected. It's sparking a refinance boom. Homeowners cite all sorts of reasons for doing a refi.

Shop For Mortgage Rates Without Wasting Time

With mortgage rates low, home sales are rising and refinance activity is, too. How to shop for a mortgage without wasting your time (or losing your patience).

“Should I Refinance?” – What To Do About Today’s Low Mortgage Rates

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

2015 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)