Posts Covering About Mortgages

5/1 ARM OR 15 Year Fixed? What’s Better In 2018?

When mortgage rates are on the increase, should you choose a 5/1 ARM (adjustable rate mortgage) or a 15-year fixed-rate loan? Both have advantages and drawbacks you should consider.

2018 mortgage real estate resolutions worth making

Your were partying on New Years Eve -- and that's okay January is well underway, and you forgot to make your resolutions. But it’s not too late. Better yet, why not make 2018 mortgage real estate resolutions that will help you buy a home quicker? Setting goals can help. By pinpointing your aims and pursuing […]

Should you lie on your mortgage application?

Are "white lies" okay on a mortgage application? How much harm can a little white lie on your mortgage application do? Well, quite a lot, actually. True, you're unlikely to face the maximum penalties that mortgage fraud can bring. You'd have to do something really bad to get 30 years in a federal penitentiary and […]

ARM Mortgage in 2018: No Longer The Wallflowers

96% of mortgage shoppers opt for a fixed-rate mortgage. But that could change as interest rates rise and homeowners want very low mortgage rates provided by an ARM mortgage.

15-Year Refinance Mortgage: A Smart Move In 2018

The 15-year refinance mortgage can get you a lower rate and shorten your payoff. Even when interest rates are rising.

Your state may let you deduct savings for down payments

Some states help with homeownership There is a small but growing number of states that are using their tax systems to encourage would-be homeowners to save for their down payments. Is yours one of those that allow you to make deductions? And how much help might you get? Read on to find out. Down payments […]

Home loans for staff and travel nurses 2018: Get approved despite variable pay, non-taxable income & employment gaps

Nurses often have outside-the-box pay structures and employment situations, and it's hard to get approved for a mortgage. Proven strategies to help RNs get a home loan.

90 percent of borrowers think they got a great mortgage rate — but did they?

A recent study showed that 90 percent of borrowers thought they got a great loan. But almost half of them did not compare, so they really don't know if they got the best mortgage rate or not.

Spam or scam? Is this mortgage advertising for real?

Mortgage advertising contains a minefield of information to pay attention t, and stuff to ignore as well. here's your guide to finding believable programs and mortgage rates

Simple mortgage definitions: loan-to-value (LTV)

Learn how to calculate your loan-to-value (LTV) and see what mortgage programs may be available to you. Mortgage rates available, too.

Simple mortgage definitions: debt-to-income (DTI)

Learn how to calculate your Debt-to-Income (DTI). See which mortgage programs and mortgage rates may be available to you.

Simple mortgage definitions: title Insurance

All about title insurance including how it works and which types of coverage homeowners require. Shop for the today's mortgage rates, too.

What is a mortgage refinance, in plain English

How to refinance a mortgage, plus explanations of "special" programs such as HARP, FHA Streamline Refinance, VA IRRRL. Get today's rates which are below four percent for many U.S. borrowers.

Tired of monthly payments? Here’s how to pay off your mortgage sooner

Want to pay off your mortgage faster? Here are four easy strategies to start now for big rewards later.

“Special” mortgages for teachers and other professions: real deal or marketing gimmick?

Many lenders offer "special" mortgage deals for teachers, doctors, or members of other professions. Are they actually a good deal, or is it just an advertizing trick?

Negotiating a better mortgage rate for your home

Mortgage laws have changed which makes it harder to pit lenders against one another. When you're looking for a better mortgage rate, how do you find it?

Mortgage made easy: How to prep for your mortgage application

The mortgage process doesn't have to be daunting. Here's how to set yourself up for success.

How long does it take to close on a house?

The faster you can close on a mortgage, the lower your mortgage interest rate can be. Know the steps in a mortgage approval, and where you cut time and corners to get to closing quicker.

Hack your home loan: most confusing mortgage disclosures

The most confusing mortgage disclosures are no longer completely awful to navigate. Actually, they are pretty easy, once you understand a couple of things.

Explaining mortgage discount points in plain english

Details on mortgage discount points. How they work and what they cost. Compare today's discount points and get today's live mortgage rates.

2018 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)