About Mortgages - Page 10

Millennial first-time homebuyers face a long slog if they try to come up with the "standard" 20 percent down payment for a home. But luckily, they don't need 20 percent. Or even 5 percent.

How do experienced investors buy property fast without paying all-cash? With "hard money."

Don't you want to pay off your mortgage as soon as possible? One couple did it in just 4 years! Here's how you can pay off your mortgage faster than you thought you ever could.

Need a mortgage with a low credit score? It's possible if you are otherwise well-qualified or prepared to pay more for your home loan.

A mortgage rates drop can save you money. Be sure you're ready to take advantage when this occurs.

You can find jumbo home loans with down payments as low as 5 percent. And there are other options as well.

The Federal Housing Finance Agency (FHFA) is raising Fannie Mae and Freddie Mac home loan limits to $484,350 in 2019. The 2019 mortgage limits can be found right here for single and multi-unit properties.

Learn how many houses you should look at before making an offer to be sure you found the best value on your new home.

Average down payments aren't as big as you think. Most home buyers only put down about 5%. Find out the right down payment level for you.

Should you get pre-qualified or pre-approved before you shop for homes? Learn about pre-qualification versus pre-approval here.

What are the costs to sell a home? It depends, but some costs are more typical than others. Don't want to pay them? That's part of your negotiation.

You don't need great credit to buy a house. In fact, credit scores of just 580-620 can often qualify for a mortgage.

Why does your lender require a Form 4506-T? To verify your income. However, not all lenders or programs do. And you can protect your information by completing the form completely.

Condo vs. house: Which is better? Both have their benefits and drawbacks. Learn more about both options here.

If you're selling a home, closing day is a big deal. How it goes depends on if your buyer has a mortgage, the state in which the property is located, and the lender policies.

Every mortgage borrower needs a mortgage rate lock. You can't close on a home without one. Advice on getting the best rate lock possible for your loan.

Second home sales reached nearly 1 million in 2015. Financing options are now easier to find and buyers are finding solid value in leisure residences.

You can get approved for a mortgage after bankruptcy in as little as one year. But there are a lot of details to get through. Here are your FAQs about getting a mortgage after bankruptcy.

When your mortgage status is "transfer to processor" what does that mean? Your mortgage loan processor is the person who communicates between you, your loan officer, underwriting and closing officers. Processors are arguably the most important people you'll encounter during your escrow.

You can buy and finance property in the United States, even if you're not a citizen. The foreign national mortgage takes many forms, from government-backed loans like FHA to private financing for non-residents.