RefinanceJune 24, 2021My home appraised below purchase price. What now?What happens if your home appraisal is lower than the purchase price? Or your refinance appraisal comes in too low? Here are your next steps.
Buying a homeJune 24, 2021What happens after underwriting? Mortgage approval and closingFinal approval from the underwriter is a big step, but it's not the last step. Your lender will conduct a final review and some quality control.
Mortgage RatesJune 22, 2021What are mortgage teaser rates? Teaser rates explainedA mortgage teaser rate is a low introductory rate that can rise later on. These interest rates offer great deals, but they can be risky. Learn more here.
Mortgage RatesJune 21, 2021Late-2021 mortgage rate predictions: How high will rates go?Will rates drop again in 2021? Or will they keep going up? We asked 10 experts for their mortgage rate predictions. Here's what we found.
First-Time Home BuyersJune 18, 2021First-time home buyer loans: Low or no money down (Podcast)This podcast covers low- and zero-down first-time home buyer loans. Get advice for home buying and paying closing costs with very little out of pocket.
Mortgage ProductsJune 16, 2021Energy efficient mortgage (EEM): What it is and how it worksAn energy efficient mortgage lets you buy or upgrade a green home with energy efficient improvements. Check your EEM options here.
About MortgagesJune 8, 2021Can stipend income be used to qualify for a mortgage?Stipend income typically doesn't count as income for a mortgage. But it might still help you qualify. Here's what to know before you apply.
Buying a homeJune 2, 2021How much income do you need to buy the average house?Home prices are on the rise. How much income do you need to buy a house in today's market? With good credit and savings, it might be less than you think.
Mortgage NewsJune 2, 2021RefiNow and Refi Possible: Low-income refinance options 2021A new refinance option from FHFA could help low-income homeowners save $2,000 per year or more. Learn about program rates and requirements here.
Mortgage StrategyJune 1, 2021Is an ARM loan a good idea in 2021?Is an ARM loan a good idea right now? If you're thinking of getting one, you need to learn about the pros and cons of ARM loans in today's market.
Mortgage RatesMay 27, 2021Should I lock a mortgage rate today? Rate lock strategiesWhen should you lock a mortgage rate? Ideally, after you're approved for the loan and found the lender offering your lowest rate.
Mortgage NewsMay 25, 2021Mortgage requirements are loosening for home buyersMortgage requirements are easing up. That's good news for home buyers. It may be easier to buy with low credit or a low down payment than it was in 2020.
RefinanceMay 24, 2021How refinancing affects your credit score, and vice versaDoes refinancing hurt your credit? Done correctly, the effects of refinancing should be tiny. But you need to know how to protect your score.
Mortgage RatesMay 18, 2021Mortgage rates and inflation: Why are rates going up?What's the relationship between mortgage rates and inflation? Learn why high inflation might cause mortgage rates to go up this year.
Real EstateMay 14, 2021Financial steps to building a house: The complete guideLearn about the financial steps to building a house. This guide covers construction costs, loan options, construction loan rates, and more.
VA LoansMay 13, 2021The VA Energy Efficient Mortgage (EEM): What it is and how it worksThe VA Energy Efficient Mortgage (EEM) is a special loan program to finance the cost of energy-efficient improvements with low rates and zero down.
Buying a homeMay 11, 2021Buying a house is a great investment — if you need a homeIs buying a house a good investment? It depends on your goals. A house is a great investment if you need a place to live, but may not maximize your returns.
VA LoansMay 10, 2021How to apply for a VA home loan: Process and requirementsLearn how to apply for a VA home loan. Follow this step-by-step process to access your VA home loan benefits and buy or refinance a house at a low rate.
Mortgage NewsApril 28, 2021Biden’s first-time homebuyer tax credit heads to CongressBiden's proposed $15,000 home buyer tax credit is now in Congress, along with a $25,000 home buyer grant. Learn about what both programs would entail.
Buying a homeApril 27, 2021How long does it take to buy a house?Buying a house can take anywhere from a couple months to half a year or longer. It depends on local markets and how prepared you are. Here's what to expect.
