Posts Covering Mortgage Products

Low Down Payment Mortgage Options You’ve Never Heard Of

Banks keep creating their own ultra-lenient loan programs that are turning tens of thousands of renters into owners this year.

The 5-10 Properties Program Is For Investors With More Than 4 Properties Financed

Investor with more than 4 properties financed? Use Fannie Mae's standard 5-10 Properties Program. How to apply plus today's mortgage rates.

How Much Cheaper Are Adjustable Mortgage Rates Than Fixed Rates In 2017?

ARM mortgage rates can make borrowing a little riskier for some borrowers because they can change over the life of the loan. But they can also save you a lot of money. And they are safer than you think.

USDA Loans : Guide To Credit Score Eligibility

You don't need great credit to qualify for a zero-down USDA home loan. This program is designed around the idea that more renters should be homeowners.

USDA Loans : Guide To Down Payment And Closing Costs

The USDA mortgage does not require a down payment, but closing costs can add up. USDA closing costs plus ways to pay for them.

USDA Loans : Eligible Geographic Areas

The USDA mortgage is available only in certain geographical areas...but you might be surprised at the cities and towns that remain eligible for the program.

USDA Mortgage : All About Income Eligibility

USDA loans are made for moderate income earners. Income limits are based on location of the property and other factors. Find out if you qualify.

USDA Loans : What Is The Process?

The USDA loan process is not very different than for any other loan type. The typical process and timeline when getting a USDA loan.

4 Cash-Out Refinance Options That Put Your Home Equity To Work

Home values are rising, and homeowners are no longer sitting on their equity. Four cash-out options are helping owners accomplish financial goals.

7-Year ARM Rates Perfect For Modern Homeowners

Ninety-five percent of mortgage consumers will opt for a fixed rate mortgage, but they could be skipping over significant savings and low risk found in 7-year ARM rates.

No Doc Mortgage: What’s Available Now

The no doc mortgage does not exist in the same form that it had before 2008. Great Recession-era reforms require lenders to make sure the borrower can afford to repay a mortgage.

Fannie Mae Just Increased What You Can Borrow

Fannie Mae just loosened up its guidelines, allowing some applicants to borrow with a 50 percent debt-to-income ratio.

Getting A Mortgage On A Second Home / Vacation Property

Home prices are rising. Buying a second home purchase might pay off, and give you a sure vacation spot. How to qualify for a second home mortgage.

How To Buy A Home On $50,000 Per Year

You may be able to buy a home on $50,000 a year with today's low interest rates and special mortgage programs.

Do A Cash Out Refinance On Your Rental Property : 2017 Guidelines And Mortgage Rates

Rates are low, home prices are up, and lenders are loosening cash out refinance rental property guidelines. How to cash out a rental, putting the equity to work.

Using A Home Equity Line As Your Down Payment

Most homeowners don't realize they can tap into their home equity to buy another home -- before they sell. Success story of someone who did it.

Quick Read: Bank Statement Loan Program Success Story

The bank statement loan is perfect for those with a lot of income, but not a lot of the tax-return-documented kind.

You Don’t Need A 20% Downpayment To Buy A Home

You don't need to make a 20% downpayment to purchase a home. Review popular low- and no-downpayment mortgage programs and get a complimentary mortgage rate quote.

Do No Doc Mortgages Still Exist?

No doc mortgages used were highly popular before the mortgage crisis, and some lenders may be creeping slowly back into that crazy market. But are the loans the same?

How To Get A Mortgage For Rental Or Investment Property

Financing a rental home? It's harder than buying a primary residence, because rental property is riskier for mortgage lenders. Here's what you need to know.

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)