Making a large down payment 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.
Some simple formulas and calculators can give you a ballpark figure of your potential mortgage amount. But you’ll likely want to take the next step if you plan to shop for homes in the next 6 months.
Owning a rental building and living in it can be an excellent way to save money on your mortgage, while building home equity for your future. How to do it.
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.
Second home / vacation property buyers can now occasionally rent the home, and qualify for lower second home mortgage rates. Read about this new rule.
Investment property mortgage rates are higher than those of primary residences. They are also harder to get. There are ways to pay less for your home loan, though.
It’s an age-old question: Should you get a cash-out refinance (but be placed into a higher rate) or get a HELOC? The better option in some cases, surprisingly, is a full cash-out. Here’s when you should consider it.
If you’re self-employed, mortgage approval can be harder to get. But it’s easier than it used to be. lenders are loosening up, and that’s good news for self-employed mortgage borrowers.
Currently renting a home but want to transition into homeownership? 3 surefire ways to know whether you’re ready to buy a home.