About MortgagesJune 13, 2017PMI Mortgage Insurance: You Can Pay LessPMI mortgage insurance is a necessary evil if you buy or refinance more than 80 percent of your property value. But there are are things you can do to reduce what you pay.
About MortgagesMarch 26, 2024Can You Negotiate Mortgage Rates? 6 Ways to Lower Your RateCan you negotiate mortgage rates? Yes, you can and should negotiate lower rates. Here are mortgage negotiating strategies that actually work.
First-Time Home BuyersFebruary 19, 2024NACA Program: How to Buy a Home with a NACA MortgageThe NACA program is a special mortgage with no down payment or closing costs. But will you qualify for the NACA mortgage? Learn more here.
About MortgagesJanuary 1, 2024Mortgage Income Requirements for 2024While there isn't a minimum income required for mortgage loans, most lenders do have certain income guidelines. Here's what expected of most borrowers.
RefinanceSeptember 6, 2023How much does it cost to refinance a mortgage?Learn how much it costs to refinance a mortgage, what's included in refinance closing costs, and how you can save money on your refi.
RefinanceJuly 21, 2023How to get rid of PMI: Removing private mortgage insuranceIf you're looking to save on your mortgage payment, here are four ways to get rid of PMI on a conventional loan. Get started today.
Buying a homeJuly 12, 2023What Percentage of Your Income Should Go Toward a Mortgage?When you’re preparing to buy a home, understanding how to get a mortgage is essential - including how much it'll cost you each month.
RefinanceNovember 3, 2022The mortgage refinance process in 6 steps: Timeline to closeLearn how the mortgage refinance process works. This step-by-step guide takes you from application to closing day.
About MortgagesMarch 1, 2022Mortgage insurance explained (Podcast)In this episode of The Mortgage Reports Podcast, a loan officer explains what mortgage insurance is and how it works.
RefinanceFebruary 8, 2022The best day to close on a mortgage refinanceTiming your mortgage refinance correctly can lead to big savings. Here's how to choose the best day to close on a refinance.
About MortgagesJanuary 12, 2021Debt-to-income ratio, taxes, and insurance: How your DTI is calculatedDTI, your 'debt-to-income ratio,' includes taxes and insurance as part of your mortgage payment. Here's how to find your DTI with taxes and insurance.
About MortgagesDecember 30, 2020What is PITI? Mortgage payments explainedPITI stands for Principal, Interest, Taxes, and Insurance: the 4 parts of your monthly mortgage payment. Find out why your PITI payment matters.
Buying a homeApril 6, 2019Mortgage closing: Why does my lender want so much escrow money?At a mortgage closing, you typically pay mortgage costs and escrow
About MortgagesFebruary 17, 2019PMI mistakes to avoid: How to pay less for mortgage insuranceIt is difficult to avoid mortgage insurance if you buy a home with less than 20 percent down. But it's possible. There are also many ways to pay less for mortgage insurance, and we're going to show you how.
About MortgagesMarch 14, 2018What is mortgage insurance?Mortgage insurance may be a necessary evil, but it has more benefits than you know. Here's how to use mortgage insurance, and how to get rid of it.