Refinance

Fannie Mae High Loan-to-Value Refinance Option (HLRO) Guidelines for 2019

June 3, 2019

Credit · FHA Loans

Low Credit Score Home Buyers Could Qualify with this FHA Policy

May 15, 2019

Editor’s note: The 2017 changes are still in effect in 2019. According to Ellie Mae, more lower-credit FHA applicants are being approved. In July 2016, only 19% of closed FHA loans […]

Home Buying · Investment Properties

How To Rent Your House and Buy Another

May 9, 2019

It’s no surprise that many property owners are considering the possibility of generating income by renting out their first home. A slowdown in home prices and sales makes selling less […]

Refinance

Freddie Mac Enhanced Relief Refinance (FMERR) Guidelines for 2019

April 19, 2019

If you’ve never heard of a Freddie Mac Enhanced Relief Refinance — a “FMERR” loan — you’re not alone. Available to homeowners since the beginning of the year, it’s a […]

Home Buying · News

Qualifying for a Mortgage With Student Loan Debt

April 16, 2019

If you struggle with student loan debt, you’re not alone. The average student loan borrower has $37,172 in student loans when they graduate, an increase of $20,000 from only 13 […]

Cash Out Refinance

Cash-Out Refinance Options for Your Paid-Off Home

April 4, 2019

It’s exciting to finally have no more mortgage payments. But now that you have all that equity in your home, is it possible to get another mortgage to use for […]

Understanding Mortgages

Mortgage Dictionary

March 27, 2019

Mortgage terminology can be confusing whether you’re a first-time homebuyer or looking to refinance your current loan. From mortgage terms like amortization to PITI, chances are you’ll come across a […]