News · Understanding Mortgages

Stated Income Loans, plus Alternative Documentation Loans for 2019

June 28, 2019

Stated income loans are making a comeback — sort of. Extremely popular in the early 2000s, stated income loans were one of the factors of the housing market collapse. Why? […]

Cash Out Refinance · Refinance · Understanding Mortgages

The Best Ways to Finance a Pool

June 25, 2019

Many homeowners dream of having their own swimming pools, especially after the heat of summer settles in. But after checking the price tag, a lot of would-be pool owners give […]

Home Buying

How to Comparison Shop For a Mortgage Lender

June 10, 2019

When a first-time homebuyer hears the word “mortgage,” they don’t often think of it as a product. The idea they can comparison shop for one seems strange — isn’t loan […]

FHA Loans · Home Buying · USDA Home Loans · VA Home Loans

100% Financing Home Loans for 2019

June 4, 2019

100% financing home loans are essentially no money down home loans — they’re mortgages that finance the entire purchase price and eliminate the need for a down payment. Large down […]

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 […]