July 22, 2021
Mortgage Rates Today The number of mortgage applications increased last week, as reported by Mortgage Bankers Association. “Overall applications climbed last week, driven heavily by increased refinancing as rates dipped […]
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July 21, 2021
Single moms can have it tough trying to become a homeowner — between raising their children on their own and paying all the bills, buying a house seems almost unachievable. […]
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July 21, 2021
After you finish signing at the closing of your new house, you’re handed the keys and the house is officially yours. But there some things you should do to make […]
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July 21, 2021
When you get an FHA loan, the home buyer pays a mortgage insurance premium at the time of closing. This initial premium is the called the upfront mortgage insurance premium […]
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News · Understanding Mortgages
July 21, 2021
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? […]
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Home Buying · Understanding Mortgages
July 21, 2021
Due to increased demand and low real estate inventory, most parts of the U.S. are currently in a seller’s market. This is great news if you’re trying to sell a […]
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July 21, 2021
When applying for a mortgage, the lender will make sure the borrower can afford the new mortgage payment. This is determined by comparing the borrower’s proposed housing payment with their […]
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July 13, 2021
Putting Investment Property Equity To Work Cash-out refinancing for primary residence (owner-occupied) homes are gaining in popularity, but so are cash-out loans for investment properties. While they were hard to […]
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July 13, 2021
The Fannie Mae High LTV Refinance Option (HIRO) is worth a look for underwater homeowners who would like to take advantage of today’s low-interest rates, but don’t have enough equity […]
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July 13, 2021
If you are serious these days about buying a house, or even if you’re just looking at homes, there is one thing you’d better get — a mortgage pre-approval. It […]
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Mortgage expert Tim Lucas has been helping home owners for over 12 years.
