Current Mortgage Interest Rates
September 12, 2019
Mortgage Rates Today As reported this week by HousingWire, fixed-rate mortgages could fall to 3.3% by the end of the year. According to Lawrence Yun, chief economist of the National […]
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Most Recent
Home Buying · Mortgage Strategy
The Do’s and Don’ts of Down Payment Gifts
September 10, 2019
When buying a home, the biggest upfront expense is likely to be the down payment. Although future homeowners can reasonably afford monthly mortgage payments, the initial cost of purchasing a […]
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Refinance · Understanding Mortgages
Home Equity Line of Credit (HELOC): What You Need to Know
August 30, 2019
With home values rising in most areas of the country, many homeowners are interested in a home equity line of credit to access cash — especially to fund remodel projects […]
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Cash Out Refinance · Refinance
5 Things to Consider Before Your Cash-out Refinance Application
August 27, 2019
On the surface, applying for a cash-out refinance mortgage sounds like a no-brainer. You may be able to lower your interest rate, plus you walk away with some cash. But, […]
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FHA Loans · Mortgage Strategy · Refinance
FHA Streamline Refinance: Negotiate Zero Out-of-Pocket Closing Costs
August 7, 2019
Mortgage interest rates are at historic lows across all major loan types. Ellie Mae’s June Origination Report stated FHA loans are no exception — average mortgage interest rates decreased to […]
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Getting a Mortgage After Retirement
July 15, 2019
Can you get a mortgage if you’re retired, even though you no longer receive a regular paycheck? The good news: Yes, you can. Though, qualifying for a mortgage with retirement […]
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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? […]
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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 […]
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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 […]
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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 […]
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Tim Lucas
Mortgage expert Tim Lucas has been helping home owners for over 12 years.
