Lee Nelson is a Chicago-based writer whose work has appeared on Realtor.org, Yahoo! Homes, TheMortgageReports.com, and more.
Home Buying · Mortgage Strategy
November 15, 2022
There are plenty of reasons that someone might want to move into a 55 and over retirement community. For those thinking about buying in a retirement community, there are several […]
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November 15, 2022
The shift from being a renter to a homeowner as a single person can be challenging since you must rely on yourself to understand everything from finding the right house […]
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November 15, 2022
Many people still think you need a 20 percent down payment to buy a house. However, many borrowers are able to buy homes with little or no down payment. There […]
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November 15, 2022
Disabled veterans can get some great benefits when getting a VA loan that can help with their finances when purchasing a home and in the future. VA loans have some […]
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November 15, 2022
Someone else’s misfortune can turn out to be the answer to someone else’s prayer of buying a house. HUD homes are houses that have been acquired by the government due to […]
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Home Buying · Understanding Mortgages
November 15, 2022
When you’re asked to write a letter of explanation by a mortgage underwriter, look at this as a valuable opportunity to clearly communicate your situation. Standard mortgage forms often don’t […]
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November 15, 2022
What the minimum down payment requirement for a conventional loan? Although most people assume they need a 20% down payment to buy a home, there are low down payment conventional […]
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News · Understanding Mortgages
November 8, 2022
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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FHA Loans · Understanding Mortgages
November 8, 2022
A couple in their mid-70s just recently purchased a home and got a mortgage to move closer to their children and grandchildren. They decided on Home Equity Conversion Mortgages (HECM) […]
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Refinance · Understanding Mortgages
November 1, 2022
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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