FHA Loan Down Payments: The Complete Guide
August 22, 2022
With an FHA loan, nearly all borrowers will be able to pay as little as 3.5% of the home’s purchase price as a down payment.
Read More...Peter Warden
Peter Warden has been writing for a decade about mortgages, personal finance, credit cards, and insurance. His work has appeared across a wide range of media. He lives in a small town with his partner of 25 years.
Articles by Peter Warden
Non-Conforming Loans: The Complete Guide
August 11, 2022
What is a non-conforming loan? A non-conforming loan is any mortgage that is not partly guaranteed by a government department or agency. Conforming loans are conventional loans that meet the […]
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Mortgage Pre-Approval Letter: The Complete Guide
August 11, 2022
A mortgage pre-approval letter is a document from a lender confirming their willingness to lend you a specified maximum amount of money.
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Conventional Loan Limits 2022
February 18, 2022
Most conventional mortgages come with caps on the amount you can borrow. These are called “conventional loan limits” or sometimes “conforming loan limits.”
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Niche Mortgage Products · Refinance
RefiNow and Refi Possible | New Low-Income Refinance Programs 2022
January 27, 2022
What are RefiNow and Refi Possible? RefiNow and Refi Possible are new refinance programs available to homeowners with existing conventional mortgages owned by Fannie Mae or Freddie Mac. They’re open […]
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Conventional Loans · VA Home Loans
VA Loan vs Conventional Loan: Which is better?
August 13, 2021
The rule is simple: If you’re eligible for a VA loan, it’s likely that this will be your best loan option. But while this is usually true, there are some […]
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How much does it cost to refinance?
July 7, 2021
It typically costs between 2% and 5% of the amount you’re borrowing to cover the closing costs of your refinance.
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How soon can you refinance?
July 7, 2021
You may be surprised by the speed with which you can refinance a mortgage after you bought your home or did your last home refinance. It can be a matter […]
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What is a bridge loan?
July 7, 2021
What is a bridge loan? A bridge loan is a sum of money that the bank loans to cover the interim period between two transactions, usually the buying of one […]
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Second Mortgages: The Complete Guide
July 7, 2021
With a second mortgage, a homeowner can borrow at a very low interest rate, using his or her equity in the home as security.
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