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

Home Buying

Mortgage Pre-Approval Letter: The Complete Guide

September 29, 2021

A mortgage pre-approval letter is a document from a lender confirming their willingness to lend you a specified maximum amount of money.

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 […]

Niche Mortgage Products · Refinance

RefiNow and Refi Possible | New Low-Income Refinance Programs 2021

August 12, 2021

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 […]

Refinance

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.

Refinance

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 […]

Home Buying

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 […]

Understanding Mortgages

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.

Home Buying

When is the best time of year to buy a house?

July 7, 2021

Winter is likely the best time of year to buy a home if price is your primary consideration, but buyers looking for options will find the widest selection of properties during the spring.

Home Buying

How Much Does A Home Appraisal Cost?

May 24, 2021

You can probably expect to pay between $350 and $650 for a home appraisal. Here’s a breakdown of what that entails.

Homeowner Tips

15 Year vs 30 Year Mortgage: Which Is Better?

May 20, 2021

A 15-year mortgage can save you thousands of dollars in interest and you’ll own your home faster so a 15-year mortgage is better if you can afford it.