Refinance
January 1, 2021
Editor’s Note: The FMERR Program expired September 30, 2019. However, Fannie Mae’s High LTV Refinance Option (HLRO) currently has no expiration date. Similar to FMERR, it’s a great loan option […]
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Niche Mortgage Products · Q&A
October 28, 2019
Longer term financing is still available, despite falling out of favor after the housing crash 10 years ago. But, finding a lender that offers a 40-year mortgage lender can be […]
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Q&A
October 21, 2019
The typical new car loan costs $530 per month, while the average new lease costs $430 per month, according to an Experian report from the third quarter of 2018. And, […]
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Q&A
October 15, 2018
Question: What is mortgage income? I want to apply for a mortgage but worry that much of my income will not be counted. I receive child support plus much of my […]
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Q&A
October 1, 2018
Question: I want to get a mortgage. Interest rates I understand but what is an APR and why is it higher than the interest rate? Answer: When you buy something […]
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Q&A
September 24, 2018
Question: We want cash-out refinancing. The value of our home has increased significantly in the past five years. We want to now get a cash-out refinance but worry that rising mortgage […]
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Q&A
September 5, 2018
Question: My credit score has gone up significantly during the past year even though my debts and monthly payments have largely stayed the same. Are the new numbers real or […]
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Q&A
August 2, 2018
Question: Are closing delays common? We’re selling our home. The good news is that we have a buyer. The problem is that closing will be delayed because of a mortgage […]
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Q&A
July 31, 2018
Question: Homes in our area are quickly selling and we’re thinking of putting our place on the market. Does it make any sense to value our property on the basis […]
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