Tim Lucas (NMLS #118763 ) is editor of MyMortgageInsider.com. He has appeared on Time.com, Realtor.com, Scotsman Guide, and more. Connect with Tim on Twitter.
July 8, 2020
The VA home loan is arguably the best mortgage product on the market today. This type of home loan is only available to eligible veterans and active duty service members […]
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July 2, 2020
Mortgage Rates Today Mortgage application volume dropped this week despite record low rates, as reported by Mortgage Bankers Association. “Mortgage applications fell last week despite mortgage rates hitting another record […]
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Conventional Loans · Home Buying · News
June 15, 2020
What is a Conventional 97 Loan Program? The 97% loan-to-value (LTV) purchase program allows homebuyers to purchase a single family home, condo, co-op, or PUD with just a 3% down […]
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Home Buying · News · USDA Home Loans
June 12, 2020
USDA home loans offer 100% financing, low rates, and affordable payments. These loans are becoming more popular by the day, as buyers discover an easier way to buy a home with zero down […]
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June 1, 2020
The FHA streamline refinance program helps current FHA homeowners lower their interest rate and monthly payment — it’s a quick and cost-effective way to refinance with lenient documentation requirements and […]
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Mortgage Rates · News · VA Home Loans
May 28, 2020
A VA Streamline Refinance is also known as an Interest Rate Reduction Refinance Loan, or IRRRL, because it is designed to help homeowners lower their mortgage rate quickly and easily. […]
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FHA Loans · Mortgage Strategy · Refinance
May 26, 2020
Mortgage interest rates are at historic lows across all major loan types. Ellie Mae’s April Origination Report stated FHA loans are no exception — average mortgage interest rates decreased to […]
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May 18, 2020
The Federal Housing Administration (FHA) loan is one of the greatest tools for first time and repeat homebuyers. With a minimum down payment of 3.5%, great rates, and lenient credit guidelines, […]
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May 13, 2020
Most home buyers today apply for and, hopefully, are approved for their mortgage. They are subject to current lending standards and interest rates. But a few buyers can simply take […]
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Conventional Loans · Home Buying · Understanding Mortgages
May 12, 2020
You can buy a house for an elderly parent and get better interest rates by classifying it as “owner occupied.” The Family Opportunity Mortgage is a great way to help aging parents.
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