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.
Conventional Loans · Home Buying
August 3, 2021
Also known as conforming loans, conventional loans “conform” to a set of standards set by Fannie Mae and Freddie Mac. Conventional loans boast great rates, lower costs, and homebuying flexibility. So, it’s […]
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August 3, 2021
When you get an FHA loan, the home buyer pays a mortgage insurance premium at the time of closing. This initial premium is the called the upfront mortgage insurance premium […]
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FHA Loans · Home Buying · USDA Home Loans · VA Home Loans
August 3, 2021
100% Financing Home Loans for New and Repeat Home Buyers 100% financing home loans are mortgages that finance the entire purchase price of a home, eliminating the need for a […]
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Home Buying · News · USDA Home Loans
August 3, 2021
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 […]
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August 3, 2021
When applying for a mortgage, the lender will make sure the borrower can afford the new mortgage payment. This is determined by comparing the borrower’s proposed housing payment with their […]
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July 13, 2021
Putting Investment Property Equity To Work Cash-out refinancing for primary residence (owner-occupied) homes are gaining in popularity, but so are cash-out loans for investment properties. While they were hard to […]
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July 13, 2021
Editor’s note: The USDA streamline refinance pilot program has been rolled out nationwide. It is now available in all 50 states and is called the USDA streamlined-assist refinance. The USDA […]
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Mortgage Rates · Understanding Mortgages
July 9, 2021
Fixed mortgages with shorter terms can create incredible interest savings. Not a lot of lenders offer short-term mortgage loans. The good news is you can create your own 5-year fixed […]
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Ask Tim · Credit · Home Buying
July 9, 2021
Can you buy a home after a foreclosure? Buying again after a foreclosure, short sale, or deed-in-lieu of foreclosure can be done, with some hard work — and waiting. Mortgage […]
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Home Buying · Investment Properties
July 7, 2021
Ever wondered if you can buy a home and get someone else to pay your mortgage? You could do just that with the right property, the right mortgage, and the […]
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