January 10, 2017
Urgent update: FHFA, the organization that oversees HARP, has extended the program until September 30, 2017. Underwater homeowners now have additional time to qualify for this popular refinance option. >>Don’t wait for the […]
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Home Buying · Niche Mortgage Products
January 6, 2017
Fannie Mae is on a mission to make home buying easier. With its new HomeReady mortgage, the giant mortgage backer looks to help first time home buyers and repeat buyers […]
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Conventional Loans · Home Buying
January 5, 2017
Conventional loans boast great rates, lower costs, and home buying flexibility. They are the loan option of choice for about 60% of all mortgage applicants. Conventional loans are also known as conforming loans, […]
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January 5, 2017
Mortgage loans backed by the Veterans Administration, commonly known as VA home loans, offer military service members and veterans a way to buy a home with zero down payment. VA […]
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Conventional Loans · Home Buying · News
January 2, 2017
Home buying just got a lot easier. Fannie Mae and Freddie Mac, the country’s two main mortgage rule-making agencies, now allow home purchases with just a 3% down payment. The 97% […]
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Conventional Loans · News · Refinance
January 2, 2017
A conventional refinance is the loan of choice for many homeowners in today’s market. While HARP and FHA have dominated the refinance market in years past, the standard conventional refinance is becoming […]
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January 2, 2017
What is an FHA Cash Out Refinance? There are two primary FHA refinance loan programs; the streamline refinance and the FHA cash out refinance. The FHA streamline refinance program refinances a […]
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December 1, 2016
A conventional refinance is any refinance loan that conforms to guidelines set by Fannie Mae or Freddie Mac. This type of refinance is available with as little as 3% equity […]
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Conventional Loans · FHA Loans · Home Buying
November 19, 2016
One thing you should know as a first time or repeat home buyer is that mortgage lenders allow financial gifts to be used toward the down payment on a house. […]
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November 10, 2016
30-Year Fixed Rates At 4% Will Be The New 2017 Reality Mortgage rates were supposed to be near 2% by now. Great Britain voted to leave the European Union, global markets were […]
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Mortgage expert Tim Lucas has been helping home owners for over 12 years.
