I’m Pre-Approved. Should I Worry about Rates?
June 1, 2022
Tim has been in the mortgage industry for more than 11 years as a loan originator and mortgage processor. He’s answered just about every kind of mortgage question over the […]
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Tim Lucas (NMLS #118763 ) is an editor of MyMortgageInsider.com. He has appeared on Time.com, Realtor.com, Scotsman Guide, and more. You can connect with Tim on his website, ThisIsMortgage.com.
Articles by Tim Lucas
Ask Tim · Credit · Home Buying
I’m Delinquent on my Mortgage. Can I Buy another Home?
June 1, 2022
Q: I am delinquent on my home mortgage, but would like to sell the home and buy one elsewhere. Is this possible? -Anonymous A: If you are delinquent on the […]
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Conventional Loans · FHA Loans · Home Buying · Private Mortgage Insurance
What’s Better: FHA or Conventional?
March 8, 2022
It’s not always an easy choice. FHA and conventional loans are both widely available, and both can offer competitive mortgage rates. FHA has typically been the mortgage loan of choice […]
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FHA Manufactured Home Loan | Guidelines & Requirements 2026
January 28, 2022
Mobile homes, also known as manufactured homes, represent more than one out of ten new homes built and provide an affordable alternative for home ownership. Less expensive than both new […]
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Complete HARP Refinance Rates & Guidelines | Updated for 2026
January 27, 2022
Editor’s Note: The HARP program expired December 31, 2018. The Freddie Mac Enhanced Relief Refinance (FMERR) loan program is a popular replacement option. Plus, Fannie Mae’s High LTV Refinance Option […]
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600,000 Homeowners Could Benefit from 2016 HARP Extension
January 26, 2022
Editor’s Note: Editor’s Note: The HARP program expired December 31, 2018, and a popular replacement option, the Freddie Mac Enhanced Relief Refinance (FMERR) loan expired September 30, 2019. However, Fannie […]
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FHA Back to Work Program – Guidelines & Chart
January 1, 2022
Editor’s Note: The FHA Back-to-Work Program expired Oct. 1, 2016. If you’ve experienced a foreclosure, short sale, or deed-in-lieu of foreclosure with extenuating circumstances, then you may be eligible for […]
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Should You Accept a Contingent Offer?
January 1, 2022
When home owners are out shopping for a new home and find the perfect place, sometimes they need to sell their current home before they can afford to buy the […]
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DeMarco Out, Watt In as New FHFA Head. Will Getting a Mortgage Become Easier?
January 1, 2022
New appointments are a grey area: some go well while others spell “catastrophe”. Despite careful screening and due diligence, uncertainty, especially from a policy perspective, often prevails the first few […]
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Home Buying · Understanding Mortgages
Mortgage Credit Certificate: Qualify for More House
January 1, 2022
A loan program that gets little attention, but could reap big rewards, is the Mortgage Credit Certificate, otherwise known as the MCC tax credit. The idea of the program is […]
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