The housing market is stabilizing, and homes are appreciating again. With today’s low interest rates and affordable home prices, it’s a great time to buy.
Home Buying · Private Mortgage Insurance
January 25, 2019
Private mortgage insurance, also known as PMI, is a type of mortgage insurance common with conventional loans. It’s intended to protect the lender if you stop making your loan payments, […]
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Ask Tim · Credit · Home Buying
January 15, 2019
Buying again after a foreclosure, short sale, or deed-in-lieu of foreclosure can be done, with some hard work — and waiting. Lenders don’t like to see a foreclosure on your […]
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Conventional Loans · Home Buying · News
January 2, 2019
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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October 23, 2018
You’ve been saving like crazy for a home. You’ve sacrificed fancy coffees and nights out on the town for the past year to save for your downpayment, and you finally […]
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September 11, 2018
You cannot wait to buy a home to make it your own – possibly tear down some walls for an open floor plan or build a pool in the back. […]
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August 28, 2018
When someone decides it’s time to buy a home, they also need to decide whether it will be a new build or an existing home. Benefits and problems arise from […]
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July 10, 2018
How exciting to dream of having your own cabin on the lake to gather the family and friends for memorable outings. Owning a vacation or second home can bring joy, […]
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April 3, 2018
If you are serious these days about buying a house or even just looking at a home, there is one thing you’d better get – a mortgage preapproval. It could […]
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March 20, 2018
Sometimes, renting is the only option for people whether it’s lack of good credit, a divorce, loss of income or a dozen other reasons. But others strive to buy a […]
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February 22, 2018
Just because you don’t make a lot of money does not mean you will not qualify for a mortgage. Quite the contrary. Thanks to many low income home loans available […]
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Mortgage expert Tim Lucas has been helping home owners for over 12 years.
