Call us: (866) 240-5121
Ask Tim · Conventional Loans · FHA Loans · Private Mortgage Insurance
July 6, 2016
Q: I have good credit of about 730. I meet the requirements for both FHA and Conventional 97. I plan to live in the home for 6+ years. Which has […]
Read More...
Conventional Loans · FHA Loans · USDA Home Loans · VA Home Loans
March 22, 2016
Low Downpayment Mortgage Options Many home buyers believe they need a 20% downpayment to buy a home. This misconception could stop buyers before they start, and cost them years of […]
Read More...
Conventional Loans · Understanding Mortgages
March 17, 2016
Comparing Fixed-Rate and Adjustable-Rate Mortgages For some home shoppers, deciding between a fixed-rate mortgage and an adjustable-rate mortgage is an easy decision. However, you may be surprised to hear about […]
Read More...
Conventional Loans · Home Buying · Understanding Mortgages
August 21, 2015
Lenders give the best mortgage interest rates and terms on “owner occupied” home purchase loans. “Owner occupied” simply means that the people buying the home plan to live in it. […]
Read More...
June 1, 2015
You want the best mortgage for your lifestyle and your pocketbook. Whether to choose a conventional mortgage or a government-backed loan such as a Federal Housing Administration (better known as […]
Read More...
Conventional Loans · FHA Loans · Private Mortgage Insurance · Refinance
May 7, 2015
An FHA loan sounded like a good idea at the time. Now, not so much. That’s what many FHA home buyers are saying. The reason: high mortgage insurance premiums, month […]
Read More...
Conventional Loans · FHA Loans · News
February 11, 2015
Many people just couldn’t afford or get a conventional loan. If you don’t have 10 or 20 percent down, it can be quite hard to get that conventional loan without […]
Read More...
December 12, 2014
Homeowners who have been locked out of HARP may have another chance to refinance with Fannie Mae’s new conventional 97% LTV “mini-HARP 3.0” program. Fannie Mae and Freddie Mac announced […]
Read More...
September 5, 2014
If there’s one truth about home buying after the housing market crash, it’s been anything but conventional. That’s because lenders tightened their grip on loans, making qualifications stricter, and therefore […]
Read More...
August 13, 2014
A conventional loan offers low rates, few fees, and an easy approval process. Through home finance history, conventional loans have been the first choice for most people buying or refinancing […]
Read More...
Mortgage expert Tim Lucas has been helping home owners for over 12 years.
