Get an FHA Streamline Even if You Have a Second Mortgage
A few years after buying a home with an FHA mortgage, some buyers find they have built equity in it. So they take out a home equity loan…
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Mortgage News
Lending rules, loan limits and fees change every year. Our news coverage explains each change and what it means if you plan to buy or refinance.
Conventional Refinance | Rates, 2026 Loan Limits & Guidelines
A conventional refinance is one of the most versatile loans in today’s market. Conventional refinances can convert any type of mortgage loan into a conventional loan. Simultaneously, a…
Is There a $25,000 First-Time Home Buyer Grant?
Saving a down payment is a major obstacle for many would-be home buyers, especially borrowers looking to get their first mortgage. A down payment doesn’t necessarily need to…
Piggyback Loan (80/10/10 Mortgage) | Rates & Requirements 2026
An 80 10 10 loan is a mortgage option in which a home buyer receives a first and second mortgage simultaneously, covering 90% of the home's purchase price. The buyer…
Investment Property Cash-out Refinance | 2026 Guidelines
Putting investment property equity to work Cash-out refinancing is common for primary residences (owner-occupied homes). Many lenders also offer a cash-out refinance for an investment property or second…
USDA Home Loans | Requirements & Qualifications 2026
A USDA home loan offers 100% financing, low rates, and affordable payments. These loans are becoming more popular as more buyers discover they can buy a home with…
Avoid PMI Without 20% Down | Guide 2026
“Affordable Loan Solution” program offers 3% down loan The “Affordable Loan Solution” mortgage is a low down payment loan program from Bank of America. It requires just 3…
Conventional 97 Loan | Guidelines & Requirements 2026
What is the conventional 97 loan program? A Conventional 97 loan allows homebuyers to get a conventional mortgage with only 3% down. The program is named for the…
Should FHA Loans Have Income Limits?
Federal Housing Administration (FHA) mortgage loans originally came about so those with less than 20% down could buy a home. Generally, those with a small down payment are…
Biden Administration Lowers Costs for FHA-Insured Mortgages
In February 2023, the Biden administration announced an FHA mortgage insurance reduction, and the lower premiums took effect on March 20, 2023. For homebuyers and homeowners who take…