VA Streamline (IRRRL) Refinance Loan: Easier Refinancing for Veterans
A VA Streamline Refinance also goes by the name Interest Rate Reduction Refinance Loan, or IRRRL. The name fits, because the program helps homeowners lower their mortgage rate…
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Mortgage News
Why Get an Appraisal on an FHA Streamline Refinance?
The big advantage to an FHA streamline refinance is that you can skip the requirement for an appraisal. But, in some cases, you may opt to get an…
Hidden Costs of Buying a Home
You found it. It’s a perfect house for you with all the amenities you have been looking for, and it’s the right price. But how much do you…
Credit Repair Companies: Can They Help You Buy a Home?
You are ready to buy your dream house. You go to a recommended loan officer to get a preapproval. Smart. But after pulling your credit report, the loan…
How To Find the Best Loan Officer
Anyone trying to find a loan officer has seen and heard them: offers that seem too good to be true. When shopping for a mortgage or looking for…
Home Buyers Who Couldn’t Qualify – Until They Discovered the USDA Loan
When people hear the acronym USDA (U.S. Department of Agriculture), they probably think about crops and cows and such. But this entity actually offers quite a unique mortgage…
FHA Refinance Net Tangible Benefit: What To Do if You Don’t Qualify
The FHA streamline refinance program allows a borrower with a current FHA loan to refinance into a lower rate and payment with very little time, effort, or documentation.…
Jumbo Loan Limit: How High Can You Go?
If you’re in the market for an expensive, luxury home, one of your main borrowing options will be jumbo loans. Jumbo loan terms and interest rates vary widely…
Credit, Home Type & Perceived Risk Affect Your Mortgage Rate
How lenders determine mortgage rates is similar to how you earned good grades back in school, or didn’t. Your teacher weighed many components, from test scores to research…
7 Tips to Speed Up Your Mortgage Closing
A mortgage closing can take longer than you expect, and every delay adds stress and expense. The seven tips below can help you speed up your mortgage closing…