Today’s interest rates are some of the lowest in U.S. history. And, there are powerful programs that allow homeowners to refinance underwater homes, sometimes with very little documentation. Take advantage of this great opportunity to refinance your home with a HARP refinance, FHA streamline, VA streamline, USDA streamline, or reverse mortgage.
July 27, 2022
Home buyers pay an upfront mortgage insurance premium when they close on an FHA loan. This upfront fee — known as UFMIP or MIP — equals 1.75 percent of the […]
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Cash Out Refinance · Homeowner Tips · Refinance
July 25, 2022
Seniors looking to supplement their income may be able to tap their home equity to supplement their lifestyle or ease financial worries during retirement. Pros & cons of tapping home […]
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Conventional Loans · News · Refinance
July 25, 2022
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 conventional refi […]
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Ask Tim · FHA Loans · News · Refinance
July 25, 2022
The FHA streamline refinance allows borrowers to reduce their rate with no pay stubs, no W2s, and no appraisal. But is an FHA streamline possible while simultaneously removing a borrower […]
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July 25, 2022
Question: Is there any way to refinance if we had a late payment on our mortgage six months ago? So far no one will approve us until a year has […]
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FHA Loans · Mortgage Strategy · Refinance
May 2, 2022
Mortgage interest rates are at historic lows across all major loan types. Ellie Mae’s March 2021 Origination Report showed that FHA loans are no exception — average mortgage interest rates […]
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Niche Mortgage Products · Refinance
January 27, 2022
What are RefiNow and Refi Possible? RefiNow and Refi Possible are new refinance programs available to homeowners with existing conventional mortgages owned by Fannie Mae or Freddie Mac. They’re open […]
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January 27, 2022
The FHA streamline refinance program helps current FHA homeowners lower their interest rate and monthly payment — it’s a quick and cost-effective way to refinance with lenient documentation requirements and […]
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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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November 16, 2021
For some borrowers, saving $100 or $150 a month won’t justify parting with thousands of dollars in cash upfront. But there are ways to lower the cost of refinancing.
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