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.
Cash Out Refinance · Refinance · Understanding Mortgages
August 11, 2022
Many homeowners dream of having their own swimming pool, especially after the heat of summer settles in. But after checking the price tag, a lot of would-be pool owners give […]
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Cash Out Refinance · Refinance
August 11, 2022
On the surface, applying for a cash-out refinance mortgage sounds like a no-brainer. You may be able to lower your interest rate, plus you walk away with some cash. But, […]
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Refinance · Understanding Mortgages
August 11, 2022
Refinancing can mean lower payments, less total interest costs over the life of the loan, and possibly some extra cash for home improvements. Currently, interest rates are at historic lows […]
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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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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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June 13, 2022
As more and more baby boomers retire, the consideration of a reverse mortgage has become relatively common. Although reverse mortgages have been around for years in various formats, the reverse […]
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HARP · HARP 3.0 · News · Refinance
June 1, 2022
Editor’s Note: The HARP program expired December 31, 2018, and a popular replacement option, the Freddie Mac Enhanced Relief Refinance (FMERR) loan expired September 30, 2019. However, Fannie Mae’s High […]
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FHA Loans · Home Buying · Refinance
June 1, 2022
Quite simply, a reverse mortgage is a loan that pays the borrower instead of the borrower paying the loan. Also known as a Home Equity Conversion Mortgage, or HECM (pronounced […]
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Refinance · Understanding Mortgages
April 1, 2022
Since the election, mortgage rates have seen more highs than lows. Most experts are predicting that mortgage rates will continue to rise in 2017. Even so, there are many […]
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