Mortgage Rates & News. USDA Home Loans, FHA loans and VA home loans, jumbo, conventional and PMI. Learn about HARP Refinance.

Borrowing from your 401k or IRA for a Down Payment

March 9, 2020

Saving up money for a down payment and closing costs to buy a house is one of the basic requirements in order to qualify for a home loan. It can […]

Home Buying · USDA Home Loans

USDA Income Eligibility | How Much Can You Make and Get a USDA Home Loan?

March 6, 2020

There is hope for those who cannot get a conventional loan and have low to moderate income. The USDA offers no-down payment, 100 percent financing through a guaranteed loan for […]

Home Buying · Uncategorized

Must-Know Tips for Unmarried Home Buyers

March 6, 2020

Most couples used to get married before making any major financial decisions together. But today, one in four unmarried couples between 18 and 34 buy a house together, according to […]

FHA Loans · Refinance

FHA Cash-Out Refinance: Access Your Home Equity

March 5, 2020

Editor’s note: Starting September 1, 2019, HUD, the administrator of FHA loans, reduced the maximum FHA cash-out refinance loan-to-value to 80%, down from 85%. What is an FHA cash-out refinance? […]

FHA Loans · Mortgage Strategy · Refinance

FHA Streamline Refinance: Negotiate Zero Out-of-Pocket Closing Costs

March 5, 2020

Mortgage interest rates are at historic lows across all major loan types. Ellie Mae’s January Origination Report stated FHA loans are no exception — average mortgage interest rates decreased to […]

Conventional Loans · News · Refinance

Conventional Refinance Rates, 2020 Loan Limits and Guidelines

March 5, 2020

A conventional refinance is the loan of choice for many homeowners in today’s market. While HARP and FHA have dominated the refinance market in years past, the standard conventional refinance is becoming […]

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Home Buying

Seller-Paid Closing Cost Maximums for Conventional, FHA, VA, & USDA Loans

March 5, 2020

Mortgage closing costs range from 2-5% of a home’s purchase price. That can add up. But, many sellers are eager to pay your closing costs in order to sell their home […]

Ask Tim · FHA Loans

What if the home does not meet FHA Minimum Property Standards (MPS) and selling as-is?

March 4, 2020

Recently I was asked what happens when a property is being sold as-is, and the seller will not do repairs – but the home doesn’t meet FHA minimum property standards […]

Homeowner Tips

Convert Your Primary Residence Into A Rental

March 4, 2020

The average U.S. homeowner sells their home and moves every five to seven years. For a variety of reasons, homeowners decide to make a change – homes become too small, […]

Conventional Loans · FHA Loans · Private Mortgage Insurance · Refinance

Cancel your FHA Mortgage Insurance Today

March 2, 2020

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 […]

Borrowing from your 401k or IRA for a Down Payment

USDA Income Eligibility | How Much Can You Make and Get a USDA Home Loan?

Must-Know Tips for Unmarried Home Buyers

FHA Cash-Out Refinance: Access Your Home Equity

FHA Streamline Refinance: Negotiate Zero Out-of-Pocket Closing Costs

Conventional Refinance Rates, 2020 Loan Limits and Guidelines

Seller-Paid Closing Cost Maximums for Conventional, FHA, VA, & USDA Loans

What if the home does not meet FHA Minimum Property Standards (MPS) and selling as-is?

Convert Your Primary Residence Into A Rental

Cancel your FHA Mortgage Insurance Today

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