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HARP ineligible? Here are other options

Conventional Loans · HARP 3.0

HARP Alternative: Fannie Mae 97 LTV Refi & Freddie Mac Home Possible Advantage

January 1, 2022

Homeowners who have been locked out of HARP may have another chance to refinance with Fannie Mae’s new conventional 97% LTV “mini-HARP 3.0” program. Fannie Mae and Freddie Mac announced […]

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Selling your home so you can buy another

Home Buying

How to Sell Your House & Buy Another

January 1, 2022

Selling your home can be a stressful situation. So, can you imagine the stress of selling your home and buying another one at the same time? For some, carrying two […]

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Complete an FHA Streamline Even if You Have a Second Mortgage

Mortgage Rates · News

Consumers Eternal Pessimists: 96% Bet Against Low Rates

January 1, 2022

The average mortgage consumer almost never expects lower rates. According to Fannie Mae’s monthly National Housing Survey, consumers are not very good at predicting when rates will rise or drop. Fannie […]

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FHA condo spot approval can affect condo prices

FHA Loans · Home Buying · News

FHA May Allow One-off “Spot” Condo Approvals Again

January 1, 2022

In February 2010, FHA ended its policy that allowed buyers to request one-off approvals for individual condo units within a condominium project that was not FHA-approved. This policy, called a […]

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Rates for Obama's refinance program HARP

HARP · HARP 3.0

Everything about the Obama Refinance Program and How to Qualify

January 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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Getting a mortgage with a bad credit score

Credit · Home Buying

Can You Get a Mortgage with a Bad Credit Score?

January 1, 2022

You’ve had some rough patches financially. A divorce a few years ago messed up your credit score because of bills that didn’t get paid beyond your control. A few unpaid […]

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USDA loan map changes delayed - what you need to know

News · USDA Home Loans

Buyers Needing USDA Home Loans Get a Do-Over

January 1, 2022

Homebuyers in suburban areas who would have missed their shot at a zero-down home loan will get a do-over. USDA home loan eligibility map changes will not take effect in […]

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Mortgages for buying a fixer upper

Investment Properties

Buy Distressed Property in Just a Few Days

January 1, 2022

So you find a house that you know you can make a lot of money on (or maybe you want to live in it) so you want it ASAP. If […]

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Low Rate Mortgages

FHA Loans · News

FHA Reduces 2015 Mortgage Insurance Premiums

January 1, 2022

In a landmark announcement, FHA said it will reduce its monthly mortgage insurance premium in January 2015. The move will save the average home buyer $100 per month and could […]

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How to find the best home inspector for your home inspection

Home Buying

How to Find the Best Home Inspector

January 1, 2022

The house you want to buy makes you smile. The first time you walked inside, you knew it was for you with its perfect gourmet kitchen and hardwood floors. But […]

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