Home Buying · Understanding Mortgages
September 23, 2021
When you’re asked to write a letter of explanation by a mortgage underwriter, look at this as a valuable opportunity to clearly communicate your situation. The letter of explanation may […]
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September 1, 2021
Editor’s Note: HIRO is temporarily paused due to volume. But you may be eligible to refinance with another program. Speak with a mortgage expert to understand your options. The Fannie […]
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August 13, 2021
Getting a mortgage loan means you’ll likely experience every possible emotion. Unfortunately, a word commonly used to describe the home loan process is “stressful”. When buying or refinancing a home, […]
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Home Buying · Understanding Mortgages
August 13, 2021
Due to increased demand and low real estate inventory, most parts of the U.S. are currently in a seller’s market. This is great news if you’re trying to sell a […]
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August 13, 2021
With home prices rising in some areas, a pre-foreclosed home can be quite attractive financially. When a property is in pre-foreclosure, the owner still has a chance to ward off […]
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Conventional Loans · VA Home Loans
August 13, 2021
The rule is simple: If you’re eligible for a VA loan, it’s likely that this will be your best loan option. But while this is usually true, there are some […]
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Conventional Loans · FHA Loans · Home Buying
August 13, 2021
One thing you should know as a first-time or repeat home buyer is that mortgage lenders allow financial gifts to be used toward the down payment on a house. Gift […]
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Niche Mortgage Products · Refinance
August 12, 2021
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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Conventional Loans · FHA Loans · USDA Home Loans · VA Home Loans
August 6, 2021
Low Downpayment Mortgage Options Many home buyers believe they need a 20% downpayment to buy a home. This misconception could stop buyers before they start, and cost them years of […]
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August 6, 2021
Mobile homes, also known as manufactued homes, represent more than one out of ten new homes built and provide an affordable alternative for home ownership. Less expensive than both new […]
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Mortgage expert Tim Lucas has been helping home owners for over 12 years.
