Need Mortgage Help?
888-760-0222
Fast Mortgage Rate Quotes

Category | Mortgage News

Don’t Depend On Your Last Pay Statement To Get That Mortgage

The Sixty-Day Seasoning Rule When you are waiting for approval on your home loan, you need to prepare for this one important detail. Your lender is unlikely to regard your most recent pay deposit as part of your contribution at closing. That means your paycheck is not eligible to form part of your deposit. Conventional […]

Read The Full Post »

Tags: , , , , ,

Had Enough Of Renting? Maybe It’s Time To Buy Your First Home

So, you think you’re ready to end your time as a renter and buy your first home. In the long-term, it’s an excellent choice, but when you begin investigating the short-term costs and labor involved it becomes much more complicated. Buy your first home, and you’ll find that there is work to do to get […]

Read The Full Post »

Tags: , , , , ,

Position Your Offer To Purchase For Home Buying Success

The Dance of Offer and Counter-Offer Any offer to purchase a home begins a process that is both formal and chaotic at the same time. The home buying process goes through stages that are regular and predictable. State regulations, precedents, and contract law govern real estate transactions in the United States. Real estate buyers and […]

Read The Full Post »

Tags: , , , , ,

Having A Mortgage Payment Emergency – What Do You Do?

Alarms Will Sound When You Miss A Payment Financial challenges, such as making mortgage payments every month, are stressful facts of modern life. If it should happen that you find family in the position of being short of the monthly payment, there are things that you can do and some other things not to do. […]

Read The Full Post »

Tags: , , , ,

Buying A Home To Retire In It? Careful How You Do It!

Buying a home is an important life choice; buying one to retire in is even more momentous. Where you will choose to spend your retirement years is an important part of the rhythm of life; when your nest is empty, it is time to start thinking about downsizing and preparing to cut loose. Buying A […]

Read The Full Post »

Tags: , , , ,

Even More Homebuyer Mortgage Tips To Make It Happen

More Home Loan Hacks For First Time Homebuyers Homebuyers should shop around for mortgage bargains; not all terms and conditions are the same, but chances are, there’s a mortgage out there that’s right for you. Not all interest rates, closing costs, and terms are the same. Banks and the other financial institutions that underwrite home […]

Read The Full Post »

Tags: , , , , , ,

Back To Basics – What Goes Into A Mortgage Anyway?

Owning your home quite and accomplishment and one to which many people aspire. Most consumers have to do this by taking out a mortgage against the home they purchase. So let’s go back to basics to review what it is that makes a mortgage anyway. A Mortgage Contract Is A Matter Of Public Record A […]

Read The Full Post »

Tags: , , , , ,

When Is A Reverse Mortgage The Right Choice For You?

When is a reverse mortgage right for you? The short answer is that reverse mortgages are for seniors. However, you deserve a better answer, and that will take a little explaining. First, there are two categories: FHA Home equity conversion mortgage (HECM) and private company loans. Since a reverse mortgage pays you instead of the […]

Read The Full Post »

Tags: , , , ,

Real Estate Disclosures – When Notification Delivers Protection

Because Sellers Should Tell Buyers Certain Things Sellers have a growing list of disclosures they are required to make to buyers before selling their properties now. However, caveat emptor is still the word of the day when it comes to real estate. Sellers may attempt to cover up defects in a property or misdirect buyers […]

Read The Full Post »

Tags: , , , , ,

Vacation Home Or Rental Finance – Choose The Right Loan

Did You Want A Vacation Home Or An Investment? If you are in the fortunate position of considering the purchase of property while retaining your home you are doing well. Do you want a vacation home you can enjoy exclusively? Or do you want an investment you can drop in on occasionally? The goal of your expanded […]

Read The Full Post »

Tags: , , , ,

Mortgage Rates