2018 Conforming Loan Limit Jumps to $453,100
It’s that time of year again, when the FHFA announces the conforming loan limit for the upcoming year. And like last year, it’s going up!… Read More »2018 Conforming Loan Limit Jumps to $453,100
Are Mortgages Simple Interest and Compounded Monthly?
People seem to be fascinated with how mortgages are calculated and paid off, but when it comes down to it, there’s nothing too mind-blowing happening.… Read More »Are Mortgages Simple Interest and Compounded Monthly?
Flagstar Offering Zero Down Mortgages to Michigan Home Buyers
Flagstar Bank is the latest mortgage lender to offer a home loan with zero down payment requirement. They even go a step further by offering… Read More »Flagstar Offering Zero Down Mortgages to Michigan Home Buyers
Capital One to Stop Offering Mortgages
It’s feeling a little like 2007 today. Back then, I was writing posts like this on a daily basis. Capital One has announced that it… Read More »Capital One to Stop Offering Mortgages
OfferPad Home Loans: iBuyer Links Up with loanDepot to Provide Bridge Financing
A so-called direct home buyer by the name of OfferPad that agrees to purchase homes in as little as 24 hours has announced a new… Read More »OfferPad Home Loans: iBuyer Links Up with loanDepot to Provide Bridge Financing
The Five Most Common Uses of Home Equity Lines of Credit
In case you hadn’t heard, home equity lines of credit are expected to get a lot more popular in coming years as homeowners take advantage… Read More »The Five Most Common Uses of Home Equity Lines of Credit
10 Takeaways from the Annual Realtor Survey
The National Association of Realtors just released its 2017 Profile of Home Buyers and Sellers, and there are lots of interesting tidbits. Let’s explore 10… Read More »10 Takeaways from the Annual Realtor Survey
New Bill Aims to End FHA Mortgage Insurance Premiums for Life Policy
Back in 2013, FHA home loans became a lot less attractive because most newly originated mortgages required mortgage insurance to be paid for the entire… Read More »New Bill Aims to End FHA Mortgage Insurance Premiums for Life Policy
Imagine Getting a Mortgage with Just a Couple Clicks
Wouldn’t it be nice if your mortgage lender could gather your income, asset, and employment information from a single digital document, similar to a credit… Read More »Imagine Getting a Mortgage with Just a Couple Clicks
FHA 203k Loan Program: The All-in-One Renovation Mortgage
In a nutshell, the FHA 203k loan program allows prospective home buyers to finance the cost of a property and improvements in one convenient mortgage.… Read More »FHA 203k Loan Program: The All-in-One Renovation Mortgage