Mortgages

You may have heard that the nation’s largest mortgage lender just rolled out a zero down mortgage. If you were around for the housing market crash in the early 2000s, it could feel like déjà vu. And not in a...

If you’re currently thinking about buying a home, or somehow in a position to refinance an existing loan, current mortgage rates don’t look great. While they might not be as high as they were in the 1980s (when they averaged...

FHA Loan for Duplex: A Comprehensive Guide Introduction Kya aap ek duplex khareedne ki soch rahe hain aur soch rahe hain kya aap ek FHA loan ke liye qualify ho sakte hain? To phir aap sahi jagah hain! Is mukammal...

It’s time to talk about assumable mortgages. Everyone knows mortgage rates are no longer super cheap. The popular 30-year fixed was in the low 3% range just last year and today is closer to 7.5%. And it’s possible mortgage rates...

When you apply for a home loan, an underwriter will review your file in order to make a lending decision. They can approve your loan, deny your loan, or possibly suspend your loan pending additional information. The two most common...

You may have heard recently that “tappable” home equity has reached an all-time high, thanks to rapidly appreciating home prices and conservative borrowing on behalf of existing homeowners. If you haven’t, know that some 48 million homeowners have around $11...

Here’s some Q&A with regard to the home loan approval process: “What do underwriters do?” Once you actually apply for a home loan, your mortgage application will be organized by a loan processor and then sent along to a loan...

Mortgage Q&A : “Which mortgage should I pay off first?” Today we’re going to talk about strategy if you hold multiple mortgages and want to reduce your total interest expense by paying one off ahead of schedule. It’s not uncommon...

I spoke to a friend the other day who is selling their home and moving up to a bigger one. Crazy I know! What with home prices where they are the mortgage rates more than double their early 2022 levels....

I’ve already covered the mortgage underwriter’s role, so let’s take a look at what mortgage loan processors do too. After you speak to a mortgage broker or loan officer and agree to move forward with a loan application, a processor...