As the name implies, “prepaid interest” is money you owe to a bank or mortgage lender that is paid in advance of when it is… Read More »What Is Prepaid Interest? Here’s Why You Need to Pay the Mortgage Lender Ahead of Time
Mortgage Q&A: “What mortgage term is best?” Before you set out to snag the lowest rate on your home purchase loan or mortgage refinance, you’ll… Read More »What Mortgage Term Is Best? Why It Could Pay to Look Beyond the 30-Year Fixed
It’s been some time since I’ve done mortgage Q&A, so without further delay, let’s explore the following question: “Do you need 20% down to buy… Read More »Do You Need 20% Down to Buy a House? Why This Old Rule No Longer Applies
If you own a second home or hold a high balance loan amount, you may want to refinance sooner rather than later. That’s assuming you… Read More »Why You May Want to Act Fast If Taking Out a Mortgage on a Second Home or Expensive Property
It’s almost mid-December, which means it is time for another round of mortgage and real estate predictions for the upcoming year. I think it’s safe… Read More »2022 Real Estate and Mortgage Predictions
Today we’ll take a good look at a newer veteran-owned mortgage lender by the name of Strong Home Mortgage. As the name implies, they want… Read More »Strong Home Mortgage Review: A Veteran-Owned Mortgage Lender That’s Part of the Costco Program
Well, just like that it’s December again, which means it’s time for the 2022 mortgage rate predictions. This past year was filled with ups and… Read More »2022 Mortgage Rate Predictions: Is This the Year They Finally Hit 4%?
Today we’ll review a Missouri-based community bank that’s big on home loans, North American Savings Bank, or NASB Home Loans for short. The company got… Read More »NASB Home Loans Review: NerdWallet Ranked Them Best Mortgage Lender Overall
If you live in New England, or more specifically Massachusetts, there’s a very good chance you’ve heard of Mortgage Network, Inc. They refer to themselves… Read More »Mortgage Network Review: One of the Largest Independent Mortgage Lenders in New England
Similar to the FHFA, the U.S. Department of Housing and Urban Development (HUD) announces maximum loan limits each year for FHA loans. Today, they unveiled… Read More »2022 FHA Loan Limits: Floor Rises to $420,680, Ceiling to $970,800
