The Federal Housing Administration (FHA) finally announced a new policy, which is temporary, to endorse mortgages where the borrower has requested or obtained COVID-19 forbearance.… Read More »FHA Will Insure Mortgages in Forbearance, With a Catch
Today we’ll take a good look at On Q Financial, a direct mortgage lender based in Tempe, Arizona that wants to make getting a mortgage… Read More »On Q Financial Mortgage Review: The Simple Way to Get a Mortgage?
One of the fastest growing and largest mortgage lenders in the country goes by the name PennyMac, not to be confused with Freddie Mac. If… Read More »PennyMac Mortgage Review: A Top-3 Mortgage Lender Nationally
Update: Eagle Home Mortgage is now known as Lennar Mortgage. If you’re thinking about buying a home or refinancing an existing mortgage, you may have… Read More »Eagle Home Mortgage Review: Should You Get a Mortgage from the Nation’s Largest Homebuilder?
Another interesting trend has emerged from the latest mortgage forbearance data, this time courtesy of a new report from data analytics company Black Knight. Nearly… Read More »46% of Homeowners in Forbearance Plans Still Made Their Mortgage Payments
One of the largest mortgage lenders in the country you may not have heard of is Fairway Independent Mortgage Corp., based out of Madison, Wisconsin.… Read More »Fairway Independent Mortgage Review: A Top-20 Lender Big on Home Purchase Financing
Just five percent of homeowners who recently got approved for mortgage forbearance actually needed it, according to a shocking survey from home loan comparison company… Read More »Only 5% of Homeowners Who Got Approved for Mortgage Forbearance Needed It
While lots of lenders have recently cut back on offerings that aren’t backed explicitly by the government, some are rolling out new loan programs to… Read More »Despite COVID-19, You Can Still Get a Jumbo Home Loan
We’ve finally got some clarity regarding what happens after mortgage forbearance in terms of obtaining a subsequent home loan. The Federal Housing Finance Agency (FHFA),… Read More »There Will Be a 3-Month Waiting Period to Get a Mortgage After Forbearance
Maybe there’s some good news out there, or maybe it’s just the calm before another storm. The mortgage forbearance rate barely budged during the week… Read More »Mortgage Forbearance Rate Only Rises 3% From a Week Ago, But Second Wave Could Be Coming
