Mortgage Q&A: “What is a lender overlay?” If you’ve been studying underwriting guidelines recently to determine if you’re eligible for a mortgage, it’s important to… Read More »What Is a Lender Overlay? And How to Avoid Them
People looking to buy a condo with FHA financing rejoice. HUD has released a new condominium approval process that, among other things, brings back spot… Read More »FHA Approved Condos: Individual Units Now Eligible for Financing!
It’s common knowledge that home buyers are interested in purchasing properties in good school districts. After all, many individuals purchase homes because they either have… Read More »You Might Get a Better Deal If You Buy a House Where Kids Live
Mortgage match-ups: “Mortgage rates vs. the stock market.” With all the recent stock market volatility, you may be wondering what effect such events have on… Read More »Mortgage Rates vs. the Stock Market
If you happen to be in the market to buy a home, you’re probably not giddy with delight over today’s sky-high listing prices. After all,… Read More »Wait, Home Buying Is the Cheapest It’s Been in 20 Years?
If you ask most people, they’ll probably say you should save up a good chunk of money before buying a home, possibly even 20% of… Read More »Why a Low Down Payment Mortgage Might Be the Safer Move
Here’s a hint – a moving van. While the 30-year fixed is the most common home loan program utilized by borrowers today, it might not… Read More »One Quick Reason to Avoid the 30-Year Fixed
While they’re not yet directly involved in the mortgage industry, Amazon has now dipped its toes in the real estate pool via a new home… Read More »Amazon TurnKey: Get Free Stuff If You Use a Realogy Agent
What a difference a decade makes. Back in 2009, it was a lot more common to hear about underwater mortgages than free and clear homeowners.… Read More »37% of American Homeowners Are Now Free and Clear
If you’re in the market to buy a new home or condo, you’ve undoubtedly thought (or stressed) about the required down payment. It’s one of… Read More »Mortgage Down Payment Requirements: What’s the Minimum You Need to Put Down on a House?
