Use A Second Mortgage To Avoid The PMI Trap
When you finance the purchase of a home, in most cases, you will either have to make a sizable down…
Why Mortgage Back Securities Are A Good Thing For Home Buyers
Bonds are just loans that are so big that the institutions that create them divide them into standardized securities and…
Ginnie Mae Fannie Mae And Freddie Mac – Is There A Difference?
What Are These Bonds And Why Should Home Buyers Care? When you borrow from a bank or finance company to…
When Should You Use Financing With A Balloon Payment?
Balance Due At Maturity The conventional residential real estate mortgage has a structure, which includes monthly repayments of principal and…
Assuming The Loan When You Purchase A Home
Assuming a fixed rate mortgage loan is possible if you can meet some very stringent requirements. Loan assumption is a…
All Cash Or Small Home Loan, Pros And Cons Of Each
When you have the funds to pay cash for your home, do you apply for a mortgage a loan or…
Put Funds In The Bank With A Cash-Out Refinance
A cash-out refinance mortgage repays your current balance with a larger loan and gives you the difference as a lump…
Veterans Can Double Down On Their VA Home Loans
Veterans of the United States Military who wish to own a home have a resource that in second to none…
Avoid These Things To Prevent Home Loan Approval Delays
No Sudden Financial Moves Once your lender preapproves you for a mortgage, and you have paid to start the application…
Don’t Take The First Mortgage Package On Offer, Get What Works For You
Home lending is a gigantic industry in the United States; in 2014 lenders originated $1.24 trillion in new home lending…