Latest on the Blog

money for mortgage

FHA Mortgage Insurance Reduction

HUD announced in Mortgagee Letter 2015-01 that certain FHA loans have the opportunity to have their mortgage insurance reduced. Basically certain FHA loan borrowers can refinance their FHA loan and receive a FHA mortgage...

Read The Full Post
interest rate basics

Mortgage Interest Rate Basics

Securing a mortgage is an exciting time, because it is the opportunity that allows you to have a home of your own. The problem with mortgages is the fact that many people don't understand how their mortgage works, resulting...

Read The Full Post
How to read a good faith estimate

How To Read A Good Faith Estimate (GFE)

A good faith estimate (GFE) is a government-mandated document that’s designed to inform you of the exact nature of the proposed home loan, your obligations under the agreement, and other important details. This gives you...

Read The Full Post
graphs

What Is a VA Hybrid ARM

VA Hybrid ARM’s are a loan program that combines the benefits of a fixed rate mortgage with the flexibility of an adjustable rate mortgage. This loan option can be a suitable option for many homebuyers. Let’s take a...

Read The Full Post