Modification vs. Refinance
In this post, we’re going to go over go over the difference between a home loan modification and a home loan refinance.
Qualifying for a home loan
This category describes the qualifying requirements needed for a home loan.
What is an Interest Only Loan?
Utilizing interest only loans can be quite valuable for borrowers who plan on refinancing or selling their properties several years in the future.
What is a HELOC?
A HELOC stands for Home Equity Line of Credit and this is essentially a type of mortgage that acts as a credit line against the equity that you have in your property.
What is a conforming loan?
In this post, we’re going to review the three different categories that loan sizes are typically divided up into by mortgage lending banks.
What is a Reverse Mortgage?
Reverse Mortgages allow homeowner’s to gain access to increased cash flow, by utilizing the equity that they’ve built up in their property.
What is APR?
Understanding APR is very important for borrowers who are looking to compare what various lenders are offering them with regard to an interest rate and the loan cost.
What the lowest my credit can be to get a home loan?
The minimum credit score that you will need in order to be qualified for a home loan will depend on the type of home loan that you are applying for. When your mortgage credit report is run by a mortgage lender, you will receive three scores. One score from Equifax, TransUnion and Experian. The bank …
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