Mortgage rates are the most talked about topic when it comes to getting a new mortgage. Most borrowers want the lowest rate possible, yet they don’t know what affects those rates. While it’s nearly impossible to predict what rates will be when you need a mortgage, you should know what Read more
Archives for March 2018
The Top Reasons Some Mortgages are Too Risky
Many people need a mortgage if they want to buy a home. Unfortunately, mortgages are not a one-size-fits-all approach. Some borrowers need specific features in order to qualify. However, some of those features may be considered ‘risky.’ Are they too risky for you?Get Matched with a Lender, Click Read more
Are Interest Rates Higher for a Cash Out Refinance?
There’s one thing most borrowers worry about when getting a new mortgage – the interest rate. So it’s no wonder people worry about the interest rate when taking a cash out refinance. The talk is that rates are higher with this type of loan; is it true?Compare Offers from Several Mortgage Read more
Home Financing Options for H-1B Work Visa Holders
If you have a work visa but want to establish residency in the United States, you are in luck. There are a few programs you can get just as a United States citizen would. Fannie Mae and FHA loans are both loans that allow H-1B workers to obtain.Get Matched with a Lender, Click Here.Keep Read more
Things to Know Before You Buy a Home in a Flood Zone
Before you can close on a mortgage, your lender will need to know a few things about your home. The most important is the value. They cannot lend you money if the value of the home isn’t high enough. Second most important, however, is if the home is in a flood zone. If it is, you will be required to Read more