You just bought your home within the last year or so, does it make sense to refinance? Most people wait a few years before refinancing their mortgage. After all, they just paid all of those closing costs; do they want to do it all over again?Get Matched with a Lender, Click Here.Given Read more
Archives for September 2019
Can I Get a Refund on FHA Mortgage Insurance?
If you have been thinking about refinancing your FHA mortgage, yet cringe at the thought of paying that upfront mortgage insurance premium again, you are in luck. If you originally obtained your FHA mortgage less than 36 months ago, you may be entitled to a refund of the initial premium that you Read more
What Should Your Mortgage to Income Ratio Be?
When you apply for a mortgage, you have to meet the mortgage program guidelines, including the mortgage to income ratio. The debt ratio, or front-end ratio, compares your mortgage payment to your gross monthly income. It’s the percentage of your gross monthly income that your mortgage payment takes Read more
