Freddie Mac had a refinance program for borrowers with little equity in their homes. The FMERR program expired on September 1, 2019, but they have extended it before. Below we’ll touch on the basics of the FMERR program as well as show you the alternative most people can benefit from in place of Read more
Archives for February 2020
Do Student Loans Stop you From Getting a Mortgage?
If you left college with a boatload of debt, you may feel like you are stuck renting for the rest of your life. Luckily, that doesn’t have to be the case. Student loans do add debt to your monthly load, but they don’t have to be the reason you don’t get a loan.Get Matched with a Lender, Click Read more
What Does Table Funding Mean?
As you head to your loan closing, you may hear the term table funding used. You may also hear it called a ‘wet closing.’ This is in contrast to the other option, which is a ‘dry closing.’ While the names sound odd, it basically pertains to a closing that occurs when the ink on the paper is ‘wet,’ or Read more
Should You Live in a Condo?
Living in a condo has its benefits, but it has downsides too. It’s not the right place for every homebuyer. Should you live in a condo? Ask yourself the following questions.Get Matched with a Lender, Click Here. Do You Need Privacy? If you can’t handle living close to your neighbors, such as Read more
Is There a Right Time to Lock Your Mortgage Rate?
Borrowers everywhere want to know – when should they lock in a mortgage rate? Is there a perfect day or time of day to do it?Looking for Current Mortgage Interest Rates? Click Here.We’d love to tell you that we can predict the future and tell you exactly when to lock your rate, that’s just Read more
