You already have a mortgage, so you assume you know everything about refinancing. This may not be true, though. There are some differences between a purchase mortgage and a refinance mortgage. Before you start the process, familiarize yourself with these terms. This will enable you to know the right Read more
Archives for November 2020
How to Get the Right Mortgage for a Fixer-Upper
If you’ve fallen in love with a fixer-upper, you may find that it’s difficult to find financing. Your standard conventional loans or even government-backed loans won’t touch it. The home must be able to pass an appraisal to get this type of financing. So what type of loan can you get that will allow Read more
Reasons to Consider a Stated Income Refinance Loan
The stated income loan received a bad reputation after the housing crisis. In fact, there was a long period of time where no lenders offered this program at all. Now that things have settled down and lenders figured out the best way to handle certain situations, the stated income purchase and stated Read more
