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Home Possible Income and Property Eligibility Guidelines

May 27, 2019May 12, 2019 JMcHood 0 Comments freddie mac, Home Possible mortgages, income requirements

If you are a credit-worthy borrower that just doesn’t have a large down payment, you may be a good candidate

Buying a Home Down Payment Home Purchase Loans

How Much Money do You Need to Buy a House?

October 25, 2018October 31, 2018 JMcHood 0 Comments cash reserves, home purchase costs, mortgage down payment, prepaid expenses, saving for a home

You have your down payment saved, so you think you are ready to buy a house. Before you start, you

Home Purchase Loans Home Refinance Loans News

Mortgage Rates for Long-Term Loans Hit Record Low in 2017

October 3, 2017September 25, 2017 CHamler 0 Comments 30-year fixed loan, conventional loans, Freddie, government-backed loan programs, Online Mortgage Calculator

This week, rates for mortgage loans with a 30-year fixed loan term had dropped to its lowest this year.

Buying a Home Home Purchase Loans

Here’s Everything You Need To Know About USDA Loans

September 7, 2017September 14, 2017 JustinM 0 Comments home buying, USDA, usda home loans, USDA loans

You’d probably think of farmlands or hilltop houses when you hear or read up about home loans backed up by

Home Purchase Home Purchase Loans Mortgage Application News

Mortgage Applications Take an Upswing from the Previous Week

August 16, 2017August 14, 2017 CHamler 0 Comments access to jumbo loans, August, jumbo loans, Mortgage Application Weekly Survey, mortgage applications, US Department of Agriculture

The month August showed a good kickstart for this month’s mortgage application activity. In a report released Wednesday, August 9,

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IMPORTANT MORTGAGE DISCLOSURES:

When inquiring about a mortgage on this site, this is not a mortgage application. Upon the completion of your inquiry, we will work hard to match you with a lender who may assist you with a mortgage application and provide mortgage product eligibility requirements for your individual situation.

Any mortgage product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the mortgage credit product.

When applying for a mortgage credit product, lenders will commonly require you to provide a valid social security number and submit to a credit check . Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved for mortgage refinancing.

Minimum credit ratings may vary according to lender and mortgage product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee.

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