Developers that buy multiple properties at once often don’t want individual mortgage programs. That can become a nightmare. They prefer the blanket mortgage, which is one mortgage program that covers the purchase of one or more properties.Get Matched with a Lender, Click Here.The blanket Read more
The Difference Between Conforming and Non-conforming Mortgage Loans
As you shop for a mortgage, you’ll likely hear the terms conforming and non-conforming thrown around. It’s important that you understand these terms and figure out how you fit into them in order to determine which loan is right for you.Compare Offers from Several Mortgage Lenders. What are Read more
How Does a 5/1 ARM Loan Work?
One of the choices you must make when you take out a loan is choosing between a fixed rate and an adjustable rate. The adjustable rate or ARM, gives you an introductory interest rate with the ability for the rate to adjust in the future.Compare Offers from Several Mortgage Lenders.In this Read more
How to Prepare for ARM Reset
If your adjustable rate mortgage is about to reset, you could be in for a major financial surprise. Before you get in over your head, learn what you should do to prepare yourself. The earlier you start acting, the more prepared you will be for the new rate when it comes.Looking for Current Read more
What to Expect for the 2018 Conforming Loan Limits
Each year the Federal Housing Finance Agency evaluates the current conforming loan limits to determine if it needs to change. Sometimes the limits change and sometimes they remain the same. 2018 looks like it will be a year of change, though as the new limit will increase to $453,100. This is an Read more
