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
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
The Ways That You Can Deduct Hazard Insurance on Your Taxes
Your pay a lot of expenses when you own a home, many of which you can deduct on your taxes. Even with the latest tax reform, there are still many tax deductions available which help homeowners decrease the cost of owning a home.Get Matched with a Lender, Click Here.One expense you cannot Read more
The Top Ways to Get a Seller to Pay Closing Costs
When you buy a house, you have a lot more to pay for than the down payment. The closing costs alone can cost up to 5% of the loan amount. If you have a $200,000 loan, you may need as much as $10,000 more than your down payment. Sometimes sellers can help you with those closing costs, but how do you Read more
