A bank-owned REO home is one the bank had to take possession of due to mortgage default and that they couldn’t sell at auction. The bank now owns it and wants nothing more than to sell it. This could put you in a good position as a buyer. It also puts you in a risky position if you are not careful, Read more
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Mortgage Rates, Guidelines and Lender Information
FHA Loans Articles
How the FHA Mortgage Insurance Affects Your Monthly Payment
If you take out an FHA loan, you’ll pay mortgage insurance for the life of the loan. The mortgage insurance protects your lender should you default on
Important Articles
What is Rapid Rescoring?
If you need to fix your credit quickly, you may be sorely disappointed with the standard credit reporting process. Yes, you can dispute issues on your
The Dos and Don’ts of the Mortgage Approval Process
When you are ready to buy a home, you have a lot of decisions to make. You also have a lot of work to do. Lenders will evaluate your finances inside
Buying a Home Articles
Top Ways to Avoid Paying Too Much PMI
If you put less than 20% down on a home and you use conventional financing you'll pay PMI or Private Mortgage Insurance. On the one hand, this Read more
Home Refinance Articles
When Should You Refinance from a 30-Year to a 15-Year Mortgage?
You can get a lower rate and pay off your mortgage faster, what’s not to love about the 15-year mortgage? It just makes sense to refinance into it Read more
Mortgage Refinance Articles
Factors You Need To Look Into If You Plan To Refinance Your Mortgage
Refinancing home mortgages have been gaining popularity among homeowners. While mortgage rates continue to rise, it's not surprising to get tempted to Read more
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