It’s an annual tradition that happens in the fourth quarter of each and every year. Well, maybe not a tradition in the sense of a holiday but the mortgage industry certainly takes notice. What is this event? Back in 2008 as part of the Home Equity Recovery Act, or HERA, …Read More
FHA Home Loan News, Tips & Information
2019 Mortgage Rates Forecast – FHA, USDA, VA
Mortgage rates are in a constant flux. Consumers aren’t really aware of these intra-day movements, but mortgage lenders certainly are. While rates can move up or down every so slightly during the business day, it’s the longer term trend that can affect home buyers savings. Interest rates have been moving …Read More
Cost Involved In Purchasing a Home
Many home buyers are interested in the actual cost involved in purchasing a home. In this post below we will discuss some common things, and not so common things you want to keep in mind when making a home purchase. Buyers that have questions about applying for a loan can reach out …Read More
Financing Energy Efficient Improvements
Whether buying or refinancing, there are options that allow borrowers to make energy efficient upgrades with their homes. Whether it’s for a new HVAC system or something as simple as replacing inefficient windows with thermal ones, there are ways to leverage today’s mortgage rates and finance the costs of these …Read More
Austin, Travis County Jumbo Loan Changes
Some new loan updates have recently come out for Austin home buyers that require Jumbo home financing. The new programs are allowing greater down payment flexibility, in some cases up to 95% financing. In this post we will look at all the latest changes and updates, homebuyers can learn more about …Read More
FHA or VA Loan the Better Choice For Mobile Ala Home buyers?
Mobile, Alabama, the county seat of Mobile County, is Alabama’s only saltwater port and the hub of its economic engine. The Port of Mobile was originally an important trading post between the French who colonized the region and the local Native Americans. Today, it’s the 12th largest port in all …Read More
Financing Luxury Homes in Tampa
Tampa, Florida is located in Hillsborough County and was originally a United States Army outpost named Fort Brooke. In fact, the original settlement spot was located right where the convention center is today. Tampa also boasts three major sports franchises, the Tampa Bay Buccaneers, NHL’s Tampa Bay Lightning and the …Read More
Reasons Why Millennials Should Purchase a Home
Millennials have officially taken over as the driving economic force today. As more and more baby boomers face retirement and are no longer in the workforce it’s the millennial who will wield the purchasing power. This age group ranging from 18 to 34 or so which also means their buying …Read More
Pittsburgh Reduced Down Payment Jumbo Loans
Jumbo mortgage options have recently expanded in Pittsburgh – Allegheny County over the last few years. The new programs today include low down payment financing structures with only 10% and 5% down for approved home buyers. In addition, the programs are not limited to only Jumbo purchase transactions, but also include rate-term …Read More
Indiana First Time Buyer Program Recap
There are many mortgage options that allow Indiana homebuyers to purchase a home with little to NO down payment. Conventional mortgages have always required a 5% -20% down payment, which is fine for more seasoned home buyers, but out of reach for the average first-time buyers. Other options in today …Read More