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Articles

Quicken, Mr. Cooper, Chas, Wells may have the Biggest Marketing Budgets, but Does this Make them Good for American Homeowners or just make them Great Marketers?

If you start shopping for a mortgage today, you will see some new names and faces from a decade ago. The mortgage industry has changed and there are a lot of choices out there. But which ones are good and not so good? Us News and World Report recently issued …

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Is It Still Smart to Refinance for Cash Back in 2018?

The demand for cash out refinancing has not slowed down in recent years. Yes, interest rates remain near historically low levels and consumers in the U.S. continue to embrace tapping the equity in their property to receive money in their hands. Will New Tax Laws Impact Homeowners? Congress enacted new …

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What is a FHA Mortgage and Do I Need One to Buy a House?

The FHA loan program has become a household name with realtors and first time home buyers for several decades. This is a trusted government-backed home financing program that should be considered when buying or refinancing in 2018. History of the FHA Mortgage Programs This is home loan is insured by …

Featured Loan Programs

How to Finance a Home in a Rural Area – What Are USDA Loans?

What if we told you it is possible to get a home loan in 2018 with zero money down, lower rates than FHA financing, and even can finance closing costs? You might say we lost our minds. But if you get a home loan backed by the US Department of …

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Does My Credit Union Offer the Best Home Equity Options?

One of the most popular things that people like to do when they own a home is to get a home equity loan. This type of secured loan allows you to borrow cash against the value of your property. The loan gives you access to large amounts of cash, and …

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Can I really get a mortgage over the internet and never talk or meet my representative?

Many of us dread getting a mortgage because the process is so time consuming. But there are ways to get a loan that can save you time. These days, one option is to work with an online mortgage lender to get your loan. Instead of going to a bank or …

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Save Money Taking Out This Loan Over and Over with the 7/1 ARM

Who doesn’t want to save money on their mortgage payment? No one! A viable option for you could be a 7/1 ARM. This is an adjustable rate mortgage with a low fixed rate for the first seven years. The rate then adjusts annually after that. This type of loan could …

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Why Is It so Hard to Qualify for a Home Loan? Doesn’t Technology Help?

Some people who want to buy homes are in a bind these days. Rents in 2018 are going higher and are eating into more of people’s paychecks, and home prices are rising in much of the country. Generally, it is better to buy a home than to rent, as you …

1st time homebuyer
Articles

1st Time Home Buyer Options for the Non First-Time Home Buyer.  See What’s Out There.

If you are looking for a home and a mortgage, you may have seen a lot of advertisements and offers for first time home buyer programs. Below is more information about the programs available, and other valuable information about what a 1st time home buyer is. First, you may qualify …

low credit mortgages
Articles

Are No Income, Low Credit Mortgages Really Coming Back?

You probably are not surprised to know that mortgage lenders like to lend money to people with high credit scores. A good credit score shows you have a strong record of managing your finances. This indicates a high probability the lender will get a good return on their investment by …