Jumbo Mortgage vs Conforming Loan: Which One Do You Actually Need?
Loans over $832,750 require a jumbo mortgage with stricter credit, larger reserves, and higher down payments. Understand how loan size affects your rate, timeline, and closing...
Avoiding Private Mortgage Insurance
Private mortgage insurance, or PMI, is an insurance that protects the lender in the event that the borrower defaults on their payment.
Choosing a Mortgage Company
Since there are so many options out there for mortgages, how does one go about choosing a mortgage company?
There Are Different Types of Home Mortgages
It is important to know the different types of home mortgages before committing to just one of them.
Repayment Mortgage vs. Interest Only Mortgage
Every situation is unique – talk with your mortgage lender about whether a repayment mortgage or an interest only mortgage is best for you.
When is a Reverse Mortgage Right?
The reverse mortgage can be a lump sum, a monthly check, or a combination of both.
Mortgage Repayment Options to Cut Years Off Your Home Loan
While most people will simply pay the minimum on their mortgage each month, there are many other mortgage repayment options.
No Fee Credit Cards With Cash Back
Annual fees are not a hard, fast rule and several credit card companies offer no fee credit cards with cash back.
Mortgage Lending After the Great Recession
As mortgage lending continues to roil the US and world economies, the mechanics of mortgage lending come under greater and greater scrutiny.
Estimate Your Mortgage Payment Before Applying for a Loan
The best thing to do is to estimate your mortgage payment, and err on the high side.
Using APR to Get At the True Cost of A Mortgage
The APR gives a much more accurate picture of the true cost of a mortgage.
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