Important Changes in FHA MIP Calculations
Thursday, 25 April 2013
FHA loans have grown substantially over the past decade, primarily because of the benefits that these loans offer to families with low to modest budgets. The perks to choosing an FHA loan, one that is backed by the Federal Housing Administration, are plentiful and include lower down payments, more forgiveness toward poor credit and the
- Published in Advice, Checking rates, home loan, home loan, home mortgage, Home Ownership, Home Prices, Housing, Lender, loan, Mortgage, mortgage, mortgage calculator, mortgage insurance, mortgage payment, refinance
Fixed Rate and Adjustable Rate Mortgages: What You Should Know
Monday, 02 April 2012
There are a variety of mortgage loans that are available to homeowners who want to purchase a home. It’s important to be aware of the various loan options so that you can make the best decision based on your long term goals and the monthly payment you can afford. Here are the top five mortgages
- Published in Advice, home loan, home mortgage, mortgage, mortgage calculator, mortgage payment, Tips
What Is a Jumbo Mortgage?
Friday, 23 December 2011
Many people have heard the phrase “jumbo mortgage” and most likely know that it refers to a really large loan. But did you know that some houses in your neighborhood may require a jumbo mortgage and do you know what the loan limits currently are? So how exactly do lenders define what qualifies as a
- Published in home loan, home loan, home mortgage, Lender, loan, Mortgage, mortgage, mortgage payment