985-300-LOAN (5626)

The Weeks Team

  • The Dharma Project
  • Loan Info
    • Products
    • Process
    • Homebuyer Tools
    • Specialty Products
  • Mortgage Peace
  • About
    • Meet the Team
    • We Believe
    • As Seen On
    • Blog
  • Apply
    • Start an Application
    • Secure Document Upload
  • My Account
  • Contact Us

Important Changes in FHA MIP Calculations

Thursday, 25 April 2013 by Stephanie Weeks
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
affordbenefitsFHAFHA loangovernmenthomeinterestlenderlendingloanMortgagemortgage insurancemortgage paymentmortgagesrefinancing
Read more
  • 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
No Comments

Pros and Cons to Debt Consolidation Loans

Thursday, 28 February 2013 by Stephanie Weeks
Debt consolidation is the act of refinancing your home, or taking out a 2nd mortgage, to pay off several smaller loans including retail or consumer loans that may not be tied to your home. It’s a way to help people gain control of their finances; instead of having all types of loans with various interest
advisorafforddebtdebt consolidationfinanceslenderlendingloanmoneyratesrefinancing
Read more
  • Published in Advice, Credit, home loan, loan, long-term goals, refinance
No Comments

Prepayment Penalties: What You Need to Know

Tuesday, 27 March 2012 by Stephanie Weeks
What are Prepayment Penalties? Whether you’ve recently applied for a mortgage loan or are considering doing so, it’s important to familiarize yourself with prepayment penalties. Prepayment penalties are exactly as they sound; they are penalty fees charged to the borrower for paying off their loan before a certain time period. Generally speaking, the penalties are
mortgage payoffprepaymentprepayment penaltiesrefinancing
Read more
  • Published in Advice, home loan, home mortgage, refinance, Refinancing, Tips
No Comments

What is a Second Mortgage?

Thursday, 11 August 2011 by Stephanie Weeks
A second mortgage is a home mortgage that you take out in addition to your first. It is a different arrangement from a refinance. When you refinance a mortgage, you simply take out a loan that loan replaces your existing mortgage. A second mortgage is written in addition to your first mortgage so you have
2nd mortgagecash out refinancecredit card debthome improvementslien positionNOLArate and termrefinancing
Read more
  • Published in Advice, Refinancing, Second Mortgages
No Comments

Can You Refinance a Home Mortgage into One Name?

Tuesday, 12 July 2011 by Stephanie Weeks
As mortgage lenders, one question we are often asked is whether or not you can refinance a home mortgage into just one person’s name.  There are some cases where you may want to have your mortgage debt in one name only. This can be done, but it will depend upon a couple of things: Credit
debthomelendermoneyMortgagerefinancerefinancing
Read more
  • Published in Advice, Mortgage, Refinancing, Tips
No Comments

What are the Benefits of Cash Out Refinancing?

Tuesday, 21 June 2011 by Stephanie Weeks
Cash out refinancing is a way that you can borrow money against the investment you have in your home by refinancing more than the balance you owe on your home mortgage. It’s important to remember that this is, in fact, a loan. It’s not a profit that you’re making off of your home and is
benefitscashhomeinterestmoneyMortgageoutraterefinancingsavingstaxes
Read more
  • Published in Advice, Refinancing, Tips
No Comments

When to Consider Refinancing Your Mortgage for a Better Rate

Tuesday, 24 May 2011 by Stephanie Weeks
If you have an adjustable rate mortgage or a home mortgage with rates that aren’t favorable, you may want to consider refinancing. Before you do, however, you have to take a look at your situation and see if it’s a good time to go through with it. Even though the rate will drop, there are
advisorcreditexperthomeloanMortgageraterefinancing
Read more
  • Published in Advice, Mortgage, Refinancing, Tips
No Comments

Recent Posts

  • Mortgage Terms 10, 15, 20, and beyond

    Mortgage Terms: You have more options than 15 or 30 years!

    Timing is everything when it comes to home loan...
  • Monthly Mortgage Payment Image

    Monthly Mortgage Payments: What You Need to Know BEFORE Applying for a Loan

    When it comes to your monthly mortgage payment,...
  • House, keys, and calculator on top of paperwork

    Is Mortgage Insurance Required Regardless of Your Down Payment?

    Do you know what to expect when it comes to mor...
  • mortgage insurance image

    Mortgage Insurance: Explore Your PMI/MIP Home Loan Insurance Options

    Trying to secure a home loan? Looking to get pr...
  • Choosing the Right Lender by knowing what questions to ask image

    Choosing the Right Lender: Questions to Expect from Your Mortgage Loan Office

    Choosing the right lender can feel overwhelming...

  • Home
  • Loan Products
  • Loan Process
  • Homebuyer Tools
  • Mortgage Peace
  • Meet the Team
  • We Believe
  • Blog
  • Apply
  • Contact Us
  • Privacy Policy

Copyright © 2020 Weeks Team Inc. and its licensors. All rights reserved.

TOP

Download the App!