Domestic Partnership Mortgage

In a Domestic Partnership? What you Need to Know About Your Mortgage Basic property ownership rights for domestic partnerships Property ownership rights related to domestic partnerships will vary based depending on the laws of the city and state where the couple lives. This includes the rights a partner has to property that was owned before … Read more

Home Equity Loan After Bankruptcy

Can I Get A Home Equity Loan After Bankruptcy? Recovering your financial standing after bankruptcy can feel like an uphill battle, but it could be easier than you think. Take it one step at a time, and you can do it. And if you are looking for a home equity loan, there still may be … Read more

Adjustable-Rate Mortgage

When Does an Adjustable-Rate Mortgage Make Sense? When you’re shopping for a mortgage, the rates you’ll see quoted for adjustable-rate mortgages look awfully tempting. In nearly every case, they’ll be significantly lower than a standard 30-year fixed-rate mortgage. That’s because these rates only apply for a short period of time — typically going up significantly after a … Read more

Mortgage Loans

Mortgage Loans Shop for a mortgage A mortgage is a major long-term commitment, so it’s important to shop carefully — you don’t want to overpay for your house every month for the next 30 years. One Stanford University study found that getting at least four quotes for a home loan saved participants over $2,300 in closing costs. … Read more

Streamline Refinance

Streamline Refinance Programs If your existing mortgage is backed by the government, you may be entitled to refinance under a “streamline refinance” program. These cut both the time and the paperwork required, and often make it much easier to get approved because some ignore your employment status, the current market value of your home and … Read more

Mortgage Pre Approval

Mortgage Pre Approval Getting a mortgage pre approval is a crucial stepping stone on your way to becoming a homeowner, but it doesn’t mean you’re in the clear to borrow from a lender just yet. A preapproval does give you a leg up over the competition, though. What is a mortgage preapproval? A mortgage preapproval … Read more

Closing Costs

Closing Costs When you buy a home, in addition to your down payment, you need to budget for closing costs. Closing costs are the fees paid to third parties that help facilitate the sale of a home. The amount you’ll pay depends on several factors including the price of your home, your lender’s requirements, and … Read more

Freddie Mac vs Fannie Mae

Differences Between Freddie Mac vs Fannie Mae We study here the differences between Freddie Mac vs Fannie Mae. If you’re on the hunt for a new house or have bought one in the past, you’ve probably come across Fannie Mae and Freddie Mac, and wondered what role they might play in helping you move into … Read more

Reasons A Mortgage Loan Is Denied

All The Reasons A Mortgage Loan Is Denied Reasons a mortgage loan is denied. If your mortgage application was denied, know that you aren’t alone. Nearly 11% of mortgage applications were denied in 2021, according to the latest available data from the Consumer Financial Protection Bureau (CFPB). Reasons for a mortgage application denial usually fall into a … Read more

Home Loans For Bad Credit

Home Loans For People With Bad Credit Home Loans For Bad Credit. All it can take to damage your credit score is a few missed bill payments, some maxed out credit cards or even life circumstances beyond your control, such as divorce or serious illness. When you have a lower credit score, it can be much harder … Read more