Refinancing Your Mortgage For a Better Rate or Term

Taking out a mortgage to finance the purchase of a home is a substantial financial commitment, and fortunately, the original terms of your loan don’t always have to be permanent if you refinance your mortgage. A rate and term refinance is an option that can end up saving borrowers a significant amount of money over…

Donate to one of the numerous charitable organizations providing support to people on the ground. Here are three that we’ve donated to: GlobalGiving a crowdfunding platform, currently has a Ukrainian crisis relief fund working to provide food, water, shelter, and other assistance to refugees. Direct Relief is working to fulfill a list of medical needs…

Are you interested in buying a home, and wondering what kinds of documents you will need to provide when you apply for a mortgage? The process of buying a home can seem stressful because it involves several steps, however being well prepared and having all of the necessary paperwork organized ahead of time can help…

One of the many perks of homeownership is the annual mortgage interest deduction. If this is your first year filing as a homeowner, here are some tips to prepare this year’s federal return. Tax filing software or your accountant will help you identify your deductions, including these: You worked remotely in a home office (check…

When buying a home, the interest rate of your mortgage will affect the total amount you will pay for your home throughout the life of the loan. Your credit score directly impacts mortgage rate pricing, and if you have a higher credit score, you will be able to qualify for better interest rates. If you…

If you have a bunch of different stocks or are savvy in stock trading then you likely monitor the S&P 500 or honestly they usually just monitor their own personal stocks. Then you have those who just have a 401-K or mutual fund that has a heavy portion of US Stocks then honestly your best…

Become a Homeowner in Florida With an FHA Loan Buying a property and becoming a homeowner is a very exciting milestone, however, it can be a stressful process because of the many financial factors that go along with it. Oftentimes, potential first time homebuyers are concerned about being able to afford a down payment or…

General requirements applicable to all condo loans: • HOA in control for 12 months. (Unless already approved) • 90% of the units in the condo project sold. • No single entity owns more than (20% for FNMA, 25% for FHLMC) of the total units in the project. • No more than 20% of the total…

Designed with your borrowers in need of higher financing amounts, our JUMBO loan series is a solution fit for someone with a strong financial profile. On top of borrowing more than traditional loan amounts, you could have access to jumbo loan financing with a lower down payment – without mortgage insurance requirements. Large Loan Amounts…

The Federal Housing Finance Agency (FHFA) took steps today to meet one of the goals set forward in its 2022 Scorecard for the GSEs Fannie Mae and Freddie Mac, announcing targeted increases to the upfront fees for certain GSE high balance and second home loans. High balance loans (called super conforming loans by Freddie Mac)…