I am concerned that the next wave of ‘putting a finger in the dike of the housing crisis’ cures will be built around risky loans
The terms “prequalified” and “preapproved” are wrongfully used interchangeably when discussing homebuyers and mortgage loans.
Most readers are aware that a reverse mortgage on an existing home can provide a senior homeowner with equity-based income. Now a new program from
The Secure and Fair Enforcement Mortgage Licensing Act is about to have a huge negative impact on the value of your home, and I bet you have never even heard
When it comes to comparing interest rates for a mortgage loan, home buyers often have the option of choosing a loan with a lower interest rate by paying
I was asked recently by a reader, via email, what my thoughts were on reverse mortgages. My initial response was that I did not have much experience with
I have a friend who has fallen on hard times, and he owns home that is (was) worth well over $1M. Like most Americans, he has the home
When we submit your offer to the Seller, that Pre-Approval Letter represents a bag of cash in hand for the Seller, thus making your offer stronger than others
Refinancing your mortgage is not always the best option. Here are a few questions to ask yourself before considering refinancing your mortgage:
Do you want to buy a home and have good enough credit to purchase the home, but are currently short of the cash needed for the down payment?
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