All things mortgage and home-buying: mortgages
As a buyer, your primary focus should be securing a mortgage with favorably low interest rates and a monthly payment that doesn't constrain your budget. But remember, your credit..
Why is your credit score an important indicator in the decision of a mortgage lender when asking for a loan? Not only is it important to lenders, but also for your overall..
For many Americans, a mortgage represents the largest long-term debt obligation they’ll ever have in their lifetime. For this reason, shopping around for the lowest mortgage rate..
A cash-out refinance replaces your old mortgage with a larger home loan, and you get to cash out the difference. It's a great way to access the equity you've built in your home,..
Want to figure out how much your monthly mortgage payments will be? If you are a first-time homebuyer and you want to know what your monthly payments will be, using a mortgage..
Everyone wants to get a good house. But good houses are hard to land because they attract competition. Plus, sellers receive many bids—meaning they can afford to be choosy.
A kick-out clause is part of a home sale contingency. In this contingency, you’re given time to sell your house to enable you to pay for the new house.
Refinancing is viewed as a smart financial move if it results in a drop in your monthly payments, reduction in the loan duration or a spike in your home equity. But here’s the..
In this edition of "Ask the Underwriter" we break down a post from a current Texas homeowner who is looking to refinance before buying a new home.