Subprime loans are coming back, but under a new name.Nonprime loans are replacing subprime mortgages as a new form of bad credit mortgages, but with some safeguards the old ones lacked.
Homeowners insurance is something many people don't give a lot of though to, but careful shopping can save you hundreds, even more than $1,000 in premiums a year.
As non-bank lenders are starting to dominate the mortgage market, many of them don’t offer the same services that ordinary banks or credit unions typically do, including home equity loans and home equity lines of credit (HELOCs).
The Zillow Housing Aspirations Report, released earlier this year, found that renters have more regrets about their housing than do homeowners and mortgage holders.
A recent move to cut federal programs providing down payment support for FHA loans will likely make it harder for first-time homebuyers and lower-income families to buy a home.
Worried your personal information may have been compromised by a hacker who could use it to apply for credit cards or loans in your name? Putting a freeze on your credit can stop them.
The requirements for getting a mortgage to buy a second or vacation home can be significantly more stringent than those to buy a primary residence.An alternative possibility: tapping the equity in your current home instead.
Qualifying for a mortgage isn't as difficult as you may think.A recent study by Fannie Mae found that most people think that the requirements for getting a mortgage are more stringent than they actually are.
Mortgage rates on 30-year loans have once again fallen below 4 percent, creating opportunities for those looking to buy a home or refinance their current mortgage.Here's a look at some of the opportunities - as well as a few downsides to look out for.
Having trouble getting the mortgage you want because of credit problems or irregular income? Or because conventional mortgages don't offer the features you're looking for, like interest-only payments or a balloon term? Then a non-QM loan might be right for you.
The TALC, or Total Annual Loan Costs form, is the disclosure form on a reverse mortgage that plays a similar role that the Good Faith Estimate and Truth in Lending form do with a regular home loan.Here's how it works.
Struggling to pay off your credit cards or other debts with high interest rates? If you have enough equity in your home, a cash-out refinance might be the answer.
Electricity, gas, water, maintenance and other costs of running a house can be expensive, especially if you own an older home that needs updating.But a few home improvement projects can often pay for themselves over time.
You're looking for a home loan, and your options include a direct lender and a mortgage broker.So what's the difference and which is the better option for you?.
A historic home offers beauty and a chance to own a piece of history, but will likely cost more to keep running than a modern home, while local regulations may limit what types of work can be done on it.
Online mortgage lending is becoming increasingly common and can offer lower rates and greater convenience for many borrowers, though those with particular needs may still need to work with a lender in person.
With a zero-down payment option and attractive rates, there's plenty to like about VA loans, but are they always the best home loan choice for veterans?.
Don't have enough money to buy your first home? Or want to build equity quickly? One option for entering the housing market is to “house hack” and buy a multi-unit home to rent out to tenants and charge them enough to cover the mortgage, or close to it.