Inside the New Mortgage Anti-Predatory Law
Congress moved closer to approval of the Mortgage Reform and Anti-Predatory Lending Act,…
Articles by Kirk Haverkamp
Insurance and Your Second Home
A second home is not necessarily "home sweet home" when it comes to homeowner's…
Interest-Only Second Mortgages
Homeowners who are looking for a short-term infusion of money might consider an…
How Hard Is It to Get a Mortgage?
Just how hard is it to get a mortgage these days? Maybe not as tough as you think. While…
Does Betting Online Affect Your Mortgage Approval or Application?
For mortgage lenders, the ability to pay back what you owe at the agreed time is an…
Few Past-Due Loans Eligible for HAMP
Millions of U.S. homeowners have fallen at least two months behind on their mortgage…
Don't Let Credit Cards Affect Your Mortgage
Keeping credit card debt in check gives you more financial strength, which you can put…
Complete guide to FHA Mortgage Loans
FHA home loans are one of the most popular types of mortgages in the United States. With… You can use an FHA mortgage to buy a home, refinance an existing mortgage or get funds… • FHA mortgage rates are very competitive. And since the FHA doesn't charge higher rates… with as little as 3.5 percent down. However, there are some situations where you may want… The 203(b) is a fixed-rate mortgage. It's most commonly done as a 30-year loan, but other… Here's how it works. Suppose your home is worth $200,000 and you still owe $100,000 on… FHA 203(k) lenders offer two versions of the loan, the standard and the Streamlined. The… With an FHA reverse mortgage/HECM, you have several options for borrowing. You can borrow… cracked window glass are not an issue, but more serious matters such as frayed wiring, a…
Don't Overlook Down Payment Assistance
For many potential homeowners, coming up with a down payment can be the biggest obstacle.…
FHA Clarifies Reverse-Mortgage Rules
Concerned over potentially misleading advertising and sales presentations for reverse…
