A VA cash-out refinance, guaranteed by the U.S. Department of Veterans Affairs, allows borrowers to tap into their home equity while refinancing a[…]
Article Audience: An Experienced Home Buyer
An Experienced Home Buyer
What Is an FHA Streamline Refinance?
An FHA streamline refinance gives borrowers a way to refinance their mortgage with minimal paperwork and qualifications. Because of the limited[…]
FHA Cash-Out Refinance: What It Is and How It Works
An FHA cash-out refinance can help you tap the home equity you’ve built up over the years if you have specific financial goals in mind. Since[…]
How to Get Rid of PMI on a Mortgage
Borrowers wondering how to get rid of PMI, or private mortgage insurance, may be surprised to learn there are multiple ways to cancel it. PMI is[…]
What Is a Lender Credit and How Does It Work?
Homebuyers shopping for a mortgage frequently ask what is a lender credit. When you take a lender credit, the mortgage company agrees to pay some or[…]
Rental Property Loans: How to Finance Your Investment Property
Many people begin investing in real estate by taking out a rental loan to purchase a property and renting it out. If you’ve found a house that[…]
4 Eco-Friendly Home Upgrades for 2022 (and How to Pay for Them)
Making eco-friendly improvements to your home can be good for the environment – and your wallet. If you’re looking for ways to go green at home,[…]
8 Ways to Win Housing Bidding Wars
Homebuyers in today’s real estate market are likely to face bidding wars. With more buyers out there than homes, most property listings receive[…]
What Is a Jumbo Loan?
A jumbo loan is a mortgage for homes that exceed conventional conforming loan limits. For 2022, the conforming loan limit is $647,200 in most parts of[…]
Comparing a Cash-Out Refinance vs. HELOC
Home prices have risen rapidly in recent months, and many homeowners are weighing a cash-out refinance vs. a HELOC to tap into their growing equity.[…]