What Is a Primary Residence?

Primary Residence Definition

A primary residence is a home that you live in a majority of the time. Understanding the official primary residence definition and how lenders and the[…]

What Is a VA Cash-Out Refinance Loan?

va cash out refinance

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[…]

What Is an FHA Streamline Refinance?

fha streamline refinance

An FHA streamline refinance gives borrowers a way to refinance their mortgage with minimal paperwork and qualifications. Because of the limited[…]

How to Get Rid of PMI on a Mortgage

how to get rid of pmi

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[…]