Tag Archives: Mortgages

Refinancing to Pay for Renovations? Consider the VA’s Energy Efficient Mortgage Program

Making renovations that are energy efficient is not just a great way to reduce energy output, but it’s also an effective way of decreasing monthly utility costs. It serves as a one-time investment that will save money in the long run. Continue reading

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The HARP Refinance Program Has Been Extended into 2016: Here’s How You Can Take Advantage

With the Home Affordable Refinancing Program recently being extended until the last day of December, 2016, many homeowners who have found their assets in a challenging situation have been given a second chance to apply and receive an affordable mortgage. Continue reading

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You Ask, We Answer: 5 Ways That You Can Proactively Build and Improve Your Credit Score

If you’re planning to buy a house or take out a business loan in the near future, you’ll want to work hard to boost your credit score well ahead of time in order to improve your likelihood of getting the loan you need. But what can you do in order to build your credit score over time? Here’s what you need to know. Continue reading

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Understanding the CFPB’s New Mortgage Rules and How They Might Affect You

The CFPB has several regulations that mortgage lenders need to follow, some of which have only recently come into effect. So how do the CFPB’s new mortgage rules affect you? Here’s what you need to know. Continue reading

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Three Tips to Ensure That a Reverse Mortgage Makes Sense for Your Financial Situation

If you’re having financial troubles, or if you need to free up a large sum in a short period of time, a reverse mortgage is a great way to get the money you need without having to take on new debt or make monthly payments. The great advantages of a reverse mortgage are that you don’t need to make any loan payments until you decide to move out of the house and that in spite of the interest rates attached, you’ll never owe more than the value of your home. Continue reading

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Can You Refinance into a VA Mortgage from Another Type of Mortgage? Yes, If You Qualify

VA mortgages stand out as one of the biggest benefits to men and women serving in the military. Although private lenders make the loan, the Department of Veterans Affairs guarantees all VA mortgages, which is why these loans come with favorable terms and benefits not found with other mortgage types. Continue reading

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Retiring Soon? Learn How a Reverse Mortgage Can Add to Your Retirement Security

How does a reverse mortgage work, and how can it help you to have a more financially secure retirement? Here’s what you need to know. Continue reading

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The Pros and Cons of A Fixed Rate Second Mortgage vs. Opening a Home Equity Line of Credit

If you’re looking at paying off debt and are re-considering the equity in your home, here are a few things you’ll need to know about refinancing your mortgage and home equity lines of credit. Continue reading

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The FHA Mortgage Minimum Credit Score Has Been Reduced. Here’s What You Need to Know…

If you haven’t heard about the changes to the Federal Housing Administration’s (FHA) credit score minimum, here’s some information on the recent reduction and how it may impact your home purchase. Continue reading

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If There’s One Mistake That You Make With Your Mortgage…Don’t Make This One

There is so much to know when it comes to home ownership that even wading into all of the information can seem overwhelming. Here are a few ways that you can ensure you’re ready for what a mortgage entails so that buying your dream home will be a positive experience you won’t regret. Continue reading

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