Posts Tagged ‘home loans’
Buying A House In 2021: A Step-By-Step How-To By RocketMortgage.com
MARCH 03, 2021 BY VICTORIA ARAJ *As of July 6, 2020, Quicken Loans is no longer accepting USDA loan applications. Are you ready to take on the challenge of buying a home in 2021? Make sure to read our how-to guide before you jump in....
What Exactly is a ‘Government Backed’ Mortgage? By Realtor.com
One may or may not be familiar with the term ‘government backed’ but it might be a bit confusing at first. First, what it’s not, isn’t a guarantee someone is going to get a mortgage because it’s backed by the federal government. ...
Alternative Mortgage Lenders are Changing the Marketplace By RealtyTimes
Alternative mortgage lenders include online lenders and non-bank lenders. They’re shifting the real estate marketplace and making it much simpler and easier for consumers to get a mortgage. So what should you know? There are three mai...
You Don’t Need 20% Down and Seven Other Myths That Are Getting in the Way of Homeownership By RealtyTimes
Think you need to come up with 20% for a down payment in order to buy a house? It might surprise you to know that the median down payment for first-time buyers last year was just 7%, per the National Association of Realtors�...
The Differences Between Financing New Construction and an Existing Home By RealtyTimes
Financing for new construction as well as financing an existing home both involve getting a loan with real estate as the collateral. They’re both the same in that manner but clearly different in others. Let’s look at the differences be...
There’s more to refinancing than low mortgage rates By Post Independent
Mortgage rates are very low, so it must be time to refinance your home, right? While that will be the case for some borrowers, local lenders are taking a cautious stance. It depends “When you quote a rate, everybody wants the...
Falling rates boost mortgage market to pre-crisis levels By MSN.com
The mortgage market turned red hot over the summer, posting its biggest three months since the financial crisis. Lenders extended $700 billion of home loans in the July-to-September quarter, the most in 14 years, according to industry r...
Difference Between Pre-Approved and Pre-Qualified for a Mortgage By Realtor.com
Should you get pre-approved or pre-qualified? What's the difference? That's what our mortgage expert Dara Delgado of Dara Delgado Home Loans comes in to help explain the difference.