How to find the best FHA mortgage lender

Posted May 15, 2019

Buying a home is one of the most important investments many of us make, but reaching this milestone isn’t always easy. Stricter lending requirements have made qualifying for a mortgage more difficult since the housing crisis. Meanwhile, climbing home prices have made it harder to save up enough money for a down payment and closing…Continue Reading

Zero down payment loans are now available for real estate investors

Posted May 1, 2019

Over the last few years, several lenders rolled out zero down payment mortgages for home purchases, typically gifting borrowers the minimum 3% down payment that was required by Fannie Mae and Freddie Mac to approve the loan. Those loan programs all but went away when the government-sponsored enterprises changed their rules to require borrowers to provide the 3% down payment themselves, effectively killing…Continue Reading

Rising mortgage applications show signs of promising spring homebuying season

Posted February 21, 2019

Mortgage applications pushed forward for the week ending Feb. 20, 2019, according to the newest data from the Mortgage Bankers Association‘s weekly Mortgage Applications Survey. “Mortgage rates held steady on mixed economic news, as core inflation remained firm, while retail sales in December were much weaker than expected. However, overall application activity picked up over the week,”…Continue Reading

Dodd-Frank reform could make it easier to get a mortgage

Posted May 26, 2018

It should be easier for you to get a mortgage now that President Donald Trump has signed legislation that will lift lending restrictions on community banks. Congress on Tuesday voted in favor of rolling back Dodd-Frank banking rules, and Trump signed it Thursday. The reforms will ease some of the mortgage laws from the Dodd-Frank…Continue Reading

5 Tips for Finding the Best Mortgage Lenders for First-Time Buyers

Posted May 4, 2018

When you’re a first-time home buyer, shopping mortgage lenders may feel like a huge chore. But, like buying a car or choosing an insurance policy, taking time to compare your options can save you heartache as well as money. How to look for a first-time home buyer mortgage lender The best mortgage lenders for first-time…Continue Reading