Compared to every other mortgage loan program, the FHA loan has significantly more parents who co-signed on their children’s loans. What’s interesting about this—and something many consumers don’t know—is that usually once such a loan has matured for 12 months, people can …

Remove Co-Signer When Refinancing Your Mortgage Read more »

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Anybody making a down payment on a home needs to know there are restrictions on how those funds can be obtained, as well as the source of any assets. For instance, money stashed under a bed mattress cannot be used. …

Acceptable Types of Assets for a Mortgage Loan Read more »

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With mortgage interest rates wavering up and down lately, there’s been a lot of hoopla about the cause of this roller-coaster ride. I’ll clear the air for you, and it starts with investors. Many of them pile money into stocks …

Why Do Mortgage Interest Rates Change? Read more »

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Save Money This Tax Season I bet you did not know this interesting tax-time tidbit: If you pay monthly mortgage insurance with your mortgage payment, it may be tax deductible, saving you money on your income taxes. Many tax preparers …

Mortgage Insurance and Tax Deductions Read more »

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Did you hear about the house down the road that sold for next to nothing? You should be concerned about these sales in your area if you have an adjustable rate mortgage, or if you are considering a refinance in …

Low Home Appraisal, And How It Affects A Refinance Read more »

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