Having an extra mortgage payment each year can help you pay off your home quicker, save you money, and avoid mortgage interest fees. To calculate how much extra you can afford to make on your mortgage, divide your monthly payment… Continue reading
Getting a mortgage with Rocket Mortgage can be a great choice. They are based in one of the campus Martius buildings in the financial district of downtown Detroit. They also offer a Verified Approval program.
Minimum credit score required
Whether… Continue reading
Getting delayed financing with Fannie Mae can be a great deal, but it can also be a bit of a hassle.
Having to wait for months or even years for the process to work isn’t fun, and it can make… Continue reading
Whether you’re trying to save money on your next home purchase, or you’re looking to improve your current home, an FHA rehab loan is a great way to help you achieve your goal. With a rehab loan, you can cover… Continue reading
Finance of America is a mortgage lender that offers a variety of loan options for homebuyers. These include fix and flip loans, single-family rental loans, and student loan refinancing. There are pros and cons to each loan type, so it’s… Continue reading
If you’re looking for a mortgage lender that offers flexible loan options, Newrez may be the lender for you. They allow you to apply online and upload documents directly to their secure portal. Once you’ve submitted your documents, you will… Continue reading
This Prime Choice Funding review looks at the company’s loan approval and pick rates. The company has an above-average approval rate, but its pick rate is below average. The company also charges average fees for loans, which include closing costs… Continue reading
The FICO Score is a number that represents your credit worthiness. It is calculated from information in your credit report and is based on factors like the length of time you have had credit and the amount of credit you’ve… Continue reading
Housing Affordability refers to housing that is affordable to low-income households. It is determined by using a nationally recognized affordability index. There are different methods for determining housing affordability. This article discusses the limitations of the conventional methods. It also… Continue reading
A Loan Amortization Schedule is a statement of monthly payments that a borrower makes throughout the life of the loan. It shows the scheduled payment amounts for every month of the loan and shows how each payment will affect the… Continue reading