30 years or 15 years. Those are your options for a mortgage. Right? While most people are familiar with either 30 or 15-year mortgage terms, there are actually mortgages available that are based on many different lengths. 10-year, 20-year,...
The loan-to-value ratio is essential to lenders, borrowers, and financial institutions. It can have an effect on mortgage payments, interest rates, and can even be the difference between loan approval and denial. If you are seeking a mortgage loan,...
Mortgage loans come in many forms, including adjustable-rate mortgages, which are often called “ARM loans.” These loans have a unique structure that allows the interest to go up or down alongside current rates. Instead of a locked-in rate for...
Are you financing multiple investment properties? Make sure you know how many you can finance and how to organize the properties so you get the financing you need for a strong financial future. Financing Multiple Properties with Support from Freddie...
Bridge loans are an important tool to keep the real estate industry moving. Without them, many home sales would be extremely difficult, as financing from one home to another creates issues for both the buyer and the seller. When...
If you are retired and need a new home, approval for a mortgage can be difficult. You no longer have a regular income from work, and the income you do receive comes from a wide variety of sources. To...
The HomeStyle Renovation Loan program is designed to give borrowers the option to purchase a home and make improvements and renovations to the property, all while having one single loan. This program provides simple, flexible, and affordable financing for...
We are proud to offer one of the finest no-income loan options for investment properties. With this program, you can get world-class financing on a property investment, and you can do it with no income documentation. There are two...
Reverse-mortgage refinancing may be the right choice for your home. Traditional home loans are refinanced practically every day. If property owners took out a mortgage loan years ago when interest rates were higher, they have the option of refinancing...
Multiunit properties are becoming a popular way to purchase a home and invest in your financial future. By providing both a roof for you and your family, as well as a rental unit that can generate cash, these properties...