Helpful Articles
HARP 2.0 Encourages Borrowers to Shorten the Terms of Their Mortgages
Participants in the HARP 2.0 program—a program that is designed to assist homeowners in refinancing their mortgages, even if the
What is Harp 2.0 and How Do I Qualify?
On September 7, 2008, the collapse of two government-sponsored enterprises (GSEs)—the Federal National Mortgage Association (Fannie Mae) and the Federal
So What Exactly Is Going On With Jumbo Loans?
You might have heard how difficult it is to get a jumbo loan. You might even be confused now on
Why You Should Take Advantage of the FHA Streamline Refinance Option if You Are an FHA Homeowner
The Federal Housing Administration (FHA) Streamline Refinance is an option available to all current FHA-backed homeowners, and now with new
Credit Scores and Home Loans: What Number is Best?
If you are considering buying a home, qualifying for a mortgage is the first step to making your dream of
What are the different types of mortgages and which one is right for me?
Let the mortgage prodessionals answer the mortgage questions that are most important to you. There are several types of mortgages
How Refinancing Might Affect Your Credit Score?
With fixed rates remaining under 3.875%, many people are considering refinancing their mortgages to lower their monthly payments and overall
How long does the mortgage process take?
Current turn around times to process a refinance or purchase loan is approximately 3 weeks. Retail banks can often take
Is there a way to reduce closing costs?
One way to reduce closing costs is to structure the loan with a marginally higher than best available rate which
What are the closing costs involved with refinancing?
Here in Florida we have three components of fees which include the bank, the title company, and the state. My
I financed my home at 5%, how low does the rate need to fall to make sense financially to refinance?
In order to analyze how much the interest rate must drop before I refinance, one would have to calculate the
Credit Faux Pas
Applying for a mortgage can be a stressful process. It’s stressful enough to have to really sit down and look