Refinancing your mortgage can be a valuable financial move. It can make it easier to afford your monthly payments and/or lower the long-term cost of your mortgage. Too often, though, people face ...
As FHA borrowers face mounting affordability pressure and rising delinquency rates, a new bipartisan bill called the ...
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Should I Refinance My Mortgage?
Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...
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FHA loan requirements: FHA loans explained
Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...
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What to Say to a Mortgage Lender When Applying to Refinance
To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to say, complete with sample sentences that you can use as you kick off a ...
FHA loans require an upfront mortgage insurance premium (MIP) of 1.75% of the base loan amount, which can be rolled into the loan. There's also an annual premium, which is divided by 12 and added to ...
FHA loan requirements: FHA loans explained Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard ...
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