Home Loan Learning Center
How Quickly Can You Refinance A Mortgage on a House?
You can refinance your existing mortgage within 6 to 24 months after getting your initial home loan. The timeframe depends on the type of mortgage you have and the terms and conditions that are applicable. Always keep an eye on favorable interest rates to lower ...
How To Get A Lower Interest Rate On Mortgage?
As mortgage rates continue to rise, they have reached their highest point since 2009. Whether you are buying a home or have already bought a home, the interest rate on your mortgage can significantly affect how much you pay for your house. Learning how to ...
How to Get USDA Home Loans in South Carolina
High demand and low supply have caused housing affordability in South Carolina to drop by 10.9%, while the average home price has increased by over 18% since 2020. These changes make it pretty hard to qualify for a first-time home in rural areas. Luckily, there ...
FHA Loan Maine
If you need financing for your new home, then you may want to consider an FHA loan. Here's what you need to know about FHA in Maine.
Can You Refinance A Jumbo Mortgage Loan? Yes, and Here’s How!
Of course, you can. A jumbo loan refinance is a great option if you have improved your credit report or need money for home improvement projects. Jumbo loan refinances are similar to conventional refinance options. Like a conventional loan, homeowners who buy a home with ...
203K Refinance Program 2024
Qualifications for 203K Refinance Program In order to qualify for an FHA 203K Refinance, the refinanced property must be the borrower’s primary residence and it must also need renovations. What this means is the borrower cannot refinance a second or third home with the FHA ...
Conventional Refinance Program 2024
.What’s the main benefit of consumer access to a conventional refinance loan? To save money by lowering the monthly payments and leaving disposable income for other expenses such as credit cards or increasing your savings account. Conventional refinance loans are the most common type of ...
VA Refinance Program 2024
Veterans can refinance a VA mortgage to benefit from better interest rates and reduce their monthly payments, including housing expenses and home improvements. This will lighten their budget and leave money aside for other personal finance needs. With an interest rate reduction, you will also ...
FHA Refinance Program 2024
An FHA loan can help people purchase a home, but an FHA refinance loan can help them pay it off quicker with better terms and conditions. When you refinance your existing FHA loan with a new FHA mortgage, you may benefit from lower interest rates ...