Articles tagged with: home mortgage

What are Adjustable Rate Mortgages (ARMs)?

Tags: adjustable rate mortgage ARM home mortgage mortgage loans purchase loan

"What you need to know about adjustable rate mortgages... The rate is fixed only for a predetermined time (chosen from 2, 3, 5, 7 or even 10 year terms). After which the rate will adjust per year (or depending on the loan program) equaling the ind..."

Buying a house, how much home can you afford?

Tags: buying a home first time home buyer home mortgage loan home mortgage mortgage loan amount mortgage loan financing purchase a home

"Buying a house: what to consider? When making the decision to buy a home, there are many things to consider. Before you even start to look for that dream house, you need to think about how much house you can afford. If you are renting, you already h..."

Basics of FHA loans

Tags: bad credit mortgage fha fha mortgage fha mortgage loans first time home buyer home mortgage home mortgage loan mortgage loans

"FHA (Federal Housing Administration) loans have been available for over 60 years. These loans offer chances to borrowers and first-time home buyers for financing when they may not meet conventional lending guidelines. First-time home buyers benefit..."

What fees make up the closing costs?

Tags: broker fees closing costs home mortgage lender fees mortgage insurance mortgage loan

"Figuring out closing costs The total amount of closing costs and/or settlement charges can finalize a borrowers decision. The costs or fees charged by one broker could greatly differ from a competitor. It helps to know what fees are involved in a ..."

Traditional purchases with Down Payments

Tags: down payment down payment mortgages home mortgage home mortgage loan home mortgage loans mortgage loan mortgage loans piggyback

" First time home buyers have always looked at putting some range of a down payment on a home. These down payments can range from as little as 3% up to the traditional 20%. The twenty percent down payment was always the standard, in this scenario yo..."

How does piggybacking loans work?

Tags: home mortgage home mortgage loans piggyback pmi refinancing

"'Piggybacking' loans has become the most popular way to purchase a home over the past few years. This avenue of financing serves two main purposes. First, it allows the buyer to purchase a property with no down payment. With the current prices of ..."