Mortgage and Real Estate Articles from Mortgage Research Center
WEB3 days ago · Mortgage Research Center features mortgage news and advice for homebuyers from a team of experts in mortgage, real estate and personal finance.
FHA Home Inspection Requirements and Appraisal Guidelines
WEB5 hours ago · The FHA home appraisal serves two purposes: To assess the home’s value to ensure the buyer isn’t overpaying and the lender isn’t overlending. To verify that the home meets the FHA's minimum property requirements for safety, soundness, and security. An FHA-approved appraiser must complete your appraisal.
A Complete Guide to FHA Refinances: Eligibility, Requirements, …
WEBAug 23, 2024 · The Federal Housing Administration (FHA) offers a variety of refinance options aimed at improving housing affordability and helping property owners access the equity in their homes. We'll cover the different types of FHA refinances available and the eligibility requirements you can expect to encounter when refinancing into a new FHA-backed loan. Key Takeaways Qualifying for an FHA refinance ...
Mortgage Rates Today, Sep. 27, 2024: Today's Inflation Report …
WEB1 day ago · This morning's inflation report brought the week's key data. And the figures were likely good for mortgage rates.
What Is a Mortgage and What Can It Do for You? - Mortgage …
WEBJun 17, 2024 · We’ve all heard of them, but what exactly is a mortgage, how does it work, and how does it help you become a homeowner?
Rates Articles | Mortgage Research Center
WEBSep 18, 2024 · Mortgage Rates Report and Outlook, July 1, 2024 — Jobs Report Week. Arguable the most influential economic report comes out Friday. A downbeat report could help mortgage rates, since weaker jobs data gives the Fed stable ground on which to make the rate-cut argument. by Peter Warden.
Home Loans Articles | Mortgage Research Center
WEB4 days ago · Government-backed FHA loans make home ownership more accessible to first-time and repeat homebuyers needing a low down payment ...
FHA Loans: The Comprehensive Guide - Mortgage Research Center
WEBFHA Loans: The Comprehensive Guide. The FHA loan is a type of government-backed home mortgage insured by the FHA, aka the "Federal Housing Administration." The FHA designed this program for borrowers who may be unable to make a sizeable down payment or meet conventional credit and income requirements. …
Fannie Mae Rolls Out 5% Down Multifamily Home Loans
WEBJul 1, 2024 · Fannie Mae Rolls Out 5% Down Multifamily Home Loans. It's official: Fannie Mae now allows 5% down payments for owner-occupied 2-, 3-, and 4-unit (multifamily) homes. This is a surprising reversal of the years-long policy of requiring 15-25% down for duplexes, triplexes, and four-plexes. It will be a major benefit to those looking to …
Conventional Loan Refinance Guidelines for 2024 - Mortgage …
WEBMar 1, 2024 · What Is a Conventional Loan Refinance? Conventional lenders follow mortgage guidelines established by Fannie Mae and Freddie Mac. Lending standards are stricter than with government-backed mortgages, but borrowers with good credit and equity in their homes are likely to qualify for decent interest rates while avoiding upfront and ongoing mortgage insurance fees. Conventional refinance loans ...
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