2022-09-06 12:31
If you’re ready to make your dream of owning a home a reality, you’ve probably already heard that you should consider getting prequalified or preapproved for a mortgage… Read More
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Fha Streamline Refinance Faq’s Blog
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Do you want to refinance your home and are looking for a better refinancing option that'll help you lower your loan interest rate and payment? You may have a lot of questions regarding whether or not FHA Streamline Refinance is a good option for you. FHA Streamline Refinance is a refinancing mortgage product that may lower your loan interest rate and payment. FHA Streamline Refinancing is a fast and cost-effective way to refinance that comes with minimal documentation and credit standards. It's one of the simplest and easiest ways to refinance your mortgage. This blog provides essential FHA Streamline Refinance FAQ's that'll answer all your questions related to FHA Streamline Refinance.
Read all questions with answers at- https://www.drewmortgage.com/fha-streamline-refinance-faqs/
2022-08-24 10:44
First-time Homebuyer Programs are designed to help people who have never owned a home or people who have not owned a home in the last 3 years to achieve the dream of homeownership… Read More
2022-06-21 11:23
Underwriting is the process of evaluating the risk of a mortgage applicant. The process is completed by the lender. The mortgage lender’s underwriter will assess the risk asso… Read More
2022-05-24 06:01
Imagine you found your dream home and found the best mortgage plan. Things seem fine, however; circumstances change in life. Now, you need to refinance the home. Well, refinancing is the pro… Read More
2022-04-26 09:04
Constructing a home is a dream for many people. You can create space according to your needs from scratch. You can make it as big as you want or as small as you need. Once you have… Read More
2022-02-24 11:57
A mortgage is a crucial step in buying your home, and selecting the most suitable mortgage depends on many factors. You must choose the best mortgage option that suits your lifestyl… Read More
2022-02-10 11:25
It is not easy to own a house in the current economic climate. It is even more difficult for people who are just starting their careers and are looking for their first home. The housing mark… Read More
2021-12-14 14:26
It is no surprise that many people are looking at the competitive housing market. People are looking for a place to call their own. However, it is challenging to find affordable homes or the… Read More
2021-11-11 12:51
Mortgage interest rates are the costs paid by the borrower to the lender for borrowing money for a mortgage. They are expressed as an annual percentage rate (APR) that takes into account var… Read More
2021-10-14 13:59
It is not only the first-time homebuyers who are keen to hear about what it takes to make a successful purchase. Whether you’re a first-time home buyer or an experienced homeowner, you… Read More
2021-09-14 15:57
Are you buying a home for the first time? It is indeed one of the biggest purchases a person makes in a lifetime. Once you decide to buy a home, resisting yourself from internet surfing for… Read More
2021-07-21 09:06
The excitement of buying a home for the first time is different. You prepare your finances, explore property options in your desired locations, and begin the home buying process. All these f… Read More
2021-06-16 06:43
The moment you decide to buy a home, lots of questions start flooding your mind. There are many things to explore, many questions to answer, and many people to meet. For first-time homebuyer… Read More
2021-05-12 06:35
Ask people, ‘ What’s their most expensive and biggest purchase so far?’ We’re sure the maximum answer you get would be a ‘Home.’ Indeed, buying a home is… Read More
2021-04-15 12:50
Living in a home that’s yours is a wonderful feeling. You feel most happy, secure, and lively as you can finally decorate the home that has your vibe. A home adds a lot more than just… Read More
2021-03-18 10:44
The impact of Covid-19 pandemic is enormous worldwide. As people’s health is challenged, so are their finances. At the beginning of the year 2020, the sudden spread of Coronavirus and… Read More
2021-02-12 08:17
Buying a home for the first time is a very special feeling for people. It is one of the most significant purchases that you will make in your life. In such a situation that is alright to fee… Read More
2021-01-20 07:31
The year 2020 has been challenging for people across the world. However, the real estate market of the USA saw a change in buying behavior. Many people who already had a property buying expe… Read More
2020-12-04 07:02
Nowadays, we can do everything at our fingertips with the help of the Internet. Loan & Finance companies are also growing over time. People can visit a mortgage website and apply for loa… Read More
2020-11-10 09:26
Buying a home for the first time life is a new experience. People often look for guidance during the whole process. Drew Mortgage understands your concern. Being the best Mortgage Lenders in… Read More
2020-07-07 06:46
As a child, we all dream of having our own larger than life home. When those childhood dreams come into reality, we feel accomplished. However, happiness comes in all sizes, so are homes. It… Read More
2020-06-15 10:25
Financial decisions are very crucial in everyone’s life. Your savings, future economy is always at stake during financial deals. People invest a good amount of time in research. They l… Read More
2020-05-20 11:18
Are you balancing your finances with your current mortgage?
The changes in the current financial scenario across the world are drastic. The sudden halt in the economy due to coronavirus outb… Read More
2020-04-23 14:32
The delight of being self-employed is beyond explanation. You don’t need to worry about office timings. You can plan how much you want to work. There are no compulsions to complete tas… Read More
2020-03-27 15:03
A home buying process is interesting, especially when it is your first home. People always check their budget and financing options. However, they forget to do a study on the various fees th… Read More
2020-03-26 14:31
As soon as people decide to buy their first home, they start thinking about finances. It is often a matter of concern for first-time home buyers. Managing a home budget with monthly expenses… Read More
2020-02-28 06:54
Owning a brand new home is always a dream come true. Unfortunately, there are plenty of constraints that come with it. The most predominant is the mortgage. Paying a huge mortgage every mont… Read More
2020-02-26 06:54
Buying a house is both exciting and tiresome. There is meticulous research involved, and once you find the right home, it comes down to determining the right loan plan that does not hit your… Read More
2020-01-27 11:44
Do you have an expensive loan? Is it a home loan, motor loan, or any other? If you have any of these, you can refinance it into a better loan. Refinancing helps you shift the debt to a bette… Read More
2019-12-30 09:24
Every New Year, you vow to lose weight, plan for vacations, or explore new opportunities. Yet, did you set any goals for your home? You keep making monthly mortgage payments, follow the same… Read More
2019-12-26 07:24
Have you been regularly paying off your mortgage? Yes. There might be a situation where you suddenly start receiving emails and messages consisting of intrigued letters.
“Second Mortg… Read More
2019-12-11 12:00
Restoration, repairs and renovation of your house can be a costly affair. Typically, loans for such work are only available at high rates of interest, with short repayment terms, an… Read More
2019-11-27 06:42
People often suggest a construction loan to each other for renovations. People advise using a construction loan as they enable you to borrow considering the worth of your home after the home… Read More
2019-11-18 10:01
As the nation’s housing stock has aged, the FHA 203k Rehab loan has gained popularity. It enables the homebuyers to cover the repair cost and purchasing in a single loan. Federal Housi… Read More
2019-10-30 05:55
When applying for refinancing, people have different questions. Whether they should choose the refinancing option, how much risk is involved in refinancing, what should be the credit score f… Read More
2019-10-11 06:05
The housing market cools down as winter arrives. However, it is turning out to be the best time for the home buyers to buy a home. There are several factors for people to prefer winter for t… Read More
2019-09-27 10:48
When you
apply for a mortgage, you will come across the term debt-to-income ratio (DTI).
DTI is vital for mortgage approvals. It is one of the key factors in qualifying
for the loan. However… Read More
2019-08-21 10:32
Falling behind the mortgage can be a frightening situation. However, there are a few situations not in your hands that leads to delay in the mortgage payments. It is, perhaps, your largest i… Read More
2019-07-31 11:55
When it comes to financing real estate properties, people get confused about whether they need to purchase their house in cash or through a mortgage. This has been a never-ending debate amon… Read More
2019-07-30 12:26
Home
improvement is an incredible option for people who want to make some changes to
their homes. Changing some basic features in your present house can give it a
brand-new appearance withou… Read More
2019-06-24 13:51
House ownership has always been one of the symbols of the dream of USA citizens. Usually, having a house symbolises financial consistency and a dependable retirement. For many people, having… Read More
2019-06-14 09:59
According to a report ,75% of Americans are handling their finances on their own. As much as it feels nice to be in control of your future, studies have shown that people are failing in doi… Read More
2019-05-23 22:09
So, you have bought your dream home, your mortgage has been approved, and you are just waiting for closing your loan. You must be really excited as you will decorate your newly purchased hou… Read More
2019-05-17 20:00
Purchasing
a house can be an exciting experience. However, the procedure is stressful too.
When you are under contract on a house and it appears as your new home loan
will close with no issu… Read More
2019-04-24 11:00
It’s not impossible for home buyers to qualify for an FHA 203K Rehab Loan after bankruptcy. Chapter 7 Bankruptcy is the most common one which defines complete liquidation bankruptcy. T… Read More
2019-04-17 12:30
Mortgage interest rates fluctuate based on variations in major economic elements that connect to come to a specific rate at a specific point in the economic cycle. Le… Read More
2019-03-29 10:05
There are a number of rules, calculator, and formulas readily available to calculate your spending and saving. However, what they don’t include while calculating are your life… Read More
2019-03-12 11:33
Affordable homes in expensive areas is no more a ‘No Way!’ thing. It may not look an easy thing to say. However, there are more options than you know.
201… Read More
2019-02-21 10:35
If you are planning to buy a house, you need to get familiar with the terms that are associated with the mortgage. There are terms that are difficult to understand fo… Read More
2019-02-06 11:13
If you have found a home that needs some TLC to become your dream home, don’t let it slip through your fingers. You don’t need to apply for different loans for this. The… Read More
2019-01-08 05:03
Rising mortgage rates changing purchasing power is not surprising anybody these days. Recent research data shows how much actual monthly mortgage payments are rising around the coun… Read More
2019-01-04 04:34
Getting healthy is one of the most popular New Year’s resolutions.
So this year, why don’t you focus on your financial health? The early days of the New Y… Read More
2019-01-03 13:34
Who doesn’t want to make their home better? Home is the place where we live in and spend our most of the life. When a family is increasing, you might be thinking to include a… Read More
2018-12-27 05:42
When you sell a home, it may be the right time to transfer the mortgage to the new owner. Rather than looking for a new loan, paying closing costs, and beginning over with higher in… Read More
2018-11-28 06:53
The differences between a conforming and non-conforming loan can be said in this way, Conforming loans meet Fannie Mae and Freddie Mac guidelines, whereas nonconforming loans do not… Read More
2018-11-26 11:49
There are many VA home loan myths around that stop people from getting their dream home. Most of the myths related to the questions such as when and who can be eligible for a VA Lo… Read More
2018-11-21 11:51
Are you ready for this year to host Thanksgiving? Hosting this great American meal can be tiresome. So here are some tips to quickly ready your home for your Thanksgiving dinner… Read More
2018-11-10 03:56
People choose a traditional mortgage to buy or refinance their home. The lender helps you with the money to buy or refinance the home. In return, you will pay back the lender the mo… Read More
2018-11-02 09:09
If you are thinking to search for a home online, then you are thinking right. It’s fun to look for homes online and go to those open houses than it is to research your home lo… Read More
2018-10-24 07:10
One thing you will get with a 15-year mortgage is the lower interest rate, helping you complete your home loan much faster. And of course, you should budget carefully for the highe… Read More
2018-10-19 10:10
Buying a home together before or after your wedding is always an exciting time for couples. However, you need to understand the commitment of buying a home together, as this is wher… Read More
2018-10-09 05:57
When you have a home loan at a fixed-rate, you will have the same mortgage payment until the end of the loan, unless you find a better rate and refinance. Refinancing can help you o… Read More
2018-10-04 07:14
Home remodeling trends are currently changing at a rapid pace because of the downturn in new residential construction. It is predicted that the home renovation market will grow cons… Read More
2018-09-25 06:23
One major question from borrowers who have already purchased a home with a VA loan is if they are eligible for the benefit again. The answer is ‘Yes’. Veterans and activ… Read More
2018-09-19 12:47
Buying a home is a huge financial decision for anyone with an average income, because most homes have to be financed with a mortgage. To identify the right mortgage, you’ll ne… Read More
2018-08-24 09:09
For most people, the most important financial decision they will make in their lifetime is choosing a home mortgage loan. Yet studies show that fewer than half of homebuyers actuall… Read More
2018-08-14 08:57
After a long search, you’ve finally found the house you’ve been looking for—and at a time when mortgage rates are low. But you don’t have enough money for fu… Read More
2018-08-07 05:57
Buying a new home is an exciting time for everyone. If you’ve just moved into a new home, you’re going to want to make it your own by adding new furniture and decoration… Read More
2018-07-25 08:36
It is backbreaking for a single mother to raise a child, work, and manage all the responsibilities of daily life. Due to this type of stress, the dream for many single moms of owni… Read More
2018-07-20 13:57
Some people get their homes easily, while some may find it more difficult and sometimes some people even face rejection. This is because a home loan is a very complicated financial… Read More
2018-06-26 13:55
Everyone goes though financial ups and downs, but that does not mean that there is no solution to the problem. A foreclosed home is one of the most unfortunate outcomes of financial… Read More
2018-05-28 08:34
Are you planning to refinance? Now would be a great time since rates are still low. However, it doesn’t make sense for everyone to refinance when they find interest rates are… Read More
2018-05-22 13:29
You’ve heard it for a long time now – it’s an excellent time to buy a home! Interest rates are low and there are wonderful homes in the area to choose from. Howeve… Read More
2018-05-17 09:53
There’s no definite answer to this question for many reasons, but there are things you need to know about an FHA mortgage loan to understand how much you could borrow to buy a… Read More
2018-05-16 07:06
Homeowners generally stop paying their mortgage for many reasons. Financial circumstances change, people lose their jobs and relocate, housing values drop, and many other reasons. T… Read More
2018-05-07 09:32
Most lenders first look at your credit history when you want to buy a home. Most people hold conventional lines of credit like credit cards or a current mortgage that build a track… Read More
2018-05-04 09:50
Low to middle-income borrowers who are looking to live in a rural area and meet the income requirements can choose USDA financing since it is an excellent option. The USDA has come… Read More
2018-04-27 10:27
The conventional 30-year mortgage is a renowned and affordable mortgage in the U.S. Most home buyers in the U.S. go for this option. However, VA lenders also provide a 15-year mortg… Read More
2018-04-18 06:53
Over the last two years, the loan and real estate industry have faced a lot of changes. As a first-time home buyer, you would definitely want to be aware of these changes. Here we b… Read More
2018-04-09 10:11
Closing day is one of the most crucial stages of the mortgage process. It’s an exciting day because you’ll become a proud property owner, a day every homebuyer eagerly a… Read More
2018-04-06 07:56
It’s essential for you to understand what an FHA 203k Rehab loan has to offer, so that you can benefit from the loan. Unless you know every aspect of an FHA 203k Rehab Loan, y… Read More
2018-03-26 08:33
Buying a home is the American dream. It’s the biggest investment you’ll make in your life. There is an immense joy and excitement that comes with purchasing a home, howe… Read More
2018-03-15 06:21
It’s every homeowners dream to make their final mortgage payment. As an experienced mortgage lender in MA, we find that a lot of people have questions related to paying off th… Read More
2018-03-05 09:52
Are you a military veteran? A VA loan is the most popular loan for veterans because they can offer VA loans without any down payment and there is no minimum credit score required. V… Read More
2018-03-01 10:15
When choosing a mortgage loan, it’s important to choose the right mortgage loan that suits your financial situation. An adjustable rate mortgage and fixed rate mortgage are tw… Read More
2018-02-27 13:42
Serving as a member of the military must have been a proud accomplishment for you and your family. You love your country, your family, and you served your country wit… Read More
2018-02-15 05:25
Do you want to purchase a home that requires repair, but you don’t have the money? An FHA 203k loan is the right loan for you! An FHA 203k loan is a rehab loan that provides f… Read More
2018-02-06 06:27
If you have a business and are planning to expand or want to start a new business, you’ll need capital. Every business requires funding either to start or to grow. Some look i… Read More
2018-02-02 10:57
Nobody wants to be in debt. Debt causes stress and can make your life miserable. Buying a home involves a large sum of money, and paying for your home in cash these days is next to… Read More
2018-02-01 06:19
You don’t want to live your whole life in a rented house, do you? Renters can now become proud homeowners and attain the American Dream. Considering a USDA loan in MA will ope… Read More
2018-01-12 09:28
Buying a home is the proudest moment for a first-time home buyer. Becoming a homeowner is the American dream. However, for a first-time home buyer, buying a home can be distressing… Read More
2018-01-09 10:17
A VA loan is the most flexible home loan program, which can be helpful when purchasing a home. American veterans, military members currently serving in the U.S military, and survivi… Read More
2018-01-03 10:46
We often hear the phrase, “You should learn from your mistakes”. However, when it comes to mortgage loans, you cannot afford to make mistakes. A mortgage loan is a finan… Read More
2017-12-21 09:18
Buying a home without a down payment sounds too good to be true. However, USDA home loans have made it possible. They help potential homebuyers become proud homeowners. They have ma… Read More
2017-12-13 09:39
Have you found a home that you love and want to purchase? The dream home that you’ve always wanted may be in front of you, the design looks beautiful, and… Read More
2017-12-06 05:12
What is a HomePath Mortgage Loan?
HomePath Mortgage Loans are available for Fannie Mae owned properties that offer benefits to eligible borrowers such as low down payment, no mortgage insura… Read More
2017-11-28 05:34
Refinancing a commercial mortgage loan can be an important step if you’re a business owner or entrepreneur looking to grow your business or company. Refinancing can help you p… Read More
2017-11-21 08:34
Do you need a mortgage loan, but don’t know how to choose between an FHA loan and a conventional loan? Selecting the right mortgage program can be confusing and is crucial for… Read More
2017-11-13 10:09
Are you planning to refinance your home? Refinancing your mortgage can be the right financial decision. In order to reap the benefits of refinancing, homeowners need to do research… Read More
2017-11-02 08:31
The process of buying a home or taking on a mortgage can be frightening if you’ve never done it before. Buying a new home is one of the biggest decisions you’ll make in your life… Read More
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