Calculators

FHA construction loans are one of the most popular loan options for people interested in building a ...

While traditional lenders may require between 10 and 20 percent down on a construction loan, FHA loa...

Applying for a mortgage can be a daunting process...

It requires a lot of planning and decision-making, from shopping around for the right lender to havi...

The possibility of obtaining a second FHA appraisal should an individual or entity find themselves i...

The article begins by answering the question “Can I Get a Second FHA Appraisal?” with a simple y...

The second installment of Mortgage Byte introduces a variety of topics relating to mortgages includi...

The article begins by looking at the current market climate, where homeowners continue to borrow and...

The decision to add a bathroom to a house is an important one that comes with some significant consi...

Adding a bathroom can be a great way to boost the value of a home, improve its livability, and provi...

An FHA loan is a mortgage that is insured by the Federal Housing Administration FHA...

This type of loan is designed to help individuals with lower credit scores qualify for mortgages. Th...

FHA mortgage rate trends have been largely static over the past few months with the FHA 30-year fixe...

75% in recent weeks. This has remained consistently lower than the current national average of 4.08%...

Earnest money is a type of deposit typically provided by buyers as part of a real estate transaction...

It is used to demonstrate that the buyer is serious about buying the property, and it also acts as a...

The mortgage market has seen increasing levels of defects for several years causing lenders to strug...

However, according to ACES, a predictive analytics platform used by mortgage companies, defect rates...

The Consumer Financial Protection Bureau CFPB recently conducted examinations of mortgage servicers ...

The results indicated some concerns related to servicing fees and loan forbearance along with fair l...

The article discusses the basic rules and guidelines for an FHA refinance loan...

The Federal Housing Administration (FHA) offers two types of refinance loans: rate-and-term, and cas...

Cash out refinancing is a popular financial strategy that allows homeowners to access the equity in ...

Although this may seem like a good decision, it is important to weigh the pros and cons of a cash ou...

The Home Possible and HomeReady programs offered by the Federal Housing Administration FHA are two o...

Both present advantages as well as drawbacks that potential borrowers must consider when choosing th...

The 3x3 Technique is a powerful tool used by real estate investors to identify and evaluate potentia...

The technique helps investors quickly assess the short-term, medium-term, and long-term profitabilit...

The Fannie Mae HomePath and HomeReady mortgage programs are two popular home loan options for those ...

As Fannie Mae-backed products, they both offer the same low-cost benefits, such as no minimum credit...

The average home seller in 2017 only made 39000 according to the latest data from Zillow...

This number is down significantly from the peak of $52,000 reported in 2006. Despite the decrease in...

Happy New Year 2019! As we look forward to the new year with anticipation it is important to take a ...

2018 was a year of success for the Federal Housing Administration (FHA), with continued growth and i...

A home equity loan is a type of loan that enables homeowners to borrow against the equity they have ...

This type of loan allows homeowners to access funds to use for various purchases, such as home repai...

Mortgage rates have continued to remain low in the wake of the Covid-19 pandemic with 30-year fixed-...

81% as of December 29th, 2020. This is due to a combination of factors, including government monetar...

The concept of obtaining a Second FHA Loan is becoming increasingly popular among homeowners who are...

FHA loans are designed to help low- to moderate-income borrowers obtain financing with a minimal dow...

Mortgage and Refinance Rates Today May 10 2021 Mortgage and refinance rates are still relatively low...

Across the board, rates are adjusting slightly upward while still remaining below the 4% mark for a ...

Finance Minister Jim Flaherty recently held a meeting with the Canadian Association of Accredited Mo...

During the meeting the Minister discussed the various economic measures that have been implemented t...

In todays digital world the protection of a clients privacy is paramount for any business...

It is the responsibility of the business to ensure the security of customer data and provide their c...

The Federal Housing Administration FHA recently released new rules regarding appraisal requirements ...

These changes will allow lenders to more accurately assess the value of the borrower’s home and re...

Remortgaging is the process of switching an existing mortgage to a new lender product or rate...

It can be a great way to get out of an unfavorable deal and into one that works better for your part...

Mortgage Loan Interest Rate Trends Interest rates for mortgages are an important factor to consider ...

They have a major impact on how much you are able to borrow and the monthly payment you are expected...

Hiring a real estate agent can be a great way to get the best deals on properties and to make sure t...

Real estate agents are knowledgeable professionals who have an in-depth understanding of the industr...

Conforming loan limits are the maximum mortgage loan amount that can be insured by government sponso...

These entities set the maximum loan amount that can be insured by the federal government. The confor...

Mortgage-backed securities MBS are one of the major market indicators that contribute to the overall...

In order to understand how different economic trends and events can influence MBS, it is important t...

The Federal Housing Administration FHA has released its updated requirements for the One-Time Close ...

The OTC product is a loan that covers both the purchase and construction of a home. In order to meet...

Mortgage volumes continued to show signs of recovery as they inched up for the second consecutive we...

Refinancing activity was primarily responsible for the boost in mortgage volumes, indicating that ho...

One year ago Amazon chose the Washington DC metro area for its second headquarters and the effects o...

Last November, when the tech giant announced its selection of Crystal City in Arlington, VA, as one ...

As the real estate market continues to rapidly evolve and shift it is more important than ever for t...

Unfortunately, many individuals fail to recognize the common pitfalls associated with the mortgage p...

Home Loans for Building on Your Own Land Having your own piece of land to build a dream home is an a...

However, construction loans to finance such projects can prove difficult to obtain due to the inhere...

Finance of America has recently announced their expansion into the renovation loan market...

This move is seen as an attempt to capitalize on current market conditions to offer more customized ...

How Fannie Maes sophisticated risk management strategies helped the organization boast stable earnin...

Fannie Mae has been able to navigate a whirlwind of market turbulence amid the COVID-19 pandemic by ...

In the ever-evolving mortgage industry staying up to date with trends and insights can help you stay...

Each week, there are dozens of new articles discussing the latest news in mortgages, refinancing and...

A bridge loan program is an attractive option for individuals who are looking to purchase a property...

It is a type of short-term loan designed to provide financial assistance until a permanent loan can ...

Movement Mortgage a top U...

Mortgage lender, has announced the appointment of Chris McCabe as Market Leader of its Third Coast R...

MIG Market Watch June 13th 2016 is a weekly review of the stock markets across the world...

The article explores the factors that drove the US and other international markets during the week o...

Mortgage rates have seen positive trends this week with improvements across the board...

The average rate for a 30-year fixed mortgage rate was 3.04% on Tuesday, up slightly from 3.03% the ...

The real estate market is facing a new challenge a lack of qualified buyers...

The shortage of eligible buyers is largely due to an increase in the median home price, which has ou...

Movement Mortgage a leader in the mortgage industry recently opened a new branch in Long Island New ...

This new location marks an important milestone for the company, as it continues to expand its presen...

Mortgage rates have begun 2021 at a record low providing mortgage borrowers with a unique opportunit...

According to Freddie Mac's Primary Mortgage Market Survey, the average 30-year fixed-rate mortgage (...

Gord Dahlen is the new CEO of Invis Mortgage Intelligence...

He brings with him more than 20 years of banking experience and a wealth of knowledge about the mort...

The recent MIG Market Watch report from June 11th 2018 shows trends and analysis of the current stat...

In this report, the team at MIG identifies the top cryptocurrencies that have performed best in term...

Envoy Mortgage a leading provider of mortgage banking products and services recently announced a res...

This comes as part of an effort to reduce costs and increase efficiency while remaining competitive ...

With the advancement of technology in our homes it has become increasingly easy to automate and moni...

By using the right tools, you can increase your home's intelligence quotient (IQ) and make managing ...

Today October 16 2021 marks a significant day in the world of mortgages and refinancing rates are re...

According to data from mortgage giants Fannie Mae and Freddie Mac, 30-year fixed-rate mortgages (FRM...

When it comes to selling your home it can be tempting to make improvements to help increase its valu...

However, in some cases, these improvements could actually hurt your home sale. It’s important to b...

Online lending has become a growing trend in recent years as more consumers turn to digital services...

Unfortunately, this trend has also attracted significant scrutiny from both regulators and consumer ...

The Government Accountability Office GAO recently released a report examining the impact of Realty O...

In the report, they recommended that REO firms consider changing their metrics for measuring success...

FHA mortgages are becoming increasingly popular and are an attractive option for those looking to pu...

FHA loans offer low down payments and competitive interest rates, making them an ideal choice for fi...

The use of mortgage technology has become increasingly important in todays world both to help lender...

In response, many mortgage technology firms have adapted their processes in order to ensure the syst...

FHA loans are a popular option for borrowers seeking to finance their purchases or refinance their m...

These loans offer competitive interest rates and low down payment requirements, making them attracti...

Paying more on a mortgage today will not lead to lower monthly payments tomorrow...

This is because, on a fixed-rate mortgage, the payments remain the same regardless of how much you p...

Mortgage rate trends moved higher on Friday according to data provided by Freddie Mac...

The average rate for a 30-year fixed mortgage was 3.17%, up from 3.13% last week. The rate for a 15-...

Document manipulation is a growing problem in the mortgage industry and fraud fighters are increasin...

Document manipulation involves the alteration of documents such as loan applications, closing docume...

The US Department of Housing and Urban Development HUD has partnered with the John Marshall Law Scho...

The new partnership will provide legal assistance to those facing discrimination when trying to rent...

Mortgage rates held steady on Monday keeping their current levels largely unchanged...

With the market in flux, lenders remain hesitant to make any major changes. The 30-year fixed mortga...

Divorce can be a difficult time for many families...

Not only are couples struggling with the emotional and financial burden of separating their lives, b...

The Fall Mortgage Report presents data that is relevant to the current market environment in Canada ...

The report takes a look at the performance of different mortgage channels and helps to provide insig...

The Department of Housing and Urban Development HUD has issued a policy to address housing discrimin...

The policy reiterates the Fair Housing Act’s protections against discrimination based on race, col...

The fintech company Vontive has gained 135 million in funding further establishing itself as an inve...

This funding bolsters the company’s ability to provide digital solutions to the mortgage industry,...

Title insurance is a form of indemnity insurance that protects the owner or lender against any loss ...

It guarantees that the buyer of the property owns the asset free and clear of any claims or encumbra...

The article discusses the waiting periods for a borrower to qualify for an FHA loan after having gon...

Borrowers are required to wait a set amount of time to be considered eligible for an FHA loan depend...

The mortgage-backed securities market has seen a volatile month in November 2020 with considerable f...

While MBS prices began the month near all-time lows, a strong rally was observed by the end of the m...

An abstract fee is a payment made to a third party prior to the closing of a residential real estate...

It is typically used by a title company or closing attorney to cover the cost of searching the publi...

The Federal Housing Administration FHA Disaster Loan Program was established to provide relief to ho...

This program provides low-interest loans that can be used for repairing or replacing a damaged home ...

As we enter the new year many homeowners are asking the question where will home values rise the mos...

Fortunately, there is ample data available that can help us predict the likely appreciation rates of...

The May housing market saw a dramatic shift from a sellers market to a buyers market which in turn s...

In this article, we will discuss the reasons behind this shift and what it means for mortgage lender...

As the national housing market continues to struggle with a lack of inventory new home construction ...

The effects of Covid-19 have been felt in almost all aspects of the economy, and the real estate ind...

The 12-month Bank Statement Program is an option for those who may be self-employed or have unique i...

This program allows qualified borrowers to use their bank statements to demonstrate their income and...

Buying a home in 2022 can be an exciting and rewarding experience but there are many important steps...

From researching the best loan options to budgeting for the purchase, flatbranchhomeloans.com provid...

Chase one of the largest banks in the world appears to be losing interest in originating mortgages...

The bank has seen its mortgage origination numbers fall significantly in the past few years while co...

Refinances are now down by more than 50 when compared to this same time last year according to a rep...

This decrease is due to a combination of factors, including rising interest rates, tighter regulatio...

Babyproofing your home is a key step in ensuring that your home is safe and secure for your newborn ...

It can take some time, effort, and dedication, but the results are worth it. By babyproofing your ho...

Mortgage News Daily discusses the ever-changing landscape of the real estate industry...

The author points out the importance of staying aware of the latest trends and developments, as well...

Ideal Credit Union is offering a unique option for those seeking to purchase a home a zero down paym...

However, this product has certain restrictions and qualifications that borrowers must meet in order ...

The Plant Your Roots Loan Program is a financing program created by MIGonline...

com to offer businesses access to additional capital, without having to take on the risk of debt. Th...

Mortgage delinquencies dropped in October 2020 compared to the previous month but were still more th...

The association's seasonally adjusted delinquency rate for mortgages on one- to four-unit residentia...

Vantage Mortgage Group recently released their 2022 Summer Newsletter highlighting the services they...

They are an industry leader in global mortgage transactions, committed to providing excellent custom...

The Power of a Homebuying Budget Why Setting Financial Boundaries Matter When it comes to buying a h...

Setting financial boundaries can help buyers stay within their price range and avoid overspending. I...

Apartment lending is the process of providing financial services to owners and developers of apartme...

This type of investment is especially popular in urban areas where the demand for rentals is high. A...

The latest reality check on debt is a timely reminder of the importance of managing personal finance...

Despite the current economic climate, Canadians are continuing to accumulate high levels of debt, ma...

Faira is a real estate technology startup that is looking to revolutionize the home selling process...

The company offers an alternative to the traditional real estate transaction, one that eliminates th...

VA loans are a great option for veterans who need to purchase a home but its important to know the l...

One of the most common questions veterans have is whether they are able to borrow more than the valu...

The National Mortgage News recently reported that housing groups are pushing for a change to the Fed...

Under the current policy, borrowers’ total debt payments should not exceed 43% of their gross mont...

Mortgage refinancing can be a lengthy and complex process but there are several steps that borrowers...

This article looks at four key ways to accelerate the mortgage refi process, from utilizing technolo...

The Debt Service Coverage Ratio DSCR Loan Program is a type of loan designed to help facilitate the ...

This loan program is unique from other types of loans in that it evaluates the potential borrower’...

The mortgage crisis of 2008 has created a new group of buyers that industry experts refer to as boom...

These individuals were homeowners who defaulted on their mortgages or short sold their homes during ...

Mortgage servicing is an important part of the mortgage industry...

It involves managing a loan throughout its lifetime, from origination to repayment. In order to unde...

In September of 2014 FHA Federal Housing Administration mortgage rates were hovering around the same...

The average rate for a 30-year loan was around 4.25%, while the 15-year fixed-rate loan was around 3...

Buying a home is a major financial and life milestone but it can also be a source of great anxiety f...

With so many different types of mortgages available, it can be difficult to choose the best option. ...

A repurchase agreement repo is an important financial instrument used by banks and other financial i...

It involves the sale of a security with an agreement to buy it back at a later date, typically at a ...

Orchard Mortgage is a mortgage lender that helps individuals obtain a loan for a home purchase or re...

Founded in 1996, the company has over 20 years of experience in the industry and is considered one o...

The Certified Mortgage Associates CMAs of Canada are offering their annual certification program for...

This program focuses on educating industry personnel on the intricacies of the mortgage industry and...

The latest jobs report was recently released and it shows that the unemployment rate is at its lowes...

This is good news for potential home buyers as it means more people are employed and have the necess...

Commonly asked questions in regards to FHA Loans and credit scores and down payments...

To begin, it is important to understand that an FHA home loan is an initiative backed by the US Depa...

Home buying is a complex process that requires extensive research and if youre not careful you can e...

In this article, we’ll go over some of the most common mistakes home buyers make so you can avoid ...