With a purchase-money mortgage, the seller acts as the lender and creates a contract with the home buyer. Find out if a ...

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

an appraisal, home inspection or a low debt-to-income ratio to qualify. Cash-In Refinance A cash-in refinance is an option for borrowers who want to reduce their monthly mortgage payments ...

Benefits of a VA loan. Here are the major advantages of a VA loan. No down payment required. While many conventional ...

Bob Musinski has written about a variety of financial-related topics – including personal and business loans, credit cards and personal credit – for publications such as U.S. News and World ...

Seniors have mortgage options just like anyone else ... with the option to lower your rate without refinancing for a nominal $250 charge. Standout benefits: NFCU's 1.00% origination fee can ...

In 2021, 21st Mortgage received 172,168 home purchase loan applications. Of those, 29,107 (about 17%) were closed. About 49% were denied. While 21st Mortgage does offer refinancing options ...

A longtime CRE player in the Chicago area is trying to fend off Royal Business Bank’s foreclosures of an office complex as ...

Standout benefits: Guild's Payment Advantage mortgage pays 1% of your interest rate for the first year. If rates go down, you may be eligible to refinance ... all our content without input from ...

Fortunately, there are still viable ways in which homeowners can get equity out of their home without having to refinance.

Principal and interest are the two biggest factors that make up a mortgage payment. Principal refers to the actual sum of ...