Major lenders are beginning to lend on manufactured homes. For a long period of time, lenders had stopped making mortgage loans available to manufactured homes. A few lenders will lend on single wides, but most of our lenders are now lending on [...]
Loans locked through Veterans Day, 2020 may be eligible for special special pricing and a credit at closing toward closing costs. A VA Loan with a qualifying FICO score of 640 may receive at closing a 0.5% lender paid credit. A VA Interest Rate [...]
If you have a qualifying FICO of at least 760 and want to refinance your primary residence, you may be able to get 79 basis points (0.79%) from the cost of your new mortgage. The unpaid principal must be less than 80% the home value which must be a[...]
This is one of the main questions asked. Do you take the lower beginning payments of a variable-rate mortgage and risk elevated future payments, or make the same fixed payment the duration of the mortgage? No one has a crystal ball to predict the[...]
Debt to income is one of the factors used for qualifying a borrower for a particular interest rate. Of course, the interest rate determines the principal and interest payment commitment which adds to to monthly financial obligation. For [...]
The 29 year mortgage has the same rate as a 30 year mortgage with the Yourgage from Quicken loans we offer. Less interest is paid over the life of the loan and equity in the property grows faster. It's a great deal. Lock on your [...]
The 29 year mortgage has the same rate as a 30 year mortgage with the Yourgage from Quicken loans we offer. Less interest is paid over the life of the loan and equity in the property grows faster. It's a great deal. Lock on your [...]
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