Taking out a mortgage is only done a handful of times in one’s life, if that. Whether you’re buying a home or refinancing a mortgage, closing costs are an inevitable part of the transaction. And keep in mind, closing costs on purchase transactions cost more than they do for refinances.
With that in mind, here are some little-known ways to absorb the fees necessary in taking out a mortgage loan.
7 mortgage loans you might have thought were extinct..but aren’t!
You don’t hear much about certain types of mortgages these days. Option ARMs, interest-only, stated income, no-money down, teaser rates – many of the most popular types of mortgages from the days of the housing bubble have virtually disappeared.
Ways to Buy a Home Without Cash!
Even sweeter, her house has substantially appreciated in the hot Southern California housing market. Said Wolfinbarger: “I couldn’t think of a better scenario–having over 20% worth of equity within about a year when we only put down about 3%.”
Five reasons why your insurance bill is so high!
Want to know what factors contribute to the price of your home insurance policy? Here are five…
The Hardest and Easiest Home Loans to Get
this article explains three loans we’ve all heard about, but might not understand some of the inner-workings of to explain to our clients, rather, leaving that to a lender. It’s always a good idea to be THE well-rounded expert who can at least point them in the right direction.
Top 5 mistakes homebuyers make
From the beginning of your home search through closing escrow, there’s an awful lot to think about and do. It’s not unusual to make a mistake along the way. But with the financial stakes so high, a false move can end up costing you a lot of money.
Want to possibly save some money on a mortgage? Well, of course! Read this!
Shared from our friends at Yahoo! Homes, this article is about the little-known mortgage that could save you big!
10-year, fixed-rate mortgages may be little known, but here are four money-saving reasons you may want to learn about them.
