Mortgage Grader

Jun
04
2020

7 Myths About Foreclosure -- There's Good News!
The idea of your home getting foreclosed on can send a chill up your spine. It's understandable. Thinking that a bank shuts you out of your home with ruined credit is an awful thought. But here's the reality check: Not everything that you've heard about foreclosing is true. Here are...

May
29
2020

Virus-impacted borrowers missing out on today’s record-low rates
Virus-impacted borrowers missing out on today’s record-low rates Many lenders are refusing to allow borrowers to refinance their loans if they are in forbearance. Rates for a 30-year fixed mortgage just fell to all-time lows. But some COVID-impacted borrowers...

May
28
2020

Tips for Investing in Real Estate During A Recession
For real estate investors, waiting for the market to stabilize is usually the way to go. But considering the current pandemic, stabilizing could take some time. And with so much real estate opportunity on the horizon (and currently), waiting may not be something you want to do. If...

May
22
2020

Wraparound mortgages can help home sellers boost their prices
With rates below 3%, these seller-financed loans can be a boon for buyers with bad credit and a money-maker for sellers. But they also can be risky. April numbers are beyond horrifying. An astounding 3.6 million homeowners were past due in April, an increase of 1.6 million since March. At 6.5%...

May
20
2020

Pro and Cons of Listing Your Home For Sale During the COVID Outbreak
Springtime is the most popular time for homeowners to list their homes for sale. However, given the health crisis (and financial crisis for many), you may be wondering if it's still a good idea to sell your home this spring. What are the pros and possible pitfalls of selling your home during...

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