Your Guide to Refinancing Your Condo
A condo refi is similar to refinancing any other home. The lender will look at your income, assets, and credit to ascertain your qualification. Plus, the condo will also be appraised to determine the property value.
However, since there are more variables when refinancing a condo, such as...
Agency plan would postpone foreclosures until 2022
The Consumer Financial Protection Bureau has proposed that mortgage servicers delay action on borrowers’ principle residence until after December.
By Jeff Lazerson | jlazerson@mortgagegrader.com | MortgageGrader.com | April 11, 2021
How many homeowners are circling the...
Home Inspection 101: A Homebuyer’s Guide
A home inspection alerts you to any immediate repair concerns plus gives you an idea of what it may cost to maintain the home in good condition.
Let's take a closer look at the home inspection process so you know what to expect, and what the inspection does and does not include...
How much higher can home prices go?
Experts are positive on continued home prices gains. But rising mortgage rates could curb home sales and trigger price drops, they warn.
By Jeff Lazerson | jlazerson@mortgagegrader.com | MortgageGrader.com | April 4, 2021
Today, the successful Southern California home-bidders...
How To Remove Mortgage Insurance From Your Home Loan
You don't need to put a minimum of 20% down on a new home. That's the upside. The downside is that you'll need to pay mortgage insurance if your down payment is less than 20%. Read this post to learn the factors that determine if and when you can get rid of your mortgage insurance.
What...