Fannie Mae squeezing out appraisers with new automated program
Value Acceptance + Property Data option means someone with a handheld device is going to stroll through your house.
By JEFF LAZERSON | email@example.com | MortgageGrader.com
Article originally posted in Orange County Register on March 30, 2023.
Homeowners and buyers,...
Why Condos are a Great Homeownership Option this Spring
Are you looking to buy a home this spring but feeling overwhelmed by the high costs of traditional single-family homes? It’s time to expand your search to include alternative housing types, like a condominium. Sure, they may look small on the outside but don’t...
Homebuyers who want a low rate can assume the sellers’ FHA mortgage
FHA mortgages have always been assumable to qualified buyers.
By JEFF LAZERSON | firstname.lastname@example.org | MortgageGrader.com | March 29, 2023
Article originally posted in Orange County Register on March 23, 2023.
I thank my late father for talking me into this.
In 1978, my dad,...
20% Down May Not Be The Right Move For You - Here's Why
The idea that you should put 20% down on a home is one that has been the "gold standard" for years. After all, when you put 20% down, you avoid paying for private mortgage insurance, and you'll have a smaller loan amount with lower monthly payments. It's something that could save you a lot of...