Best Mortgage Articles

Common Mortgage Questions—Information You Need to Know For first-time home buyers, the process of getting a mortgage can seem intimidating. There are a lot of factors that come into play when getting a loan for a home—and if you haven’t done it all before, it can potentially be overwhelming. That is why it is so helpful to do your research before you begin applying for a mortgage. Reading articles like this one, articles that answer many frequently asked mortgage questions, is an essential first step in learning what you can expect from the process. Not that long ago, I wrote

Finding the best FHA lenders to suit your needs is a critical step towards home ownership. There are 5 things to look for when shopping for an FHA lender.

Learn the top reasons why so many service men and women continue to use the Wisconsin VA loan for their home buying and refinancing needs.

Ever since the latter part of the 80’s decade, elder citizens have been able to tap in to the equity of their home via a reverse mortgage…

Before you start looking at homes, it’s wise to get your selection of a lender squared away first. Part of being prepared to get a loan is…

Learn the pros and cons of the VA loan and make a good, educated decision about their home purchase.

Consequences of Lying on a Mortgage Application are significant while rarely enforced on the judicial level. Still, the blowback can make for a grim future.

Understanding Why Mortgages Change Hands Are you one of the many homeowners who has opened up a letter from your mortgage provider and read that your mortgage loan has been transferred? Did it prompt an increase in your heart rate and cause you to worry what this means for you and your mortgage? First of all, try not to become too concerned. What many of us do not realize is that a mortgage can be transferred not just once but multiple times over the term of a loan. The majority of borrowers never even know it has happened. In fact,

20 Mortgage disasters to dodge shines the light on hidden common traps that put the brakes on dream homes. Get smart about your home loan options.

The VA mortgage has several advantages that are not available to other types of loans. These advantages can help the home buyer save money in multiple ways and get approved with ease.

If you are looking at a home that is outside of a major city, or a place in the country, a USDA Rural Development Loan in Wisconsin can be a great option.

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The FHA 203k loan is used to buy an existing property and also make repairs, improvements or remodeling to the home. Learn more about the FHA Loan Requirements.

Take a look at this collection to find some of the best mortgage resources

The FHA 203k is a good way to buy a home and also get the extra money that can be used for renovations, repairs or both. Learn the pros and cons of FHA 203k loan

The HARP loan is being replaced with a new high LTV program from Fannie Mae and Freddie Mac that can still be beneficial to numerous homeowners.

Subprime mortgages are available again in 2019. Enclosed is a list of the top subprime mortgage lenders where you can find a niche program to suit your needs.

Before buying a home, you should get pre-approved for a mortgage. This information is crucial in the home buying process.

The purpose of the VA streamline refinance (VA IRRRL) is to lower your interest rate, thereby saving you money over the length of the loan.

The Federal Housing Authority (FHA) does more than offer ways for people to buy a home. They have another program designed to allow homeowners to get a lower interest rate, and hopefully a lower payment, without going through all the normal work associated with a refinance. The program is called the FHA Streamline Refinance.

Listed below are guidelines and basic information about the Wisconsin FHA loan and how it helps potential home buyers.

Explaining the pros and cons of a reverse mortgage to help people make a wise decision for their needs.

Understanding how private mortgage insurance works and how it impacts the monthly payment can help you make a more informed choice when you are ready to purchase a home.

There is good news, especially for first time home buyers. There are a number of great programs to help get you started

Myths About Mortgages When Buying a Home If you are like most buyers, you are going to need a mortgage to buy a home. Unfortunately, there is a lot of misinformation out there about mortgages. These mortgage myths can make the challenge of purchasing a home even more intimidating, so it is worthwhile to learn what is true and what is not. Check out the following mortgage myths to ensure you do not fall for any of them as you move forward with buying your home. Many of these mortgage falsehoods can be avoided by finding an exceptional lender or

Read detailed information on how to avoid no down payment mortgage mistakes on our blog https://www.madisonmortgageguys.com/no-down-payment-mistakes/ In this...

Understanding the FHA loan requirements well before you begin shopping for a home will help make the whole process much easier. We outlined the key requirements and guidelines that you need to know

Rather than provide their kids or grandkids with a check as a down payment on a home, some people choose to offer a gift of equity on an existing home.

The following compilation will provide important VA mortgage facts that are definitely true as well as debunk some commonly believed myths.

FHA closing costs average anywhere from 2% to 4% of the loan amount. Your actual costs will be tied to various factors such as your loan amount, credit score, and lender fees.