Recently FHA came out with a new plan for individuals who are interested in refinancing their mortgage in Illinois, specifically for FHA Streamlines. However, this plan will not help everybody; only the people who meet the requirements. This will not benefit anyone who has refinanced their mortgage in Illinois recently. Even though rates are at […]
What You Need to Know About Buying and Refinancing a Mortgage in California
Each individual situation is different, so it is crucial for you to educate yourself on everything you need to know about getting a mortgage in California. Whether you are buying a home for the first time or are a long-term resident who is interested in refinancing your current mortgage in California, it is a good […]
4 Reasons Why Choose a St. Louis Lender on Bankrate
Whether you are looking to refinance or purchase a home, you might want to shop for a St. Louis lender on Bankrate. As a smart consumer, you want to find a St. Louis lender on Bankrate that meets your financial needs. The very first thing you want to do is go on Bankrate.com and select […]
A Step By Step Guide for a First Time Home Buyer, St. Louis
If you are a person that has not purchased a home in the past 3 years, you would be considered as a first time home buyer. St. Louis realtors and mortgage professionals are here to help guide you through the purchase process, and make it as smooth as possible. The first step is to see […]
Reasons why you should Get a Mortgage in Missouri
One reason why people should get a mortgage in Missouri is that Forbes Magazine ranked Missouri number 4 on its “Most Affordable Places to Live” list. If you are currently thinking about purchasing a home for the first time, you might want to check out cities that are inexpensive to live in. Another reason to […]
Avoid 20% Down Payment When Applying for Your Mortgage in Missouri
There is a common misconception that a buyer has to put a 20% down payment on their mortgage in Missouri. There have been studies showing that most buyers put less than 20% down and that some programs are not as difficult as one may think to qualify. One common zero payment mortgage in Missouri is […]
Pros and Cons to No Cost Mortgage, Missouri
When people in Missouri hear that they have an option for a zero cost mortgage, their first thought is that it is too good to be true. But it is true; zero cost mortgages are available for people living in Missouri. Getting a mortgage in Missouri with no closing cost may seem more attractive to […]
What You Need to Know About FHA, Missouri
What do you need to know about FHA (Missouri)? For starters, FHA stands for Federal Housing Administration which is a government agency that supports home ownership and stability in the mortgage market. FHA started as the “New Deal Program” during the Great Depression. FHA also works as part of HUD which stands for, Housing and […]
5 Common Pitfalls When Getting Your First Home Loan, St. Louis
The very first thing you can do to avoid these pitfalls is to do your homework on how to get a home loan (St. Louis). By doing some research, you can learn the financing mistakes from previous individuals who have purchased a home. One of the biggest slips is to only focus on your monthly […]
Don’t Settle For Any Mortgage Company, Missouri
Selecting a mortgage company (Missouri) is similar to dating. In dating you are looking for chemistry and someone that is compatible to you. Searching for a lender you are also looking for “chemistry.” You want to find a mortgage company (Missouri) that makes you feel comfortable discussing your personal financial situation. You also want to […]
