How a Refinance Can Help Your Monthly Cash Flow

Refinance Mortgage Cash Flow

Chances are that your house payment makes up a big chunk of your monthly expenses. If you find yourself looking for a little extra cash flow each month, one of the solutions is to refinance your home. You could save anywhere between $100 and $500 per month, depending on your current interest rate, your new interest rate, and other factors. Read More

How much mortgage can I afford?

How much mortgage can I afford?

Before potential homeowners apply for a mortgage, they may ask themselves the all important variable, “How much home can I afford?” It’s always a good idea to ponder affordability in advance because it means you can look for houses that fall exactly within the your price range. Read More

Conventional Loan Requirements and Conventional Mortgage Guidelines | 2018

Conventional Loan Requirements

What is a Conventional Loan?

A conventional loan by definition is any mortgage not guaranteed or insured by the federal government. Conventional loans can be either “conforming” or “non-conforming”, although conventional loan requirements generally refer to mortgage guidelines that ‘conform’ to government sponsored enterprises (GSE’s) like Fannie Mae or Freddie Mac. Therefore, when you’re searching for more information on ‘conventional loans’, ‘conforming loans’ or ‘conventional conforming loans’, you’re likely referring to the same thing. Read More

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