Housing Wire

JANUARY 9, 2025

A reverse mortgage is a possibility for seniors with substantial equity in their homes, the column stated. It essentially enables you to borrow against your equity, and you aren’t required to make any payments while you’re still alive as long as you live in the house. This will reduce how much your heirs receive.

FHA loan

The Mortgage Report

JULY 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Can You Refinance a Home Equity Loan Without Refinancing Your Mortgage?

Equity

The Mortgage Report

JULY 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Check your home equity loan options. How Much Home Can I Afford?

Equity

HomeLight

APRIL 10, 2025

A bridge loan could be the solution youre looking for. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. Buy Before You Sell What is a bridge loan, in simple words? The lender handling your new mortgage will often also offer a bridge loan option.

Equity

HomeLight

APRIL 9, 2025

A bridge loan might be the solution youre looking for. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. Buy Before You Sell What is a bridge loan, in simple words? What are the benefits of a bridge loan in Las Vegas? Why Move Twice?

Equity

HomeLight

APRIL 18, 2025

You might be curious if theres a way to access your homes equity for a down payment before it sells or if your only option is to move out and crash somewhere temporary while you house hunt. A bridge loan could be the piece that helps everything come together. Buy Before You Sell What is a bridge loan, in simple words?

Equity

HomeLight

APRIL 10, 2025

A bridge loan can help you buy a new home before selling your current one. In this post, well break down how bridge loans work in Charleston and share other creative solutions to help you buy before you sell. Buy Before You Sell What is a bridge loan, in simple words? How does a bridge loan work in Charleston?

Equity

The Mortgage Report

JULY 8, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? What Are the Different Types of Home Equity Loans and Which Is Best?

Equity

HomeLight

JULY 28, 2025

You need the equity from your existing home to fund your next purchase — but getting the timing right isn’t always easy. A bridge loan could be the solution to help everything fall into place. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

Equity

HomeLight

JULY 24, 2025

A bridge loan might be just what you need to buy your next home without waiting to sell your current one. In this guide, we’ll walk you through everything you need to know about bridge loans in Sacramento. Buy Before You Sell What is a bridge loan, in simple words? What are the benefits of a bridge loan in Sacramento?

Equity

HomeLight

JULY 24, 2025

You need the equity from your existing property to fund the next purchase, but pulling that off without disruption to your daily life isn’t easy. A bridge loan could be the tool you need to help everything fall into place — giving you the flexibility to buy your next home without rushing to sell your current one first. Why Move Twice?

Equity

HomeLight

JULY 24, 2025

A bridge loan might be just what you need to buy your next home without waiting to sell your current one. In this guide, we’ll walk you through everything you need to know about bridge loans in Sacramento. Buy Before You Sell What is a bridge loan, in simple words? What are the benefits of a bridge loan in Sacramento?

Equity

The Mortgage Report

JULY 7, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Check your best options to tap home equity. How Much Home Can I Afford?

Equity

HomeLight

OCTOBER 28, 2024

Do you have profit-level home equity? Selling your home at a profit starts with knowing your current equity. This is directly connected to what you’ll walk away with after covering your mortgage balance and other obligations tied to your home, including selling costs. Will your debt-to-income ratio permit a new loan?

Pre-approval

Marco Santarelli

APRIL 19, 2025

Maybe you're dreaming of lower monthly payments, paying off your home faster, or even tapping into your home equity for some much-needed renovations. The interest rate is simply the cost you pay to borrow the money. When comparing loan offers, focus on the APR to get a true picture of the overall cost. Shorter loan term?

Mortgages

The Mortgage Report

JULY 1, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? But not everyone can afford to put 20% down.

Loans

The Close

NOVEMBER 25, 2024

However, it’s undeniable that the upfront costs can be pricey. Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. The higher the home’s sale price, the higher your closing costs.

Purchase and sale agreement

Redfin

MARCH 4, 2025

One of the benefits of homeownership is building equity – the amount of the home you actually own. Home equity can be used to help you buy a new home, make improvements to your house to increase its value, or pay off debts. So, how do you calculate how much home equity you have? How is home equity calculated?

Equity

Marco Santarelli

DECEMBER 22, 2024

Mortgage refinance rates hold significant importance for homeowners who aim to lower their monthly payments or leverage their home equity for new financial opportunities. A robust economy can lead to higher interest rates, as lenders anticipate increased demand for loans. Higher credit scores typically lead to lower interest rates.

Mortgages

Marco Santarelli

DECEMBER 29, 2024

Mortgage News This Week In the week ending December 22, 2024, there has been a notable increase in mortgage rates, pushing 30-year fixed-rate loans to an average of 6.91%. This upward trend in rates can be attributed to renewed investor interest and adjustments in long-term bond yields, which are closely linked to mortgage rates.

Mortgages

The Mortgage Report

JUNE 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan

The Close

NOVEMBER 25, 2024

Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. During preforeclosure, homeowners have two main options: sell the property or pay off the outstanding loan balance. This is considered the early stages of a home going into foreclosure.

Hard money loan

Lighter Side of Real Estate

APRIL 29, 2025

Here are some common examples: Money toward closing costs A seller might agree to cover part (or all) of the buyers closing fees, which can be thousands of dollars. Mortgage-rate buydowns Sellers may contribute funds to help lower the buyers mortgage interest rate for the first few years or for the life of the loan.

Seller concession

Redfin

JULY 29, 2025

A lot of people will ask “Is down payment included in closing costs?” It’s easy to get them confused because they’re both big upfront costs you pay when you’re in the homebuying process. Closing costs are all the fees for the services needed to finalize the home sale.

Closing costs

The Mortgage Report

JULY 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? Down payment assistance can be a great option.

FHA 203k rehab loan

Marco Santarelli

DECEMBER 21, 2024

It can be about your financial goals and how a new loan structure can help you reach them. Switching loan terms: Perhaps you want to go from a 30-year mortgage to a 15-year mortgage to pay it off quicker. Switching loan terms: Perhaps you want to go from a 30-year mortgage to a 15-year mortgage to pay it off quicker.

Debt-to-income ratio

AAOA

APRIL 14, 2025

They impact your loan terms and monthly payments. Importance of a Sizable Down Payment A larger down payment for an apartment building can lead to better loan terms. Conventional loans often require 20-25% down for apartment buildings. Government-backed loans might have lower requirements.

FHA loan

Redfin

JUNE 13, 2025

Step 3: Research second-time homebuyer programs and loans Step 4: Work with an experienced agent Step 5: Make a strong offer as a second-time homebuyer Step 6: Plan your transition Second-time homebuyer FAQs Is it harder to buy a house the second time? Communicate closely with your real estate agent to align timelines and contingencies.

Debt-to-income ratio

The Mortgage Report

JULY 11, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? The sky is not falling.

FHA 203k rehab loan

Redfin

JANUARY 28, 2025

Assumable mortgages offer a unique alternative, allowing buyers to take over the sellers existing loan – potentially locking in a lower interest rate and saving money over time. From evaluating the loan terms to understanding the hidden costs, assuming a mortgage isn’t a decision to take lightly.

Loans

Redfin

JANUARY 28, 2025

If you’re exploring mortgage options or looking to sell your home, whether its a charming home in Nashville or a spacious townhome in Houston , you might wonder: Are FHA loans assumable? Are FHA loans assumable? This is a unique feature of FHA loans, as not all loan types (like most conventional loans) offer this option.

FHA loan

Redfin

JULY 30, 2025

Which loan is right for you? Conventional loans: You have a credit score of 620+, stable income, and can put at least 3% down. FHA loans: You have a credit score of 580+ (or 500+ with 10% down) and a higher DTI ratio. VA loans: You’re an eligible veteran, active-duty service member, or surviving spouse.

Loans

HomeLight

MARCH 24, 2025

Who pays closing costs in a short sale? A short sale is a scenario where the mortgage company approves a loan payoff that is short of or less than the full loan balance, explains Misty Soldwisch , an experienced short sale agent in Des Moines, Iowa. Short sale vs. foreclosure: What’s the difference? Find Agent 1.

Short sale

The Close

APRIL 3, 2025

When you need to finance a house flip, you need a loan that offers a repayment term that fits your project timeline, can close quickly, and, of course, doesnt have unrealistic eligibility requirements. This also allows it to close in as little as seven days.

Loans

The Mortgage Report

JUNE 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan

Redfin

JULY 23, 2025

Key takeaways for your down payment strategy 20% isn’t required: You don’t always need a 20% down payment to buy a home, thanks to various loan options. Faster equity: Putting more money down means you build equity in your home more quickly. Government-backed loans like USDA and VA allow down payments as low as 0%.

FHA loan

Redfin

JULY 15, 2025

This Redfin guide is here to be your checklist, breaking down the upfront costs you’ll need to cover to actually close on your home and make it yours. From inspections to closing fees, here’s what you should know (and plan for) before you get the keys. Closing costs So, what are closing costs ?

Closing costs