Articles by Dahna Chandler - Page 3

Lower ARM rates can help you qualify for a bigger mortgage and a better house. ARMs can be fixed for up to ten years, so there is probably an ARM that minimizes your risk and saves you money.

How to calculate house payment: Your house payment is more than your principal and interest on your mortgage. Most lenders also add your property taxes and homeowners insurance. You may also pay HOA dues and flood insurance.

So, can you get a new mortgage after a deed in lieu of foreclosure? In many cases, you can. Here are the programs you may use, and what it takes to get approved.