Mortgage Strategy - Page 6

HELOCs and cash-out refinancing both tap your home equity, but they work very differently. Explore HELOC vs cash-out refinance pros and cons.

A lower interest rate can drop your mortgage payment and boost your home-buying budget. These loan types offer lower rates in today's market.

Bank statement loan lenders can help self-employed mortgage borrowers qualify for home loans. Here's how to find a safe bank statement loan.

A piggyback loan can help you dodge PMI or avoid a jumbo loan. But piggyback mortgages aren't right for everyone. Here's what to know.

Getting a mortgage with your bank might feel like the natural choice. But it could seriously cost you in the end. Here's why.

Earnest money, down payment, and closing costs all need to be paid by home buyers. Learn when your upfront fees are due and what to expect.

It's possible to buy a house with part-time income. But your part-time job must meet certain requirements to qualify. Here's what to do.

Some buyers can use an offer letter mortgage to qualify for a home loan before starting their new job. Here's how offer letter loans work.

With July's inflation numbers down and housing demand lower, have mortgage rates already hit their peak for 2022?

Many borrowers wonder how HELOC repayment works when their loans reset. Here's how to create an exit strategy before your payments rise.

Lenders don't always require two years of tax returns to approved self-employed mortgage applicants. Here are the rules you should know.

There are ways to lower your mortgage payment without a refinance, or at least reduce the total interest paid over the life of your loan.

The average down payment on a house is less than 20 percent. In fact, the median for younger home buyers is just 8-10% down.

Caliber review showing how Caliber Home Loans compares to other top mortgage lenders for mortgage rates, customer service, and loan options.

Looking for the cheapest way to buy a house? Here are 7 strategies that can help you become a homeowner sooner than you thought possible.

With interest rates shooting up, adjustable-rate mortgages can offer cheaper financing. Find out if an ARM is right for you.

Adjustable-rate mortgages (ARMs) can be a great home buying tool when rates rise. But they aren't for everyone.

A no-closing-cost mortgage or refi saves you money upfront. But your total cost could be higher. Here are the pros and cons of no-closing-cost mortgages.

Should you refinance or pay extra? That depends on your current mortgage and your financial goals. Explore the pros and cons of both options.

It may be possible to refinance without an appraisal, but only if you meet certain requirements. Learn about appraisal waivers and no-appraisal refinancing.