Category "Mortgage"

Your home may be the single largest investment in your life. At ForTheBestRate.com, we want to provide you with information on the home financing process and make sure that you’re getting a great deal on your next mortgage. In this section of the website, we have posts covering a wide range of topics including real estate investing, mortgage products, refinancing, and industry related news.

Mortgage

Mortgage Rate Update – Sept, 7, 2011

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With mortgage rates at or near historic lows for many programs it could be a great time to invest in real estate or to refinance an existing loan. Low cost...

Mortgage

Three Myths of Mortgage Financing

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UPDATE: Some of the information below may be outdated as mortgage disclosure criteria has been changed greatly in recent years. Please contact a mortgage company serving your area for more...

Mortgage

What is a Harp Refinance?

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HARP is an acronym that stands for Home Affordable Refinance Program. This unique home refinancing program was developed by the federal government under the Obama administration in 2009. The purpose...

Mortgage

Mortgage Rate Update – Lowest Since Dec 2010

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If you have been holding off on refinancing your residence, now may be the time to pull the trigger. According to Freddie Mac’s mortgage rate survey from last week, mortgage...

Mortgage

What Are Convertible Adjustable Rate Mortgages?

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If you are looking for the security of a fixed rate mortgage and the flexibility of an adjustable rate mortgage, a convertible adjustable rate mortgage might be the perfect program...

Mortgage

What are FHA 203 K Loans and How Do They Work?

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It is not uncommon for home buyers to come across property which is no longer of good shape or is simply outdated. So, the question becomes “how can a person...

Mortgage

Can a VA Loan Be Used to Buy an Investment Property?

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A qualifying buyer can use a VA loan to purchase most multi-family homes. However, according to VALoanCenter.com, the home must be used as the borrowers primary residence and thus VA...

Mortgage

Borrower Mortgage Checklist

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Applying for a mortgage isn’t exactly a simple process, but it doesn’t have to be a headache if you take steps to stay organized and be proactive about preparing your...

Mortgage

Fannie Mae Cash-Out Limits for Investment Properties

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Back when I was in the mortgage industry we would get calls daily from individuals looking to cash-out some of the equity in their investment properties. Unless you are working...