Published on Oct 10, 2016 Do you want to refinance but have low or no equity? You could be eligible to refinance with the Home Affordable Refinance Program (HARP) even if you’ve been denied in the past. HARP’s easy qualification requirements and streamlined refinance process have made it possible for nearly 3.5 million Americans to …
An Adjustable Rate Mortgage (ARM) is a type of mortgage loan where the interest rate is not fixed for the entire term of the loan but can adjust periodically based on a specific index or benchmark. ARMs typically have lower initial interest rates compared to fixed-rate mortgages, which can make them attractive to borrowers who …
Published on Jan 5, 2015 Your credit score has a direct impact on how much you can borrow and whether or not you qualify for the lowest rates. Several factors affect your credit score, including the types of credit you already have (like student loans or auto loans, for example), the age of your credit …
Understanding Credit Scores | Quicken Loans Education Read More »
The mortgage process can seem complex, but with the guidance of Connecticut Real Estate, you’ll gain a clear understanding of each step. Here’s an overview of the mortgage process: 1. Pre-Approval: The journey begins with mortgage pre-approval. We’ll connect you with trusted lenders who will assess your financial situation, creditworthiness, and determine the maximum loan …
