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 …
Steve Schappert has closed many VA home loans for veterans. Call 203-994-3950 to get started in Connecticut. Steve is the broker at Connecticut Real Estate and has helped as many as 550 home buyers a month realize the dream of homeownership across the country. Although there are many benefits, there are some disadvantages to …
Published on Oct 10, 2014 Quicken Loans announces the PMI Advantage, a new and exclusive program that can save you thousands in mortgage insurance payments, compared to traditional PMI. It allows you to enjoy the home of your dreams without having to put 20% down. With PMI Advantage , you’ll accept a slightly higher mortgage …
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 Feb 19, 2015 Eddie Berger, director of solution consulting at Quicken Loans, explains one of the most important tools someone considering a mortgage should consider – the mortgage calculator. Mortgage calculators allow someone to find out what their payment and interest on a mortgage would be, and also if they could save money …
Understanding Mortgage Calculators | Quicken Loans Education Read More »
Mortgage subordination is a financial arrangement that involves changing the priority of existing mortgages or loans on a property. Subordination typically occurs when a borrower wants to take out a new loan or mortgage, and it affects the order in which creditors are paid if the borrower defaults on the loans. Here’s a detailed explanation …
Published on Jan 27, 2015 If you’re getting ready to buy a house, there are a few components that are really important to consider. The first is your budget. Your budget should include enough to cover both your down payment and a comfortable monthly payment. Second, you should consider the actual location of your home …
Real Estate Agents, Brokers and Brokerages *Note that each state has its own real estate laws. This summary is a general view that may not exactly reflect the laws in your state. In the United States a real estate agent is an individual who has passed a state mandated class on real estate and who …
What is a Real Estate Buyer Agent? Real Estate Broker, Buyer’s Agent. Read More »
