28 Apr 2016
By Mark Feder

The HARP Refinance Program Has Been Extended into 2016: Here’s How You Can Take Advantage

Home Mortgage Tips
With the Home Affordable Refinancing Program recently being extended until the last day of December, 2016, many homeowners who have found their assets in a challenging situation have been given a second chance to apply and receive an affordable mortgage. By taking advantage of the HARP program, eligible borrowers can refinance to the current mortgage rates on their homes while avoiding paying for private mortgage insurance or putting down the principal. A Quick Primer On The HARP Refinancing Program With the economy in a strong downturn in 2008, the value of millions of American homes plunged and the owners found…
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26 Apr 2016
By Mark Feder

You Ask, We Answer: 5 Ways That You Can Proactively Build and Improve Your Credit Score

Home Mortgage Tips
If you're planning to buy a house or take out a business loan in the near future, you'll want to work hard to boost your credit score well ahead of time in order to improve your likelihood of getting the loan you need. A great credit score can also make you more desirable to employers and help you to negotiate lower car insurance rates. But what can you do in order to build your credit score over time? What are the best strategies for boosting that score as high as possible? Here's what you need to know. Dispute Errors On…
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19 Apr 2016
By Mark Feder

Understanding the CFPB’s New Mortgage Rules and How They Might Affect You

Home Mortgage Tips
If you're getting a mortgage, you'll want to ensure you're well versed in all of the government regulations surrounding mortgages and how they affect you. One government agency that dictates a number of the rules surrounding mortgages is the Consumer Financial Protection Bureau. The CFPB has several regulations that lenders need to follow, some of which have only recently come into effect. So how do the CFPB's new mortgage rules affect you? Here's what you need to know. Know Before You Owe: Mortgages Just Got Easier To Understand The CFPB's new Know Before You Owe mortgage disclosure rule has rolled…
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14 Apr 2016
By Mark Feder

Three Tips to Ensure That a Reverse Mortgage Makes Sense for Your Financial Situation

Home Mortgage Tips
If you're having financial troubles, or if you need to free up a large sum in a short period of time, a reverse mortgage is a great way to get the money you need without having to take on new debt or make monthly payments. When you apply for a reverse mortgage - also known as a home equity conversion mortgage - you're essentially borrowing money from the equity you've built up in your house. The great advantages of a reverse mortgage are that you don't need to make any loan payments until you decide to move out of the…
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