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What credit score is needed to refinance your mortgage?

The credit score you need to refinance depends on the mortgage lender you work with, your individual situation and often the type of refinance you choose (for example, cash-out ve ... read more

FHA loan requirements for 2024

In 2024, you’ll need to meet the following FHA requirements to qualify for a loan: The minimum credit score for an FHA loan is 500, but borrowers can only be approved with that score if they make a ... read more

Flood rule aims to strike a tricky balance on FHA loan costs

Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges. read more

FHA loans: Definition, requirements and limits

An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan. You can use an FHA loan to buy, build or renovate a home, or ... read more

All-cash home sales drops to lowest in 3 years

NAHB analysis of the most recent Quarterly Sales by Price and Financing report reveals that the share of new home sales backed by VA loans climbed substantially in the first quarter of 2024, while all ... read more

How Long Does It Take to Refinance a House?

A mortgage refinance usually takes about 30 to 45 days to complete, but it could take more or less time, depending on the situation. read more

Does the FHA allow nonoccupying co-borrowers?

"FHA requires the nonoccupant co-borrower to be a family member to be eligible for the lowest down payment option, but their definition of a family member is pretty liberal, including step-relatives, ... read more

How to refinance a rental property

Refinancing a rental property can allow you to change the mortgage term, rate or both or take out equity for financial needs. To refinance your rental property, be sure you’re up on lender ... read more

What is a Mortgage? Types & How They Work

A mortgage is a loan used to buy real estate. What is a mortgage going to cost you? That depends — but you can get a clearer idea here. read more

I Want to Buy an Airbnb -- How Much Do I Need for a Down Payment on the Mortgage?

Airbnb rentals can be an excellent way to invest in real estate and have a vacation home for your family to enjoy. Find out the down payment you'll need. read more

Buying a house? In this economy? 9 stories of people pulling it off.

Last year, just over 4 million existing homes sold in the United States — the lowest number in nearly three decades, according to the National Association of Realtors. Loans have gotten more expensive ... read more

Zillow Home Loans Review 2024: A Simple Online Mortgage Experience for Well-Qualified Borrowers

Zillow Home Loans offer a simple online mortgage experience, including prequalification with only a soft credit inquiry. But its minimum credit score criteria is a bit stricter than some other lenders ... read more