Search results
FHA vs. conventional loans: What’s the difference?
Bankrate via AOL· 4 weeks agoKey takeaways FHA loans and conventional loans are both issued by private lenders, but FHA loans are insured by the federal government, and conventional...
Guide to refinancing an FHA loan to a conventional loan
Bankrate via AOL· 4 days agoKey takeaways By refinancing an FHA loan to a conventional loan, you could get a lower interest rate...
What is a loan-to-value ratio?
Bankrate via AOL· 2 months agoKey takeaways Your loan-to-value (LTV) ratio is the principal of your mortgage loan divided by the value of the property you're buying, usually expressed...
How to remove FHA mortgage insurance and lower your payments
Yahoo Personal Finance· 1 month agoFHA mortgage insurance removal is possible if you refinance or qualify for cancellation. Find out if...
How much is an FHA loan down payment?
Bankrate via AOL· 4 months agoKey takeaways FHA loans require a minimum 3.5 percent down payment for borrowers with a credit score of 580 or more. Borrowers with a credit score of 500...
What is a debt-to-income ratio for a mortgage?
Bankrate via AOL· 4 months agoKey takeaways Your debt-to-income (DTI) ratio is a key factor in getting approved for a mortgage. The lower the DTI for a mortgage the better. Most...
Income requirements to qualify for a mortgage
Bankrate via AOL· 1 month agoKey takeaways There are no specific income requirements to qualify for a mortgage. To determine whether you'll qualify for the loan, lenders use your...
5 types of mortgage loans for homebuyers
Bankrate via AOL· 4 months agoKey takeaways The main types of mortgages are conventional loans, government-backed loans, jumbo loans, fixed-rate loans and adjustable-rate loans. There...
What is a mortgage? Everything prospective homebuyers need to know
Fortune via Yahoo Finance· 2 years agoEmbarking on the homebuying process can be a daunting experience, especially if it’s your first time...
Bank statement loan: What is it and who should get one?
Bankrate via Yahoo Finance· 4 months agoKey takeaways A bank statement loan allows you to qualify for a mortgage using bank statements...
