Category: Mortgage

## Conventional Mortgage Loans: Assumability and Considerations ### What is an Assumable Mortgage Loan? An assumable mortgage loan is a type of mortgage loan that allows a new homebuyer to….

## Are Refinance Mortgage Rates Going Down? **Introduction** Refinancing a mortgage is a popular financial move for homeowners looking to reduce their monthly payments, lock in a lower interest rate,….

## The Enduring Subprime Mortgage Market: A Post-Crisis Analysis ### Introduction Subprime mortgages, once a major force in the housing market, came under increased scrutiny following the 2008 financial crisis…..

## Annual Percentage Rate (APR) in Mortgages **Understanding the Arm in Mortgage** In the realm of mortgage financing, the term “ARM” stands for Annual Percentage Rate. It refers to a….

## Rocket Mortgage Points System Rocket Mortgage, a popular mortgage lender, offers a points system that allows borrowers to reduce their interest rate in exchange for paying an upfront fee…..

## How to Calculate Mortgage Payments by Hand Calculating mortgage payments by hand can be a daunting task, but it’s not as difficult as it may seem. By following a….

## Does Your Mortgage Include Property Tax? When you take out a mortgage to buy a home, you are typically required to pay property taxes in addition to your mortgage….

## Does My Bonus Count Towards Mortgage? **Can I Use My Bonus to Get a Mortgage?** Yes, in most cases, you can use your bonus towards a mortgage. Lenders typically….

## Can You Assume Someone’s Mortgage? **Yes, you can assume someone’s mortgage, but it’s not a simple process.** It requires the agreement of both the current homeowner and the lender…..

## Is Shellpoint Mortgage Federally Backed? Shellpoint Mortgage is a privately-held mortgage lender that is not federally backed. This means that the company is not regulated by the federal government….