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USDA Unveils Mortgage Relief Measures with 20% Payment Reductions
USDA loan homeowners now have access to a new mortgage relief program that could reduce their monthly payments by 20%. The USDA released...
Christopher Breland
Aug 6, 20212 min read
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VA Mortgage Relief: Plan to Reduce Payments by 20% or More
VA loan homeowners affected by COVID-19 now have mortgage relief options including payment reductions of 20% or more. Following an...
Christopher Breland
Aug 5, 20213 min read
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Jumbo vs Conventional Loans: What’s the Difference?
There are many different loan types to choose from when you’re buying a home. The right one often depends on a number of factors, such as...
Christopher Breland
Aug 5, 202110 min read
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FHA Property Requirements: Which Homes Qualify for a 3.5% Down Loan?
FHA loans are among the most solid mortgages in the market. Low down payment, low credit score requirement, and relatively low interest...
Christopher Breland
Aug 4, 202111 min read
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FHA Enhances Mortgage Relief “Waterfall” With 25% Payment Reductions
The Federal Housing Administration (FHA) unveiled expanded recovery options for homeowners most in danger of losing their homes due to...
Christopher Breland
Aug 4, 20212 min read
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Even With 0% Down, Mortgage Payments Are Cheaper Than Rent
For prospective homebuyers nervous about monthly mortgage payments, a look at recent housing data may tip the scales. According to...
Christopher Breland
Aug 3, 20213 min read
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Millennials Were Already Leaving Metro Areas — COVID Just Gave Them a Push
The pandemic may have accelerated migration out of high-cost cities, but millennials sparked this trend even before “coronavirus” became...
Christopher Breland
Aug 2, 20213 min read
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How Does a Reverse Mortgage Loan Work? It’s Not Magic — It’s Your Home Equity.
Imagine that you’re paying your mortgage loan every month, just as you’ve done for years. Then, on your 62nd birthday, someone tells you...
Christopher Breland
Aug 2, 202115 min read
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FHA Extends Eviction Moratorium for Foreclosed Single Family Homes
Residents occupying foreclosed or surrendered homes owned by the Federal Housing Administration (FHA) cannot be evicted when the July 31...
Christopher Breland
Jul 30, 20212 min read
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USDA Loan Income Limits: Find Out if You Qualify
If you’re having trouble saving up a down payment to buy a home, the U.S. Department of Agriculture (USDA) might have a solution for you....
Christopher Breland
Jul 30, 20216 min read
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Fed Cites Progress, Waiting For Stronger Jobs Numbers Before Tapering
Homebuyers can expect little change in mortgage interest rates based on the latest Federal Reserve meeting. The Federal Open Market...
Christopher Breland
Jul 29, 20212 min read
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What Are the Different Types of Conventional Loans?
When people talk about mortgages, they’re usually referring to conventional loans. The most common type of home loan, a conventional...
Christopher Breland
Jul 29, 20219 min read
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FHA Loan Closing Costs: What You’ll Pay and How To Save
For many cash-strapped homebuyers, FHA loans* are a godsend. The low down payment requirement of 3.5% allows you to purchase a home for...
Christopher Breland
Jul 28, 20219 min read
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$9.2 Trillion in Senior Home Equity is the Largest Asset Pool You’ve Never Heard Of
American seniors are sitting on a massive mountain of cash. Low interest rates, rising home prices, and vanishing inventory have...
Christopher Breland
Jul 28, 20215 min read
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FHA Loan Mortgage Insurance: How Much Will You Pay?
If you’re looking for ways to make your dreams of homeownership come true, you’ve likely come across FHA loans, which are backed by the...
Christopher Breland
Jul 27, 20219 min read
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Four Charts that Show the Pandemic Home Building Shift
The COVID-19 pandemic altered many things about daily life, and home building is no exception. Rising home prices, shrinking inventory,...
Christopher Breland
Jul 27, 20213 min read
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Could a Reverse Mortgage Loan Protect Your Retirement Savings From Inflation?
*This article does not constitute tax or financial advice. Please consult a tax and/or financial advisor regarding your specific...
Christopher Breland
Jul 26, 20218 min read
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Oregon Becomes First State to Ban Real Estate “Love Letters”
With a signature from Governor Kate Brown in June, Oregon became the first state to prohibit seller’s agents from accepting so-called...
Christopher Breland
Jul 26, 20212 min read
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Biden Proposes Mortgage Relief Program 2021: Up to 25% Payment Reduction
For government mortgage loan programs (FHA, VA, USDA), the Biden administration is seeking to provide a 20%-25% reduction in mortgage...
Christopher Breland
Jul 23, 20213 min read
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VA Loan vs Conventional: Which Mortgage Is Right for You?
VA Loan vs conventional — how do they compare? If you’ve served in the armed forces, you may be eligible for a VA loan to help you...
Christopher Breland
Jul 23, 202113 min read
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