by Ed & Barbara Heiser | Sep 29, 2018 | Home Buying Process, Mortgage Approval Process, Mortgage Closing Costs, Mortgage Payments, Mortgage Programs, Mortgage Rates
The following chart is provided as a summary of the basic qualifying features of the most popular Arizona Down Payment Assistance programs. These programs are made available to help responsible Arizona home buyers who struggle to save for a down payment buy a home...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Programs
The VA Funding Fee is an essential component of the VA home loan program, and is a requirement of any Veteran taking advantage of this zero down payment government loan program. This fee ranges from 1.25% to 3.3% of the loan amount, depending upon the circumstances....
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Rates
Lower mortgage rates is a common misconception that is perpetuated by the mainstream media when the Fed makes an announcement of lowering rates. However, when the Fed cuts interest rates, mortgage rates can actually increase. Fed 101: According to Wikipedia: The...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Rates
The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven’t been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual Percentage Rate (APR) advertised...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Rates
Timing the market for the opportunity to lock a mortgage rate on a new loan is certainly a challenge, even for the professionals. While there are several generic interest rate trend indicators online, the difference between what’s advertised and actually...
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