An FHA Streamline is a no-documentation refinance of an FHA loan. This means you don’t have to go through a credit-qualifying process, unless you have a borrower being removed and require regular underwriting, and you can more quickly close with less paperwork and still get the refinance benefits you expect. You do not need an…

Most people assume they’re not a first time home buyer because they have owned a home before but that’s not how the mortgage definition actually works. Let’s say you have owned before but have been renting the last few years, then you probably qualify. The clock resets every 3 years. If you have not had…

A lot of people have recently brought up the mention of dealing with major debt like foreclosure and bankruptcy and how it affects their finances and loan chances. To be honest, I have held back on talking about this because I am not a bankruptcy lawyer and there are so many situations to consider. There…

Check your bank statements or call your bank and ask but if your money is in Bank of America, Chase Bank, Wells Fargo, or even most credit unions, you’re earning a couple of pennies in interest instead of dollars every month. Standard banks don’t pay in interest like online banks because they’re more obsolete. They…

When you think about going through your finances with a fine-toothed comb, what emotions do you feel initially? What are your automatic reactions to analyzing your financial statements? When going through your credit card charges, your debit card swipes, and your bank activity, fear and anxiety should not be what you go through. Assessing your…