What Are Typical Mortgage Down Payments?
Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. more
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Mortgages
In addition to mortgage loans for home purchases, there are also other loans available for various purposes that use the home for collateral.
Rates
Mortgage interest rates are determined by credit history strength, the number of points you pay, the size of your down payment and the type of loan program you choose.
Home Buying
Obtaining funding is crucial to buying a home. This requires applying for a mortgage, choosing a house that meets the appraisal standards, and determining the amount of the down payment.
Loans
There are dozens of different types of mortgage loan programs. They have been created to suit the varying needs of homebuyers.
Moving
When making a big move, it's essential to find out as much as possible about the schools, the neighborhoods, the housing costs and the community resources.
MORE MORTGAGE ARTICLES
Short Selling a Rental Property
If you intend to sell a rental property, you will need to understand how the short selling works, what it means for your mortgage and how it affects your taxes. more
Should You Refinance? Make Sure the Timing is Right
Deciding whether or not you should refinance depends on your personal financial situation. If interest rates are lower today than they were when you first took out your mortgage, refinancing makes sense. more
- FHA Eligibility with Bankruptcy and Foreclosure
- Alternatives to Getting a 2nd Mortgage
- 3 Common Short Sale Mistakes
- Second Mortgages: Advantages and Disadvantages
- 3 Warning Signs of Loan Modification Scams
- 3 Reasons Banks Reject Short Sales
- Low Down Payment Loan Qualification
- FHA Loans for a First-Time Home Buyer
- What To Do When Mortgages Default
- How to Get Approved for an FHA Loan despite Bad Credit
- 3 Factors that Can Negatively Affect Your Mortgage Application
- Home Equity Loans for People with Bad Credit
- Appraisal Basics
- What Lenders Don't Reveal About Home Equity Loans
The Mortgage101 Blog
Mortgage Delinquencies Decline in Latest Quarter
Fewer homeowners were behind on their mortgage payments in the fourth quarter of 2011, according to the Mortgage Bankers Association, pushing delinquencies to a three-year low. “The total delinquency rate and foreclosure starts rate decreased and are back down to levels from three years ago,” said Jay Brinkmann, MBA’s chief economist and senior vice president for... more