Can I Deduct FHA Mortgage Insurance Premium on My Taxes?

The short answer is Yes, but with an attached disclaimer. No matter if the mortgage insurance premium (MIP) is added to the mortgage or paid with cash by the borrower,…

financing without taxes

Can I Get A Mortgage without Tax Returns?

The short answer is YES you can. However, it will not be with a no income verification loan. The days of stated income and falsifying your income are pretty much…

divorce property division

Top Reasons to Refinance Before a Divorce

If you and your spouse have a joint home mortgage, refinancing your mortgage before divorce proceedings might be the best choice financially. This type of scenario has a few choices….

harp refinance answers

Don’t Overlook These HARP Refinance Quick Answers

Is HARP available on Loans over $417,000? NO, loans greater than $417,000 are categorized as jumbo loans. HARP was made to help borrowers who are underwater on Fannie Mae and…

Lenders Will Still Offer Loans With Some Risk

On Jan. 10, a new rule for residential mortgages becomes effective which is intended to protect borrowers and lenders from the problems brought on by the past housing crisis. In…

Do The New Restrictions On Investors Help Borrowers?

Without a doubt, real estate investors who carry-back a mortgage for homebuyers are going to be impacted in a big way by Dodd-Frank laws. On Jan, 10th, 2014, investors who…