How to Write a Letter of Explanation for a Mortgage
Mortgage lenders might request a letter of explanation for various red flags that come up in underwriting. Learn how to write one, and download a template. Read More
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Can You Get a Home Equity Loan With Bad Credit?
To get a home equity loan with bad credit you’ll need more income, more home equity and less debt than someone with good credit. You'll also pay a higher rate. Read More
How Much Are Home Equity Loan Closing Costs?
Home equity loan closing costs typically range from 2% to 5% of the loan amount, but some lenders may reduce or waive them altogether. Read More
Can You Use Home Equity To Buy an Investment Property?
Learn which loans and investment strategies you can use, as well as the pros and cons of using home equity to invest in real estate. Read More
Jumbo Mortgage Refinance: How To Qualify
Refinancing a jumbo loan can let you take cash out, change your loan term and change your rate — but you’ll need to qualify with a strong financial profile. Read More
Can I Get a VA Home Equity Loan with a VA Mortgage?
There is no such thing as an official VA home equity loan, but you can borrow against your home equity to free up cash. Here are your options. Read More
VA Funding Fee: Requirements for 2025
A VA funding fee is a one-time charge you may pay if you're eligible for a VA loan. Check out the latest VA funding fee chart to see what it might cost you. Read More
How To Lower Your Mortgage Payment
Wondering how to lower your monthly mortgage payment? Learn how with tips to save money on what's likely your biggest monthly expense. Read More
FHA Streamline Refinance: Pros, Cons, Requirements and Rates
Learn how the FHA streamline refinance program can help borrowers with a current FHA loan save money without a credit check or employment verification. Read More
How To Refinance a HELOC
If you find that payments on your home equity line of credit (HELOC) stress your finances, here are a few ways you could refinance your HELOC. Read More
