A private mortgage lender is any individual or noninstitutional lender that loans money to a homebuyer to purchase a property. Private mortgage lenders can be home sellers offering financing, family ...

The current average mortgage rate on a 30-year fixed mortgage is 6.21%, according to the Mortgage Research Center. The ...

If you have to pay PMI, there are several ways to do it. With borrower-paid PMI, your premium is added to your monthly ...

Let’s start off the new year with a money saving tip, especially for low-down payment, first-time owners who bought a home more than two years ago. If you bought your home using conventional financing ...

With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...

Physician mortgage loans are geared toward soon-to-be or new doctors who may not qualify for other home loan programs because of their student loan debt. Lenders are less stringent about ...

FHA loans are available to any borrower who meets the eligibility criteria, while VA loans are available only to active-duty ...

A private mortgage lender is usually a private or public company or individual that offers mortgage loans secured by real ...

Private mortgage lenders are individuals or companies that offer real estate-secured loans outside traditional banks. They use their own funds or investor capital and offer flexible terms for ...