News

For many homeowners, the house they live in is more than just a place to come home to—it’s a powerful financial asset. With rising home values across the country, many people now have more equity in ...
Rocket Mortgage (formerly Quicken Loans) is the largest home lender in America, both in terms of dollars lent and number of ...
To qualify for a cash-out refinance, most lenders require: A credit score of 620 or higher (680+ for lowest rates) Up to 20% equity remaining after the refinance A debt-to-income ratio below 43% ...
Key takeaways Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while ...
The bottom line A $100,000 home equity loan, for many homeowners, could be preferable to a $100,000 cash-out refinance right now. But a loan isn't the only way to borrow equity.
Milliman, a global consulting and actuarial firm, released its latest Mortgage Default Index (MMDI) for the first quarter of ...
CNBC Select reviews Finance of America, a leader in the reverse mortgage market with a wide assortment of options.
SoFi reports that FHA loans are ideal for first-time buyers with lower credit scores and smaller down payments, though they ...
They can get cash out using our DSCR second and keep that first lien intact. There are 19 million investment properties in the U.S currently.
Higher fees than some competitors Nitty Gritty: CrossCountry Mortgage is a good choice for a variety of non-QM loan types. It offers loans based on bank statements, 1099s and qualifying assets.