The Home Mortgage Pro

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How do biweekly mortgage payments work?

by<p>What are biweekly payments and why do people choose them?<p>Biweekly payments are half mortgage payments made every two weeks. They are a subtle way …

Which documents will I need to get a mortgage?

by<p>The documents required for a mortgage will vary by employment type:<p><b>Employed borrowers:</b><p>Two most recent years of W-2 forms<br>• Two most recent years of …

How much down payment do I need to buy a house?

by<p>Down payment options for purchasing a new home vary by loan program. Here's an overview of the most popular mortgage types and their minimum down …

How do I cancel my mortgage insurance?

by<p>Mortgage insurance allows some people to purchase or refinance a home with less than 20% down payment or equity. While it provides a service and …

What is mortgage insurance and why do I have to pay it?

by<p>Let's start with the basics - what is mortgage insurance?<p>Many homeowners feel mortgage insurance is imposed on them by banks for no reason and they …

What is a good debt-to-income ratio?

by<p>I'll answer that question at the end of this post. I think it is important to cover the basics first.<p>What is a debt-to-income ratio?<p>Debt-to-income …