Browsing: Hard Money Loans

Key takeaways A fixed-rate mortgage carries the same interest rate and monthly payment for the life of the loan. An…

Hispanolistic/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Millennials continue to believe that owning a home is a key part…

Key takeaways Foreclosure occurs when a homeowner stops paying their mortgage for an extended period — typically 120 days following…

Key takeaways A mortgage prequalification lets potential homebuyers know how big of a loan they can qualify for. Prequalification is…

Key takeaways Tapping into home equity carries several risks, including putting the property at risk, the potential to fall into…

KenWiedemann/Getty Images Key takeaways HomeReady mortgages are a type of conventional loan backed by Fannie Mae for lower-income borrowers. The…

Jacob Wackerhausen/Getty Images Key takeaways Mortgage lenders specialize in real estate financing and can be a good option for applicants…

Photography by Getty Images; Illustration by Bankrate Key takeaways When you make biweekly mortgage payments, you pay your loan every…

MoMo Productions/Getty Images; Illustration by Austin Courrege/Bankrate Key takeaways Mortgage lenders typically evaluate a borrower’s creditworthiness using FICO Scores 2,…

Key takeaways As an heir, you have several options, such as moving into the home and assuming the mortgage, buying…