Mortgages Articles
Infographic: Dance your way to a successful reverse mortgage
An infographic showing what steps you need to take to be successful with your reverse mortgage, if you are at least 62 and have sufficient equity in your home.
Read moreLearn how much time a lender must allow from default to a foreclosure auction. In some states the default-to-foreclosure time is as little as 60 days, but in...
Read moreMortgage Tips - Getting Qualified for a Mortgage
Bills.com mortgage tips will help guide you through the shopping process. The first step is to get qualified for a mortgage. You can save the most money...
Read moreMortgage Refinance Opportunities 2015
With currently low mortgage rates, but expectations of a mild increase in mortgage rates and slightly higher home prices, now is a great time to check if you...
Read moreShopping for a Mortgage Tips: Get the Best Mortgage Terms
Getting mortgage quotes is easier than ever. Check out Bills.com mortgage tips on how to get the best mortgage to fit your financial situation.
Read moreReverse Mortgage Video with free tips on the reverse mortgage process and what you NEED to know, from Bills.com
Read moreA growing family is a great time to re-consider your housing needs. The first step you need to take is to set your limits. Make sure that your mortgage is...
Read moreBad Credit Mortgage Refinancing
Bad Credit Mortgage Refinancing | Do you want to refinance and get a lower interest rate or lower monthly payment? Bad credit refinancing now or later? Learn...
Read moreAvoid second mortgage home loan scams with these tips and advice from Bills.com - your one stop resource for saving money.
Read moreOne great reason to refinance is to save money and lower your costs. You may be able to qualify for a lower rate or eliminate mortgage insurance, if you...
Read moreShould I Take a Fixed Rate or Adjustable Rate Mortgage
Which is your best choice, a Fixed Rate or Adjustable Rate Mortgage? You can save a lot of money with an adjustable rate mortgage, but make sure that you...
Read moreAny heirs to real property take the property subject to its encumbrances, including a reverse mortgage.
Read moreInfographic: Home appreciation by the numbers
An infographic showing home appreciation in the US by state, the national median home price, YoY increase in home prices and some foreclosure statistics
Read moreCalifornia Mortgage Foreclosure Process
Learn the process for foreclosing on property in California, including the timing on a NOD, and a Notice of Trustee's Sale. A foreclosure can take 200 to...
Read moreProtecting Tenants at Foreclosure
Under common law, a landlord's foreclosure terminated a tenant's lease. This rule changed in 2009 with the 'Protecting Tenants at Foreclosure Act,' which...
Read moreReverse Mortgage Rules | Changes in 2013
Reverse Mortgage Rules | The FHA insured reverse mortgage program is losing money. Learn about proposed mortgage rules for 2013 and how they will help...
Read moreHECM Loan | Changes in Loan Amounts - 2013
Starting September 30, 2013 the HECM loan will not look the same. New rules include changes in the overall amount of loan you can borrow and the amount you...
Read moreFHA Loan After Foreclosure and other Economic Hardship
Looking to buy a home and take a FHA loan after a foreclosure, short sale, deed-in-lieu, or bankruptcy? The FHA introduced a shorter waiting period, if you...
Read moreWhat to Do when Mortgage Rates are Going Up
Mortgage Rates Going Up? Mortgage rates are continually changing. After hitting record lows in 2012, mortgage rates are increasing in mid-2013. Make sure...
Read moreWells Fargo Mortgage Modification and Foreclosure Prevention
Wells Fargo Modification is just one of many foreclosure alternatives. If you also have a second mortgage, then...
Read moreHome Affordability | Regional HOI Index
Home Affordability varies over different regions and neighborhoods. Make sure that you look at local data and prepare your finances so that your income...
Read moreBefore buying a home and taking a mortgage learn about Home Affordability. Housing prices, income, and interest rates are important factors to consider when...
Read moreFHFA Streamline Modification: A HAMP Alternative
The FHFA Streamline Modification is available for Freddie Mac and Fannie Mae loan. You must be delinquent at least 90+ days, but you don't have to prove...
Read moreFHA Mortgage Insurance - Changes in 2013
Changes in FHA Mortgage Insurance in 2013 will cause FHA loans, popular for first time buyers and borrowers with low credit scores, to be more expensive.
Read moreHARP 2.5? The Boxer-Menendez Refinance Bill
Boxer-Menendez Refinance Bill | Senators Boxer and Menendez introduced for the third time their Refinance bill to improve the HARP program; however, it still...
Read moreRAHPP | Sen. Merkley's 4% Mortgage Pilot Program
Rebuilding American Homeownership Pilot Program | Is this the start of HARP 3? The results of the pilot will help determine if Sen. Merkley can push through...
Read moreReverse mortgages don't disappear when homeowners die, but heirs nor estates must repay the loans. If you consider a reverse mortgage, learn 3 alternatives...
Read moreHome Affordability: Preparing for the 2013 Housing Market
Housing Market 2013 and Home Affordability: There are signs that housing prices and mortgage rates will increase in 2013. Make sure that you can afford...
Read moreReverse Mortgage Counseling | A Necessary Step
Reverse Mortgage Counseling | Reverse mortgages require a counseling session (all HUD backed ones). Counselors are not financial planners, so make sure that...
Read moreHow Does A Reverse Mortgage Work?
How a Reverse Mortgage Works | Learn about the differences between a regular mortgage and a reverse mortgage. A reverse mortgage can work for you, but...
Read moreReverse Mortgage | Pros and Cons
Reverse Mortgage Cons | Reverse Mortgages are complicated. Avoid trouble by understanding how they work. By learning about the disadvantages you can avoid...
Read moreThe VA, USDA, and some local governments offer no-down mortgages. If you do not qualify, you have several good options for low-down mortgages from...
Read moreFHA Loan Limits 2013 | FHA loan limits remain, for most areas, the same as for 2012. FHA loans are a popular choice for homebuyers and with low...
Read moreMortgage Forgiveness Debt Relief Act Expires
The expiring of the Mortgage Forgiveness Debt Relief Act does not necessarily mean borrowers who had a short sale or foreclosure will face a large income tax...
Read moreLearn About Reverse Mortgage Complaints
Reverse Mortgage Complaints | High pressure and false advertising lead some borrowers to take reverse mortgages. Make sure that a reverse mortgage is a good...
Read moreIt's easy to find reverse mortgage lenders. It's harder to find a good deal. Learn which fees reverse mortgage lenders can waive, and which are fixed...
Read moreA reverse mortgage unlocks equity. Learn reverse mortgage qualifications for FHA HECM loans...
Read moreHousing Recovery and the FHA Bailout
FHA Bailout and Getting a Mortgage | A FHA bailout could potentially hurt a housing recovery by making it harder to get FHA loans. Learn about the importance...
Read moreDetails on joint tenancy, tenancy in common, and tenancy by the entirety, and under what circumstances you should chose one of these forms of title...
Read moreHARP 2 Mortgage | Keeping Updated
HARP 2 Mortgage Updates | The HARP 2 mortgage has stepped up helping more borrowers, with high LTVs. However, you need to shop around to find the best HARP 2...
Read moreWhat to Know About ARM Refinance
Refinancing your ARM? Whether you should depends on your answers to eight questions about your existing loan and finances. The Bills.com ARM refi calculator...
Read moreReverse Mortgage Scams can be very costly. Get tips on how to recognize scams and learn how to avoid them. Make sure you learn about a reverse mortgage and...
Read moreWhat is A Reverse Mortgage | A Complex Financial Tool
What is a Reverse Mortgage? | A reverse mortgage is a complex financial tool for people over 62 who have equity in their homes. Be very careful to avoid..
Read moreRefinance Underwater Mortgage | Understand your options for refinancing if you owe more on a home than it is worth. Be sure to look at a HARP loan and an FHA...
Read moreReverse Mortgages | Learn and Go Slow
Reverse Mortgages- Learn, Prepare, Go Slow | Reverse mortgages are complex and hard to understand. Learn how the loan works, and guard against the dangers...
Read moreHARP 2 and LTV | Although under the HARP 2 program there is unlimited LTV, many lenders have tighter rules. According to the FHFA August 2012 report, more...
Read moreThere are three reasons to consider a joint mortgage, and five reasons for one spouse on a mortgage. This Bills.com article explores the...
Read morePre-Approval and Pre-Qualify for a Mortgage Loan
Mortgage Pre-Qualification and Pre-Approval | Before you purchase a home or refinance a mortgage make sure you are prepared to qualify. Ask the lender for a...
Read moreClosing Costs for Refinance Loan
Refinance Closing Costs | Understanding all the closing costs in your refinance loan can be very confusing. You have to be sure to look at the GFE and to...
Read moreHARP 3 - Will Congress Expand the Program?
HARP 3 Expansion | There are a large number of borrowers who don't qualify for the HARP program. Congress is reviewing a number of proposals to expand HARP 3...
Read more