by Summit Mortgage Corporation | Jan 19, 2018 | debt-to-income ratio, Fannie Mae, home buying, Home Buying Process, home loans, Mortgage Myths, Oregon, student loan debt, student loans, Washington
Mortgage Myth: “College was expensive and, as a result, I have a lot of student loan debt. There’s no way that I’ll be able to buy a home in the near future!” If you have student loan debt, you’re not alone. In fact, you’re in the good company of over 40 million...
by Summit Mortgage Corporation | Aug 23, 2017 | affordable housing, Fannie Mae, Federal Housing Finance Agency, FHFA, Freddie Mac, HARP, Home Affordable Refinance Program, loan-to-value ratio, mortgage, Mortgage Industry News, Oregon, Portland, refinancing, Spokane, Vancouver, Washington
Last week, the Federal Housing Finance Agency (FHFA) announced that it’s extending the Home Affordable Refinance Program (HARP) through December 31, 2018! This is great news for eligible borrowers. HARP helps homeowners who have little equity in their home, or...