Loan Programs and Information Archives | Page 5 of 14 | The Richard Woodward Team Nexa Mortgage

RefiNow™ Explained! Lower Your Mortgage Payment

RefiNow ™. A new way to refinance your home loan. It’s Easy! RefiNow™ is an affordable refinance option for homeowners who are interested in reducing their monthly housing costs by taking advantage of today’s low-interest rates. Available to borrowers at or below 80% of the area median income with debt-to-income ratios up to 65%, RefiNow…

8 Things to Know About Selling Your House Before or After Divorce There are many things to consider and decisions to make when going through a divorce process. One of them is figuring out what to do about the house. In some cases, one of the partners keeps the house; however, this can become an…

Bridge Loans | How to Buy Your Next Home Using a Bridge Loan without selling first. A bridge loan is often used in real estate transactions to provide cash flow during a transitional period, such as while moving from your current residence into your new home. Homeowners can use these short-term loans, which can help…

If you’ve got a home renovation project in mind, then you are probably thinking of ways that you can afford it. If it is a major project that has the potential to improve the value of your home, then a home renovation loan may be right for you. Continue reading to learn more about considerations…

What are the benefits of a reverse mortgage

Here are six beneficial reasons to use a reverse mortgage. A reverse mortgage is a loan that allows homeowners over 62 to borrow money from the equity in their home. It can be used for anything, but it’s most commonly used as a retirement planning or income resource. The new guidelines for reverse mortgages make…

Are you concerned about rising mortgage rates? It’s a question many people are pondering as they try to decide whether now is the time for them to buy a home. Mortgage rates are still low, but if you wait until rates go up, then it will cost more money. Basically, for every 1% increase in…

Important Questions to Ask a Realtor When Shopping for a Home Shopping for a home is potentially a nerve-wracking experience. Viewing home after home can be draining and time-consuming, which means as the future owner of a new home, it’s time to make the process easier. A seasoned realtor will know all the ins and…

Comparing Stunning Home Remodeling Projects by Highest ROI Consistent home remodeling is important for a number of reasons. For instance, it can help you enjoy increased comfort, safety, and functionality in your home. However, at the top of the list for most homeowners is keeping the home up-to-date in the eyes of home buyers and…

What Is a Home Warranty, and Is It Worth It? Owning a home can be expensive. Appliances and other items break down regularly, and they usually aren’t cheap to fix. You can offset the cost by getting a warranty. Home warranty companies offer an assortment of service contracts for homeowners. If you purchase a contract,…

Want to get more out of your home sale? Invest in these home improvement projects! Thinking about selling your home in the near future? If you’re still a few months out, you’re in the perfect position to make some value-adding renovations and upgrades. Whether it’s remodeling your kitchen or making essential repairs, now’s the time…