Buy
Sell
Mortgage
Advice
For Pros
- Real Estate Agents
  Verified referrals from buyers and sellers.
  Join Real Estate Agents
- Loan Officers
  Connect with motivated buyers and agents.
  Join Loan Officers
- Service Professionals
  Movers, inspectors, contractors, and more.
  Join Service Professionals
Company

Join Our Network

Advice Topic:
Home Loans

Ask An Agent

Get answers from licensed real estate agents on buying, selling, loans, appraisals, contracts, and market trends.

Post a Question

Home Loans

78 questions found

Advice Topics:

State:

Sort By:

Will interest rates go down?

Do you think interest rates will go down anytime soon?

6 Answers

How can I eventually remove Private Mortgage Insurance (PMI) from my monthly payment?

I am planning to buy a home with a ten percent down payment, which means I will have to pay for PMI every month. I understand that this insurance protects the lender, but I want to know the process for getting rid of it once I reach twenty percent equity in the property. Do I need to pay for a new appraisal to prove the home value has increased, or does the lender automatically cancel it once the loan balance drops to a certain level according to the original schedule?

7 Answers

How long do I need to wait to apply for a mortgage after a bankruptcy discharge?

I had to file for bankruptcy a little over a year ago due to some unexpected medical bills, but I am finally back on my feet and have a stable job. I am hoping to move, but worried about being rejected by lenders. I'd like to know if there is a standard waiting period for FHA or conventional loans and if there are specific steps I should take to prove financial stability in the meantime.

13 Answers

How do I calculate the break-even point when deciding whether to pay mortgage points?

My husband and I are first-time homebuyers in Denver and we're comparing two different loan estimates from our credit union. One option has a lower interest rate with one point charged upfront, while the other has a slightly higher rate with no points. We want to understand how long we would need to live in the home for the lower monthly payment to actually offset the extra cost we pay at the start.

9 Answers

how do I know when I am pre-approved?

thinking of buying but I don't know if I'm pre-approved. How do i know?

2 Answers

I'm looking to at a home equity loan i have a low credit score and just got out of a chapter 13

Can anyone help me? i own my home clear an free. I need about 30000

8 Answers

Can I still qualify for a refinance if I had a 30-day late mortgage payment recently?

I had a bit of a financial crunch a few months ago and ended up being about 35 days late on my mortgage payment for the first time in five years. Now that my situation has stabilized, I am looking to lower my interest rate, but I am worried that this one blemish will disqualify me from the best rates. I've heard that most lenders require a clean payment history for at least twelve months before they will consider an application. Is there any flexibility for homeowners who have otherwise perfect credit and significant equity in their property?

12 Answers

How can I eventually remove Private Mortgage Insurance (PMI) from my loan without refinancing?

I bought my home a few years ago with a low down payment, and my monthly PMI payment is quite high. I’ve noticed that home values in my neighborhood have increased significantly recently, and I’ve been making extra payments toward my principal. I’m looking for the standard steps to request a cancellation from my lender once I reach that 20% equity mark, especially if I don't want to go through the cost of a full refinance.

Asked by Elizabeth | 07-08-2026 | 321 Views | Home Loans | Updated 3 months ago

12 Answers

Should I put more money toward my down payment or use it to buy down my mortgage interest rate?

I have a set amount of cash saved up for my home purchase in the Pacific Northwest. I am trying to decide if it is more beneficial in the long run to have a smaller loan balance by increasing my down payment or to pay points at closing to secure a lower interest rate for the life of the loan. I am looking for a general way to calculate the break-even point to see which option provides more value over a ten-year period.

Asked by Olga | 07-08-2026 | 395 Views | Home Loans | Updated 3 months ago

11 Answers

What is the actual difference between being pre-qualified and having a formal pre-approval letter?

We just started our home search in North Carolina and our real estate agent mentioned we need a pre-approval letter before we can even start touring properties. I already did a quick online pre-qualification with a major bank, but I'm not sure if that's enough to make a serious offer in a competitive market. Does the pre-approval process involve a deeper look into my financial history like tax returns and pay stubs?

Asked by Jakob | 07-07-2026 | 66 Views | Home Loans | Updated 3 months ago

9 Answers

Related Blogs

Average Real Estate Commission by State (2026 Survey Data)

Advice Topic:
Home Loans

Ask An Agent

Home Loans

Will interest rates go down?

How can I eventually remove Private Mortgage Insurance (PMI) from my monthly payment?

How long do I need to wait to apply for a mortgage after a bankruptcy discharge?

How do I calculate the break-even point when deciding whether to pay mortgage points?

how do I know when I am pre-approved?

I'm looking to at a home equity loan i have a low credit score and just got out of a chapter 13

Can I still qualify for a refinance if I had a 30-day late mortgage payment recently?

How can I eventually remove Private Mortgage Insurance (PMI) from my loan without refinancing?

Should I put more money toward my down payment or use it to buy down my mortgage interest rate?

What is the actual difference between being pre-qualified and having a formal pre-approval letter?

Related Blogs

Average Real Estate Commission by State (2026 Survey Data)

Growing Your Rental Portfolio? Build These Systems First

How to Buy a Multigenerational Home That Actually Works for Your Family

Contributing Real Estate Professionals

Zoltan Peresztegi

Keith Jean Pierre

Juan Picos

Michael Atkinson

Loodmy Jacques

Kevin Neely

Amanda Courtney

Jonathan Claudio

Alla Novytska

Barrett Henry

Austin Moore

Becky Groe

Advice Topic: Home Loans

Ask An Agent

Home Loans

Related Blogs

Average Real Estate Commission by State (2026 Survey Data)

Growing Your Rental Portfolio? Build These Systems First

How to Buy a Multigenerational Home That Actually Works for Your Family

Contributing Real Estate Professionals

Zoltan Peresztegi

Keith Jean Pierre

Juan Picos

Michael Atkinson

Loodmy Jacques

Kevin Neely

Amanda Courtney

Jonathan Claudio

Alla Novytska

Barrett Henry

Austin Moore

Becky Groe

Advice Topic:
Home Loans