Home Financing

Learn the procedures of financing your home, calculating your mortgage payments, refinancing and more. Find out what you can afford, home loans, insurance, equity, how to pay your mortgage off early and more! Buying your own home can be very exciting, yet stressful. Take off some of the stress of buying a home by learning how your mortgage works, tips on saving money and budgeting your payments.

What Is the Definition of Mortgage Fraud?

To understand the definition of mortgage fraud, one has to understand the numerous parties and documents required to apply for a mortgage. Fraud is broadly defined as an intentional deception made for personal gain. Fannie Mae mortgage fraud may involve one or more parties including lenders.

Alternatives to Reverse Mortgages

If you are considering a reverse mortgage, alternatives to reverse mortgages include: equity lines of credit, refinancing or selling the home, deferred payment loans, property tax deferrals that are often available through the state. Understand your alternatives before accepting a reverse mortgage.