Your search for returned 669 results.
January 31, 2024
Some forms of debt can help improve your financial situation in the long run, while others may not be the best investment.
At Waterstone Mortgage, we know that a home purchase is often the largest investment you will make in your lifetime. Our team works together to deliver the best mortgage experience possible. We will be there for you every step of the way, offering re
February 01, 2024
As our Senior Product Specialist, Margaret is a worthy recipient of this award, which honors a Waterstone Mortgage team member who exudes purpose, authenticity, enthusiasm, and positivity.
No purchase, payment, or referral of any kind is necessary to enter to win. This promotion is sponsored by Waterstone Mortgage Corporation. ELIGIBILITY: This contest is open to individuals 18 years of age or older. Employees of Waterstone Mortga
No purchase, payment, or referral of any kind is necessary to enter to win. This promotion is sponsored by Waterstone Mortgage Corporation. ELIGIBILITY: This contest is open to individuals 18 years of age or older. Employees of Waterstone Mortga
March 06, 2023
The Wealth Building Loan was designed to help eligible homebuyers build equity quickly.
mortgage loan financing for investment properties There's no doubt that investing in real estate can be a great way to build long-term assets and generate rental income. But what’s the best way to finance your investment property deals? If you&
February 28, 2019
Odds are, if you have a college degree you have student loan debt that comes along with it. In fact, 70% of college students graduate with student loan debt. One-fourth of all American adults are currently paying off student loans. That may sound int
December 25, 2018
Which credit score is used for a mortgage? We’re glad you asked. It all starts with your FICO score. You may actually have up to three of these – one from each of the major credit bureaus (Equifax, Experian, and Transunion). You might see
June 12, 2023
When you apply for a mortgage, lenders consider your credit score – which is determined by these five categories.
what is an FHA loan? FHA loans are insured by the Federal Housing Administration, which allows lenders to offer mortgage financing to more homebuyers — ones who may not meet the qualifications of conventional loan programs. Because the governme
Many down payment assistance (DPA) programs are offered on a state-by-state basis. However, the National Homebuyers Fund DPA program can be used with FHA loans nearly nationwide. This program offers 3.5% in assistance — the exact down payment a
October 14, 2021
Homeowners insurance protects your home, while private mortgage insurance (PMI) protects your mortgage lender from the effects of loan default.
February 01, 2018
Private mortgage insurance is often required for mortgage loans with less than 20% down.
August 20, 2020
Homeowners insurance protects you and your home in the event of an accident.
February 26, 2018
Private mortgage insurance (PMI) is expensive, and if you bought your home with a down payment of less than 20%, your mortgage lender may have required to you pay monthly PMI payments (the same if you refinanced your home with less than 20% equity).
July 13, 2021
Your DTI ratio compares your monthly debts from bills against your gross monthly income to see how your money is balanced.
what is down payment assistance? Down payment assistance programs are put in place to help eligible homebuyers provide funds for their down payment on a new home or closing costs. These are often state-specific.
We are proud to offer the Freddie Mac BorrowSmart Access℠ program, helping make homeownership more affordable for eligible homebuyers. With this program, homebuyers can receive up to $3,000 in down payment and/or closing cost assistance.
what is a conventional loan? Conventional loans are often referred to as “conforming loans” because they meet the guidelines set by Freddie Mac and Fannie Mae. The most notable guideline is that the maximum loan amount for a single-unit p
February 02, 2024
Waterstone Mortgage offers a variety of loan options for those with no credit history.