About
Mortgage Ape is a mortgage news, rates, and informative website designed to answer all your questions about purchasing or refinancing a home. If you have any questions about getting a new home loan or refinancing an existing mortgage, let us help you find a qualified local mortgage broker. … [Read More...]
Mortgage Blog
5 Time Saving Tips to Find the Best Mortgage Deal
Your ready! The time has come, your savings for the down payment, check, credit score is healthy, and your search for the perfect house is complete. Now you have to figure out the hard stuff, but you saved and kept your credit healthy, thats the hard stuff. This is a common feeling for many homeowners [...]
Teaching Veterans About VA Loans
Veterans of our armed forces should be honored for their service and one way that the government does that is by offering them their own kind of mortgage. Its called a veteran’s assistance, or VA loan, and it is a good loan that many veterans often overlook having access to. A VA loan is available [...]
Mortgage Glossary
203b(b): A single family program through the FHA that protects lenders against the possibility of the lender defaulting. It can be used to finance the purchase of both new or existing one to four family housing units. 203(b) loans are famous for their low down payment, limited fees, limits on maximum loan amount, and flexible [...]
Home Buying
Homeowners Insurance: Do I need it and if so, Why?
Homeowners insurance is one of those things that you should always have. It protects your home and belongings if tragedy strikes. Even some renters are required to maintain insurance on a property. But the truth is most lenders require it on a … [Read More...]
Home Buying Articles
Mortgage Rates
Fixed Rate vs. ARM: Which One Is Right For You?
One of the most common questions that many borrowers have is whether or not they should go with a fixed rate mortgage or an ARM. An ARM is the abbreviation for an adjustable rate mortgage. Typically, an adjustable rate mortgage is one that starts … [Read More...]
Mortgage Rates Articles
Featured
The Top 10 Websites to Help You Check the Value of My Home
It’s probably the question everyone wants to know, how much is my home currently worth? With recent struggles in real estate values and buying or selling your single largest purchase, for some, we gathered a list of online resources for … [Read More...]