Important Information for Homebuyers! Welcome Home Program The Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) offers grants of up to $7,500 for honorably discharged veterans and active duty military homebuyers and up to $5,000 for all other homebuyers to … Continue reading →
DNB First shared a link to an article today about “why you should make an extra mortgage payment” and it made me wonder, how many people have been able to pay off their mortgage early?
Since 2012, many consumers across the United States took advantage of low rates and refinanced their high rate mortgages, lowering monthly payments and freeing up cash for other purposes. If you happen to be one of the approximately 20 million … Continue reading →
Reminds me of an earlier post here. Another topic your community wealth adviser can help you with!
In early January 2014, a change will be made to allowable debt to income for qualified mortgages under Dodd-Frank. “Home loan seekers need to know that the allowable debt-to-income (DTI) ratio for a qualified mortgage under Dodd-Frank come January will … Continue reading →
Community Banker News and Views