Bringing homeownership to you in the State of Idaho, QHL makes it simple by providing more ways to say yes! Learn more about Idaho’s housing market and how QHL can help you become a homeowner today. Idaho has seen a vast number of new residents migrating from other states all around the US and is …
When you apply for most traditional mortgages, you’ll hand the lender a stack of documents to prove your financial health and show you can repay the loan. If your income is hard to document, a No Doc loan might appeal to you. No Doc loans, as the name implies, require little to no documentation from …
Getting the right mortgage can make all the difference when buying a home. But with so many lenders and loan products available, finding the best loan option can be daunting. That’s where an independent mortgage broker comes in. An independent mortgage broker is a licensed professional who acts as an intermediary between borrowers and lenders. …
Program Benefits Rate is fixed for the first 10 years Loan amounts up to $2.0M Get cash out with a low rate Available for second homes and investment properties Requires full doc income verification (pay stubs, or tax returns) Sample Scenarios* (The following scenarios assume 780+ FICO, Full Doc, 6-12 months reserve funds. Rates are …
There are two types of mortgage refinance: rate-term refinance and cash-out refinance. No cash allows you to adjust just the terms of your home loan. Cash-out refinancing lets you change terms while allowing you to turn home equity into cash. Here’s an overview on how a cash-out refinance works and some of the perks of …