Ins, Outs, Pros and Cons of Zero Down Payment Mortgages
A mortgage with no down payment seems a little bit like scoring a buy-a-home lottery ticket. You get a home loan and keep more money in your pocket. What could…
Hal M. Bundrick, CFP
Hal M. Bundrick is a personal finance writer for NerdWallet. He is a certified financial planner and former financial consultant and senior investment specialist for Wall Street firms. Hal advised families, business owners, nonprofits, and trusts, as well as managed group employee retirement plans in the South and Midwest. Since hanging up (burning) his suits and ties, Hal now works to make money matters understandable and jargon-free. He enjoys aimless travel and – since he lives in the South – air conditioning.
Posts by Hal M. Bundrick, CFP:
Will My Credit Score Allow Me to Buy a Home?
Credit scores are critical to the home buying process. Not only does your FICO score determine if you can qualify for a loan in the first place, but it it…
Title Insurance: What It Is and Why You (Probably) Need It
Title insurance: It’s another one of those mysterious fees buried inside the pile of paperwork you’ll receive at your loan closing. Who knows what it’s all about? All you’ve figured out…
Mortgage Rates Monday, Sept. 11: Higher After Hurricane Irma
Mortgage rates on 30-year and 15-year fixed home loans, as well as 5/1 ARMs, moved higher today, according to a NerdWallet survey of daily mortgage rates published by national lenders…
Home Equity Explained: What It Is and Why It Matters
It is often said that homeownership builds wealth. So, what is home equity, and how can it enhance your net worth? What is home equity? Building home equity is a…
Differences Between Conforming Loans and Nonconforming
This will be a little peek into the inner workings of a home loan. It’s kind of like looking under the hood of a car. Lots of belts, hoses, metal…
How to Lower Your Monthly Mortgage Payment
Money is tight, and you’re looking for expenses to cut. Your mortgage payment is the biggest bite out of your paycheck, so that seems like the logical place to start.…
Guild Mortgage Review 2017
San Diego-based Guild Mortgage grew its business one neighborhood at a time, originally offering loans for homes built by the American Housing Guild. Founded in 1960, through its earliest years…
Flagstar Bank Mortgage Review 2017
If you live outside of the north-central U.S., you may never have heard of Flagstar Bank. But the Troy, Michigan-based savings bank originates home loans in all 50 states and…
AmeriSave Mortgage Review 2017
Getting a home loan from AmeriSave Mortgage will most likely begin with a phone call. About 80% of AmeriSave’s business is conducted via a call center, according to Barbara Johnson,…
