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How Fannie Mae’s New Credit Score Rule Affects You

How Fannie Mae’s New Credit Score Rule Affects You

Fannie Mae recently announced a major shift with a new credit score rule that will make it easier for co-borrowers from dual-income households to be eligible to buy or refinance their home. Here is a breakdown of the new change and how it can impact your dream of owning a home!

Get A Smooth Refinance in 5 Easy Steps

Get A Smooth Refinance in 5 Easy Steps

From locking in a lower rate to lowering your monthly payments to shortening your loan term, there are many reasons to consider refinancing your mortgage. Whatever your reason is for refinancing your mortgage, we know it can be an overwhelming process. Here are 5 steps to follow to ensure a smooth refinance!

4 Signs It’s Time to Refinance Your Mortgage

4 Signs It’s Time to Refinance Your Mortgage

With rates still near historic lows, now is a good time to talk to a mortgage professional to discuss your home ownership goals. In fact, refinancing is booming right now with requests for refinances making up 64 percent of total mortgage applications the first full week of July, according to the Mortgage Banker’s Association. Here are four signs it might be time for you to consider refinancing your mortgage!

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Equal Housing Lender LogoALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org)
Licensed in AL, CO, DC, FL, GA, KY, MD, NC, OH, PA, SC, TN, TX, VA, WV | 308 Market St SE, Roanoke, VA 24011

 

 

 

 

 

 

 

 

 

 

Equal Housing Lender LogoALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org)
Licensed in AL, CO, DC, FL, GA, KY, MD, NC, OH, PA, SC, TN, TX, VA, WV | 308 Market St SE, Roanoke, VA 24011