Homeowners

A resource destination for potential homebuyers seeking to educate themselves on the mortgage process so they can make more informed buying decisions.

ARTICLES

  • IRS: Interest paid on home equity loans is still deductible under new tax plan

    But not in every case
    The country’s new tax laws, ushered in by President Donald Trump and his Republican counterparts late last year, will bring many changes to the mortgage industry. Namely, the plan reduces the available mortgage interest deduction from $1 million to $750,000. But what’s the impact of the tax plan on home equity loans, home equity lines of credit, and second mortgages? The IRS has answers.
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  • Airbnb hosts can now use income in refinance mortgage apps

    Fannie Mae, Quicken Loans and other lenders join partnership
    Airbnb announced today it is partnering with some of the largest U.S. lenders to allow host income to be used in mortgage applications. The company partnered with Fannie Mae, Quicken Loans, Better Mortgage and Citizens Bank in its latest initiative to consider home-sharing as a tool for earning extra income when it comes to refinancing a home.
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  • Neptune Flood secures $2 million in seed financing round

    Flood insurance provider planning expansion
    Flood insurance provider Neptune Flood has secured more than $2 million in seed round funding. The investment was led by Trevor Burgess, founder and former CEO of C1 Bank, with participation from existing investor and Neptune’s CEO and co-founder, Jim Albert.
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  • Churchill Mortgage launches certified homebuyer program

    Enables borrowers to get ahead of other buyers
    “Churchill’s Certified Homebuyer Program was designed to help our borrowers get a head start on securing funding so they are positioned to present offers that are already pre-approved and pre-underwritten – increasing their odds of having their offer selected," Churchill Mortgage President Mike Hardwick said.
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  • Jamie Dimon: Chase will soon offer digital mortgages on smartphones

    All credit extended is "super-prime"
    Speaking to CNBC, Jamie Dimon said the bank plans to offer an all-digital mortgage to its customers this year. Dimon added that consumers are “in very good shape,” adding that all the credit “extended in the United States,” is super-prime quality, and that includes mortgages. Click here to watch the full interview.
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  • New homes sales at highest level in a decade

    When will housing contribute to GDP?
    While this is good news for the market, there may be a bigger, better knock-on effect for the national economy if this keeps up. Read more for the latest indicators and where housing stands as part of the greater national economy.
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