Mortgage Information

HomeReady Mortgage Program Changes

The HomeReady mortgage program is a special program through Fannie Mae for low to moderate income families. Fannie Mae recently announced some changes to this program that may allow more home buyers Read More >

Funding for USDA Home Loans Running Out

USDA Home Loans are offered in rural and semi-rural areas. There's a misconception that USDA loans are only for farmers. In fact, they are used by many single-family home buyers who are not farmers Read More >

MIP Refund For FHA Refinances

If you have an FHA loan and are refinancing it with another FHA loan, it may be possible to get a partial refund on the MIP that you previously paid. The amount depends on how long you have had the Read More >

The Perfect Loan File

Forbes recently published an article about the perfect loan file and industry misconceptions. What is the real cause of consumers having difficulty getting loans? The answer may be surprising. Read More >

The 15th Of September 2015 Changes To FHA Home Loan Qualification Criteria | MA FHA Home Loans

One of the most used home loan programs is FHA. The 15th of September 2015 changes to FHA home loan qualification criteria include some critical changes. Here are some details. Interpretation of Read More >

NH & MA Home Buyer Grant | NHF Platinum Program

Sierra Pacific Mortgage has partnered with the National Homebuyer Fund (NHF Platinum Program) to offer a new program for New Hampshire and Massachusetts home buyers. This program provides grants Read More >

An Overview Of New Construction Home Loans | MA New Construction

New construction home loans are not normally necessary when buying a home directly from a builder. Builders often cover the building phase and enable you to close on a normal home loan after Read More >

2015 Revised Mortgage Disclosure Documents

You normally get several disclosure forms when trying ot obtain a mortgage. It is easy to get overwhelmed. Each of these was established by different legislation and at different times. In many cases, Read More >

Mortgage Rates On The Rise In 2015 – Tips For Real Estate Consumers In MA

Mortgage rates have increased this year. According to many experts, it is likely to rise further during 2015. This is important news for prospective buyers. Mortgage rates on the rise in 2015 and tips Read More >

How To Cover The Cost Of Property Additions In MA

Property additions are a common alternative to buying a bigger house. With renovations, you may customize and ensure it matches your personal requirements. How to cover the cost of property additions Read More >