If you’ve been listening to the radio lately, you may have heard that we’re always shocked to hear that mortgage companies charge their customers hundreds of dollars just to apply for a loan. At Trustline Mortgage, we don’t need to trap or trick our customers, because our low rates, excellent service […]

Filed under: Loans & Mortgages by 3lyk_trus Thursday, October 3rd, 2013
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As the economy continues to improve, it seems very likely that mortgage interest rates will start rising after hitting historic lows. What this means is that there has never been a better time for you to either originate a new mortgage or refinance your existing one if you want to take advantage of current interest […]

Filed under: Loans & Mortgages by 3lyk_trus Tuesday, June 4th, 2013
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If you have a loan through the Federal Housing Administration (FHA), and are looking to refinance into a better rate, you may be in luck! A mortgage refinance product called the FHA Streamline Refinance exists to help homeowners with an FHA loan. In case you’re wondering, Dan Green of themortgagereports.com says the FHA Streamline Refinance […]

Filed under: Loans & Mortgages by 3lyk_trus Wednesday, March 6th, 2013
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In case you’re wondering when a mortgage is considered underwater, according to Investopedia.com, it is “a home purchase loan with a higher balance than the free-market value of the home.” After the Great Recession of 2008, many borrowers may find themselves in this situation and may be looking for options. If you are in an […]

Filed under: Loans & Mortgages by 3lyk_trus Friday, February 1st, 2013
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According to the Wall Street Journal, there’s a new rule regarding the definition of new qualified mortgages. Essentially, the Consumer Financial Protection Bureau has clarified that an officially “qualified” mortgage will be presumed to comply with new ability-to-repay standards. While this may be great for typical borrowers, this could place some unfortunate burdens on those […]

Filed under: Loans & Mortgages, News & Events by 3lyk_trus Friday, January 18th, 2013
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Wondering about HARP (Home Affordable Refinance Program)? This program is designed for those who have been unable to refinance their mortgage due a decline in property value. According to the Making Home Affordable website, “help you get a new, more affordable, more stable mortgage. HARP refinance loans require a loan application and underwriting process, and […]

Filed under: Loans & Mortgages by 3lyk_trus Friday, January 18th, 2013
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