Articles Contributed to by Gene Neal

HARP 2.0 FAQ
The Home Affordability Refinance Program (HARP) is a refinance program created to assist homeowners with financial hardships and seek an affordable payment plan. . The concept of HARP is to prevent the housing market from crashing like in 2008, which led to a severe...

Adjustable Rate Mortgage Pros and Cons
There are many loan options available to choose from to fund your home purchase.  Some loans are fixed rate mortgages, while others come with rates that adjust upward or downward over time.  This latter type of loan is called an adjustable rate mortgage and...

Reverse Mortgage FAQ
The FHA’s reverse mortgage program allows equity to be taken out of a borrower’s home upon retirement. This particular mortgage program gives many qualifying senior citizens additional retirement income. However, there are pros, cons, and...