3 simple ways to minimize increases even with a fixed-rate mortgage loan If you've ever been surprised by a mortgage payment increase—even though you have a fixed-rate loan—you’re not alone. We recently wrote about why this happens in our article…
What It Means for Borrowers and the Industry In a significant policy shift, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to terminate their involvement in Special Purpose Credit Programs (SPCPs). The announcement, made end…
Important FHA Loan Update The Federal Housing Administration (FHA) has issued an important policy update that will impact borrower eligibility for FHA-insured mortgages. Mortgagee Letter 2025-09, released on March 26, 2025, outlines a significant change to residency requirements for FHA…
Debt consolidation made easy for PA & FL homeowners If you’re like many homeowners in Pennsylvania or Florida, you may be feeling the weight of monthly debt payments — credit cards, personal loans, auto loans — all piling up on…
What You Need to Know About These Flexible Financing Options In today’s shifting housing market, more borrowers are turning to non-QM (non-Qualified Mortgage) loans as a flexible alternative to traditional lending. Whether you're a real estate investor, self-employed borrower, or…
The Truth About Credit Inquiries and Your Mortgage Journey When it comes to applying for a mortgage, one of the most common concerns we hear from potential homebuyers is, “Will this hurt my credit?” They’re usually referring to the hard…
How We Save You Money on Your Mortgage When shopping for a mortgage, one of the biggest concerns for homebuyers and homeowners looking to refinance is getting a competitive interest rate. At Innovative Mortgage Brokers, we pride ourselves on offering…
How It Can Save You Money on Property Taxes If you own a home in Pennsylvania or Florida, you may be eligible for a homestead exemption, a valuable tax benefit that can significantly lower your property taxes. But how does…
Why Private Mortgage Insurance (PMI) Isn’t as Bad as You Think For many homebuyers, Private Mortgage Insurance (PMI) has a bad reputation. It’s often misunderstood as an unnecessary extra cost, leading some buyers to delay their purchase in an attempt…
Gaining the Upper Hand in a Calmer Real Estate Market and Score a Home on Your Own Terms The real estate market can feel like a moving target—always shifting based on economic factors, interest rates, and even the season. Many…
