Mortgage News, Tips and Resources

Insured by various U.S. federal agencies, government-backed mortgages can help borrowers achieve home ownership through lower down payments and closing fees, flexible credit scores, and other advantages.

Champ had the opportunity to participate in a training program at the Halesite Fire Department in Huntington.

Champ the VetDog, Contour Mortgage's service dog in training, paid a heartwarming visit to the Marty Lyons Foundation in New York for "Kisses for Wishes."

Yes, FHA 203(k) loans require mortgage insurance. As the government agency backing this loan, the Federal Housing Administration expects all borrowers to pay two types of mortgage insurance premiums: Upfront and Annual.

When financing a home, borrowers must first obtain pre-approval and pre-qualification letters, followed by an official Mortgage Commitment Letter.

Whether purchasing a fixer-upper or renovating a current home, there are several important factors to consider when deciding between government-backed or conventional rehab loans.

As a sponsor for The first Annual Compassion Awards, Contour Cares offered their commitment to advocating and caring for animals.

If you’re thinking of living in New Haven, Connecticut, consider important factors such as school districts, median home prices, transportation access, and more.

Contour Mortgage and Champ kick-off the Oyster Bay Annual Toys for Tots Cruise-Thru Collection Drive.

Contour Cares partnered with Catholic Health and St. Joseph's Hospital to treat EMS and nursing staff to a Mets Game.

When considering a rehab mortgage for a new home purchase or renovation project, it’s important to examine various types and specific requirements, benefits, and drawbacks of each.

Contour Cares participated in a race against cancer with the Empire State Bike Ride. We made a direct impact on the lives of cancer patients across the state.

First-time home buyers may qualify for various conventional and government-backed loans, such as those offered through Fannie Mae, Freddie Mac, the Federal Housing Administration, U.S. Department of Agriculture, and Veterans Affairs.

Central Nassau Guidance celebrated its 50th Anniversary with Contour Cares.

Government-backed loans offered through the Federal Housing Administration (FHA), U.S. Department of Agriculture (USDA), and Veterans Affairs (VA) can assist qualified borrowers with home purchases, and improvement and rehab projects.

Yes, renovation costs can be added to specific rehab loans offered through the Federal Housing Administration (FHA), Fannie Mae, Freddie Mac, and more for borrowers meeting specific criteria regarding down payment amounts, project scopes, credit scores, and more.

More and more consumers are moving and relocating each year for various reasons, such as employment, relationship and lifestyle changes; financial challenges; additional space; and other life-altering factors.

Borrowers seeking home ownership with a limited budget and income can find relief through a USDA Rural Development Loan boasting lenient qualifications, such as no down payment requirements, credit score flexibility, and lower closing costs.

Record-low housing inventories and more prospective buyers than sellers have led to competitive bidding wars characterized by little to no contingencies, “as is” contracts, higher opening bids and down payments, and more.

With the cost of living increasing each year, many prospective and current Long Island homeowners are seeking ways to keep expenses down, such as refinancing, tax grievances, veterans benefits, energy audits, and debt consolidation.