<img height="1" width="1" src="https://www.facebook.com/tr?id=568307677050997&amp;ev=PageView &amp;noscript=1">

Mortgage News, Tips and Resources

Filter Articles By Topic
May 08 2023

Rehab Loans for First-Time Home Buyers

There are several rehab loans first-time home buyers should consider when researching mortgage options, including those offered by the Federal Housing Administration (FHA), Fannie Mae, and Freddie Mac.

Happy young couple with key in hand standing outside in front of their new home
May 01 2023

What Is a Government-Backed Mortgage & How Do I Qualify?

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.

March 06 2023

Champ the VetDog Trains With Friends at Halesite Fire Department

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

February 23 2023

Champ the VetDog Brings Love and Joy to Marty Lyons Foundations with his Kisses For Wishes

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."

January 31 2023

Do FHA 203(k) Loans Require Mortgage Insurance?

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.

Mortgage Commitment Letter: Your Ticket Home text with loan officer chatting with couple in background
January 20 2023

Mortgage Commitment Letter: Your Ticket Home

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

FHA 203(k) Loans vs. Conventional Rehab Loans text with room under renovation in background
January 09 2023

FHA 203(k) Loans vs. Conventional Rehab Loans

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.

January 05 2023

Champ & Contour Cares Proudly Sponsors The First Annual Compassion Awards

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

December 22 2022

10 Reasons People Move

Homeowners move each year for various reasons including employment, financial challenges, more or less space, and other factors.

The Best Neighborhoods To Live In New Haven, Connecticut text with aerial view of new haven in background
December 16 2022

The Best Neighborhoods To Live In New Haven, Connecticut

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

December 05 2022

Champ & Contour Cares Kicks Off USMC Toys for Tots Collection Drive

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

November 30 2022

Contour Cares Applauds St. Joseph's  For Taking Its Staff To A Mets Game

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

The Pros & Cons of Getting a Rehab Mortgage with couple working on renovating home in background
November 23 2022

The Pros & Cons of Getting a Rehab Mortgage

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.

November 18 2022

Contour Cares Races to Help End Cancer

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.

November 14 2022

Which Loans Are Best for First-Time Home Buyers?

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.

November 08 2022

Contour Cares Celebrates Central Nassau Guidance's 50th Anniversary

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

November 03 2022

Types of Government-Backed Home Loans

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.

October 17 2022

Can You Add Renovation Costs to Your Mortgage?

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.

Top 10 Things to Consider When Relocating with happy couple smiling and giving thumbs up
October 03 2022

Top 10 Things to Consider When Relocating

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.

September 26 2022

What Are the Benefits of a USDA Rural Development Loan?

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.

Featured Posts


New Call-to-action