It’s a new year and a new chance for many people to become homeowners. There are several mortgage products that are designed for first-time buyers; the FHA loan is especially helpful. Here’s what you need to know about them and the changes that have been
Mar 22, 2022 | First-time Homebuyers FHA Loans Purchasing a Home Refinancing a Home
When you bought your home, you (hopefully) qualified for a mortgage that you could afford and if you stay on top of it monthly, you’ll own your home free and clear in 30 years (or less, depending on your loan terms.) Making extra payments may not even hav
Feb 16, 2022 | Refinancing a Home Homeowner Tips
As a first-time homebuyer, there may be many mortgage terms that may sound foreign to you. For example, when you start looking at interest rates offered by mortgage brokers, they will often be accompanied by a “points” or “origination fe
Dec 15, 2021 | Purchasing a Home Refinancing a Home Mortgage Basics
The typical mortgage loan lasts 30 years and is amortized equally over that entire period, so that the borrower makes consistent payments, including both interest and principal. The last payment pays off the loan. However, there is a type of loan called a
Nov 17, 2021 | Refinancing a Home Purchasing a Home Conventional Loans
After you’ve accepted an offer to sell your home, your property will be appraised to see if it's worth what the buyer is offering. This appraisal is crucial to making sure the sale goes through smoothly. If it comes in too low, the buyers might back out o
Nov 03, 2021 | Purchasing a Home Refinancing a Home Homeowner Tips
With the housing market on fire, home prices have steadily risen for the past several years. The result has been an enormous amount of home equity for American homeowners. In fact, according to mortgage data firm Black Knight in the second quarter of 2
Oct 20, 2021 | Refinancing a Home Mortgage News
