Mortgages are an ideal way to own a home even with limited finances. Such loans also grant you long-term stability and build your equity. While mortgages have numerous benefits, finding the right type can be tough due to the many options available in the market. Read...
Your credit score is a large piece of the puzzle when it comes to qualifying for the best deal on a mortgage, but many people still have questions about how they can ensure the best credit score possible for their circumstances. While the most common advice is to pay...
Should you refinance your mortgage? Refinancing an existing mortgage loan is a great financial choice for many borrowers. One of the reasons it’s so successful for so many individuals is that it offers a variety of choices each homeowner can tailor to fit their...
How large should your down payment be? This can be a confusing subject for many potential home buyers because there is no one-size-fits-all answer. While some borrowers seek to put up as small a down payment as possible, others try to make their down payment as high...
If it’s time for you to buy your first home, you may have lots of questions. Luckily, you’re not alone. Buying a home can be an overwhelming experience, but when done correctly, it can also be rewarding. If you would like to learn more to prepare yourself...
Buying a home is an exciting but stressful time, especially if this is your first home and you don’t know what to expect. If you are ready to buy a home, understanding the process a little better can help calm those nerves. To learn more, check out these four...
As more and more Americans move past the crisis stage of the COVID-19 pandemic, many homeowners want to refinance to take advantage of current low-interest rates that may rise during 2021 or beyond. But if you’re a self-employed borrower who weathered the...
Do you plan to buy your first home and seek a mortgage in the next year or two? If so, you have an excellent opportunity to get the best deal and have the easiest process possible by taking some steps now. What are some of these steps any potential borrower can and...
When planning a refinance of your home loan, you have two options: to refinance for just what you need or to refinance for more than you need and take out some cash. The second option, known as a cash-out refinance, should be weighed carefully, as it adds to the...
Do you plan to buy a home or refinance the mortgage on your current one? If so, you have a number of important decisions to make, including whether to choose a fixed-rate mortgage (FRM) or an adjustable-rate mortgage (ARM). How do these options differ? And which...
