How Can I Get Removed from a Mortgage as a Co-Signer?

February 7, 2025

Being a co-signer on a mortgage can be a significant financial commitment, one that you might not want to maintain indefinitely. Whether your circumstances have changed, or the primary borrower is now in a position to manage the loan independently, it’s understandable to want to remove your name from the mortgage. While the process can […]

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Ensure a Stress-Free Home Purchase with These Gift Fund Tips

February 6, 2025

Imagine you are about to purchase your dream home, and a generous financial gift from family or friends is making it possible. It’s a moment to celebrate!  But did you know that mishandling gift funds can lead to delays, added stress, or even jeopardize your loan approval? Don’t worry, we are here to guide you […]

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What’s the Difference Between a Second Mortgage and a Home Equity Loan?

February 5, 2025

If you’ve been diligently paying down your mortgage, you’ve likely built up a valuable asset: home equity. This financial resource can be a game-changer, offering opportunities to fund major expenses, consolidate debt, or tackle unexpected financial challenges. But with multiple borrowing options tied to your home equity, it’s essential to know which route aligns best […]

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Let’s Chat! How to Get Prepared for Your House-Hunting Journey

February 4, 2025

Imagine that you are exploring your city or a new city and you stumble upon your dream home. It is perfect! With an open kitchen for entertaining, a backyard oasis for relaxation, and all the space you’ve envisioned. Just as you’re ready to make your move, someone else beats you to it because your finances […]

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What’s Ahead For Mortgage Rates This Week – February 3rd, 2025

February 3, 2025

The previous week’s reins were held by the Federal Reserve’s Rate Decision and also the preferred inflation indicator, the PCE Index. With the PCE Index coming in well above the Federal Reserve’s 2% target, it suggests that rate cuts may be postponed much longer this year than initially anticipated. Looking ahead, the upcoming week features […]

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Should You Use Home Equity to Pay for College?

January 31, 2025

Higher education can be one of the most significant financial investments you’ll make, second only to purchasing a home. While federal loans are a common method for covering college costs, using your home’s equity is another option to consider. Before making a decision, it’s important to understand the pros and cons of tapping into your […]

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Can You Buy Land with a VA Loan?

January 30, 2025

The VA loan program offers exceptional benefits to veterans, active-duty service members, and eligible surviving spouses, including no down payment, competitive interest rates, and no private mortgage insurance (PMI). But what about buying land? While the rules around using a VA loan for land can be more complex, there are still ways to make it […]

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Can You Be a First-Time Homebuyer Again?

January 29, 2025

Purchasing a home is a significant milestone, and first-time homebuyer programs make the process easier for many stepping into homeownership. But what if you’ve owned a home before or are currently a homeowner? Can you qualify as a first-time homebuyer again? Surprisingly, the answer is yes. Under certain conditions, you may be eligible for these […]

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What to Do If Interest Rates Drop After Getting a Mortgage

January 28, 2025

When securing a mortgage, buyers aim to lock in the best possible interest rate. But what if interest rates fall after you’ve closed on your loan? Are you stuck with your current rate? The good news is that you may have options, whether your loan is brand-new or you’ve been paying it off for a […]

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What’s Ahead For Mortgage Rates This Week – January 27th, 2025

January 27, 2025

With the holiday of the previous week in addition to an extremely light release week, only the Consumer Sentiment report is weighing in on the lending markets. With both the inflation reports showing inflation cooling off, there is still some optimism about where the Federal Reserve will take things. This optimism is only cooled by […]

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