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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How to Refinance Your Mortgage

January 24, 2025

Refinancing your mortgage can be a strategic financial decision, enabling you to save money, access home equity, or adjust your loan terms to better suit your current financial situation. Here’s a detailed guide to help you understand the process and determine if refinancing is the right move for you. What is Refinancing? Refinancing involves replacing […]

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Is It Time to Stop Paying Rent and Start Building Equity?

January 23, 2025

Have you ever calculated how much rent you’ve paid over the years? It’s a staggering number. According to studies, the average American spends between $133,000 and $155,000 on rent in just six to seven years. Let’s break that down and explore what it means for your financial future—and how you might be able to change […]

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How Can You Prepare Your Finances for a Mortgage?

January 22, 2025

Dreaming of owning a home? Preparing your finances for a mortgage is key to making that dream a reality. Here’s how to get started: 1. Create a Budget Understanding how much you can afford is the first step. Review your monthly expenses and set a target mortgage payment that aligns with your budget. For example, […]

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What’s Ahead For Mortgage Rates This Week – January 21st, 2025

January 21, 2025

Recent economic data brought significant relief, with both the CPI and PPI indicating that inflation was running cooler than expected. In the context of the current administration, this was welcome news, helping to ease concerns about potential monetary policy changes. The Federal Reserve has very frequently signaled they will follow the data and this time […]

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

January 21, 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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