So you find yourself with a little bit of extra money – perhaps due to a raise, an inheritance or an unexpected windfall?
Overpay On Your Mortgage Or Add To Your Savings, This Is The Question
Category: Mortgage Tips
Fannie Mae And Freddie Mac, How They Impact Real Estate
Fannie Mae and Freddie Mac have been in the news quite a bit over the past few years, so it’s a good time to do a refresher on who they are and what role they play in the real estate market.
Pros And Cons Of Adjustable Rate Mortgages
When you are in the market for a new home, you may be faced with numerous options for financing your home. One of the choices you will have to make is whether to apply for a fixed or adjustable rate mortgage.
The Pros And Cons Of Making Biweekly Mortgage Payments
Have you ever considered paying off the mortgage on your home in two biweekly payments rather than one monthly payment? It might seem like this wouldn’t make a difference, but the truth is that biweekly payments really do add up more quickly.
The Low Down On The HUD-1 Settlement Statement
When preparing for a closing on your refinance or home purchase, one of the documents you will be provided with a few days before closing is a HUD-1 Form. This form provides you with valuable information about your loan.
10 Questions You Should Ask Yourself Before Applying For A Mortgage: Part 2
Yesterday you may have read the blog post on questions to ask yourself before applying for a mortgage, well here are 5 additional that you may want to think about before you go into your meeting with your loan officer.
10 Questions You Should Ask Yourself Before Applying For A Mortgage: Part 1
If you are considering applying for a refinance, it is important to understand the mechanics of your mortgage loan. Before you sit down to speak with your loan officer, you should consider preparing a list of questions you feel may need to be answered.
Reasons Why You Should Consider Refinancing Your Mortgage
Refinancing a mortgage is a golden opportunity to lock in today’s low interest rate for the next 15 or 30 years. While interest rates now are still low, there’s a good chance they will be heading up in the coming months.
3 Tips To Sidestep These Common FHA Loan Hang-ups
FHA loans are becoming increasingly popular these days as potential homeowners are not able to qualify for mortgages from traditional lenders. The FHA insures these high-risk loans, in turn allowing borrowers with low down payments and less than perfect credit to purchase homes and bolster the housing market.
Factors To Consider When Applying For A Home Mortgage
Owning a home can be a sign of independence and success. It allows you to build up equity and the mortgage interest and property taxes are tax-deductible. What can you do to make a home affordable for you?
Reputable lenders look at a list of criteria to decide how much they’ll loan you.