Mortgage

Discover tips on mortgages home loans and government assistance housing programs.

Choosing a Mortgage Lender: Some Questions to Ask

2022-08-22T14:54:35+00:00

July 20, 2022 Choosing a mortgage lender can seem a bit daunting. After all, there are so many of them out there. Community banks, savings and loan institutions, mortgage brokers, national banks, credit unions, and online lenders may all provide mortgage services. However, before you sign a document as important as a mortgage, consider the reputation of the institution and the terms of your contract. Here are 6 questions you may want to ask any potential lender: 1. [...]

Choosing a Mortgage Lender: Some Questions to Ask2022-08-22T14:54:35+00:00

What Are Conventional Home Loans?

2022-01-07T16:31:03+00:00

Are you considering a conventional home loan? Or looking to be informed about them? If so, you've come to the right place. In this Q&A I'll go over what conventional home loans are, the various types, and a way to see if you qualify. So, what are conventional home loans? A conventional home loan also known as a conventional mortgage refers to a loan that is not guaranteed or insured by any government agency, including the Federal Housing Administration [...]

What Are Conventional Home Loans?2022-01-07T16:31:03+00:00

Private: Reasons for Owning a Home vs. Renting

2022-01-08T10:21:52+00:00

Reasons for Owning a Home vs. Renting There are many advantages and disadvantages to either owning or renting a home. Deciding which option is best for you depends on many factors such as your financial situation, whether you see yourself moving within the next few years, the current market status, whether you like to do home improvement projects yourself, and many more. To help you determine whether buying a home or continuing to rent [...]

Private: Reasons for Owning a Home vs. Renting2022-01-08T10:21:52+00:00

Private: Step-by-Step Guide to Buying a Home

2022-01-08T11:41:31+00:00

Guide To Buying A Home Buying a home can be an intimidating process. Whether you are a first-time home buyer or have been a homeowner for years, the following document provides a useful guide to help you make an educated home buying decision. Click here to access and print your Step-by-Step Guide to Buying a Home today. Learn every step of the mortgage process in one, easy read! From setting a budget and house shopping to picking the [...]

Private: Step-by-Step Guide to Buying a Home2022-01-08T11:41:31+00:00

Private: HARP Loans Explained

2022-01-08T11:00:46+00:00

Harp Loan The Home Affordable Refinance program, otherwise known as HARP, is a program designed to assist people that are upside down on their mortgage (owe more than their home is worth).  According to Freddie Mac, “HARP is unique because it enables homeowners with little to no equity in their homes to take advantage of today’s low interest rates and other refinancing benefits.” A person may be eligible for a HARP loan if: [...]

Private: HARP Loans Explained2022-01-08T11:00:46+00:00

Private: Reverse Mortgage Facts

2022-01-08T06:46:23+00:00

With pension plans declining, and more people becoming reliant on Social Security, maintaining a reasonable standard of living after retirement might seem like a pipe dream to some. For individuals who own their own home, a reverse mortgage may be an option that can help make ends meet. What qualifications are needed to be considered for a reverse mortgage? A reverse mortgage is available to individuals 62 years of age and older who own [...]

Private: Reverse Mortgage Facts2022-01-08T06:46:23+00:00

Home Buying FAQ’s

2022-01-07T18:13:20+00:00

To close out our home buying guide, we have compiled answers to questions (FAQ’s) you may have about the home buying process. Refer to Step 1 and Step 2 of our home buying guide to help you with basic home-buying terminology such as pre-approval and loan points, and to understand your pre-disclosure documents, available financing options, and more! 1) The Mortgage Loan Originator (MLO) asked about my race, gender and ethnicity. Is this legal? [...]

Home Buying FAQ’s2022-01-07T18:13:20+00:00

Step Two – To Buying a Home!

2022-01-07T12:04:40+00:00

Now that you know your credit qualifies you for a mortgage, and the maximum dollar amount you are qualified for, you can shop for homes based on the approval criteria. Not sure about your pre-approval? Check out our Guide to Home Buying – Step One to get started from the beginning. When to use a “Buyer’s Agent” If you are buying a home for the first time, it is recommended that you use a [...]

Step Two – To Buying a Home!2022-01-07T12:04:40+00:00

Guide to Home Buying-Step 1

2022-01-07T11:57:15+00:00

Buying a home can be an intimidating and seemingly daunting process. Whether you are a first-time home buyer, or have been a homeowner for an extended period of time, the following provides a useful guide to help you make an educated home buying decision. Before you begin your home search, […]

Guide to Home Buying-Step 12022-01-07T11:57:15+00:00