Tag: Mortgage

Posted on 11/07/2021
Home Refinance: What You Need to Know About Refinancing Your Home
Many homeowners have experienced a moment when they have wished for a lower mortgage payment. With a mortgage refinance, you could effectively lower your monthly payments. Not sure where to begin with refinancing or whether it's right for you? We've got you covered with some tips and considerations. What is Refinancing? When you refinance a mortgage, you're essentially...
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Posted on 05/02/2021
FHA, VA and USDA Loans and How They Differ from Conventional Mortgages
Photo by Alexander Stein via PixabayWhen it comes to a mortgage, most of us think of the same standard product; the 15 or 30 year conventional mortgage offered by banks and lenders. This is not the only mortgage option you have, though. Depending on your personal history and circumstances you may qualify for an attractive mortgage with lower...
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Posted on 07/26/2020
Image by Charles 🇵🇭 from Unsplash Part of buying a home is researching the market and your finances. Most lenders require you to put at least 20 percent down or pay private mortgage insurance (PMI). Since PMI is a cost that does not lower your interest rate or principal, it’s almost always better to save up that hefty...
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Posted on 05/19/2019
Types of Mortgages Available to Buyers
There are different kinds of mortgages available to prospective homeowners today. The right mortgage for you will depend on a number of factors, including your level of income and credit rating. While there are numerous mortgage products available to buyers today, they will mostly fall under the categories below: FHA-Backed loans Most folks getting a home for the...
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