During the home buying process, you will encounter many unfamiliar terms, some of which may seem like the same thing. One such pair might be “sales price” and “appraised value.” They both refer to how much the house is worth, right? Actually, there is a d
Apr 06, 2022 | Purchasing a Home
A reverse mortgage is a unique type of loan that can be useful for many people. With a traditional mortgage loan, you make monthly payments toward the loan. However, with a reverse mortgage, the lender pays you either through monthly installments, a one-t
Apr 04, 2022 | mortgage brokers Mortgages Reverse Mortgages Mortgage
Getting pre-approved before shopping for a new home is a smart idea, and helps you to present a stronger offer. Pre-approval Defined Before going out with a real estate agent to look for the perfect property, it is wise to begin the pre-approval process.
Apr 04, 2022 | mortgage brokers Purchasing a Home First-time Homebuyers Preapproval Mortgage
Refinancing in the mortgage world is the process in which an existing mortgage is replaced with another mortgage, usually under different terms or interest rates. This can be useful for many people who might want a lower interest rate, a loan with shorter
Apr 04, 2022 | Debt Consolidation Refinancing a Home Home Renovation Loans Mortgage mortgage brokers
If you are looking to buy a vacation home in one of your favorite spots, one of the most important questions to ask yourself is “Can I afford to buy a second home?” The answer will depend on a variety of factors.While some buyers have the cash to buy a se
Mar 29, 2022 | Purchasing a Home
It’s a new year and a new chance for many people to become homeowners. There are several mortgage products that are designed for first-time buyers; the FHA loan is especially helpful. Here’s what you need to know about them and the changes that have been
Mar 22, 2022 |