Passive income. Monthly rent. Tax benefits. Equity. The benefits of real estate investment go on and on. And real estate is famously a high-appreciating asset. At the same time, investment property is expensive and high risk. Should you be getting…
With modern lenders providing more financing options for homebuyers than ever before, the mortgage landscape can be confusing and overwhelming at times. However, understanding the primary differences between a 30-year mortgage and a 15-year mortgage can provide a solid foundation…
FHA loans are mortgages backed by the Federal Housing Administration (FHA), and unlike traditional mortgages, they do not require that applicants have high credit scores or make a large down payment. These types of loans are very popular among people…
When investing in your mortgage, it is always important to compare your options. Every loan has different requirements you should consider when finding the best option for you. So, what is the difference between a Jumbo Loan and a Conventional…
When financing a home, you have options. Here are some of the most common loan programs: • Conventional mortgages are the most common of all home loans. Fixed and adjustable-rate loans can be financed for 10 to 30 years,…
As your mortgage professionals, we regularly monitor the status of your loan. Based on the length of time you've had your loan and recent changes to home values in the area, you may be able to save money each month…
If your mortgage is one of them, or if you’re about to buy a home for the very first time, there are certain factors to consider, to ensure you end up with a mortgage that works in your best interest.…
Mortgage interest rates are near historic lows. Yet if you want to take advantage of those rates, check your credit score first. That three-digit number determines whether you can get a mortgage, the type of loan you’ll get, what you’ll pay…
Thinking about moving to a home with a homeowners association? You should consider all the pros and cons of HOA living first. Keep in mind that the quality of an HOA varies depending on the organization. For instance, while many…
Despite surprise rate drops in April — 30-year fixed rates fell to 3.04% on April 15 — mortgage rates seem bound to turn back upwards soon. Why did interest rates fall in the first place? The short answer is that…
