Tag: Mortgage

Posted on 04/29/2024

Online preapproval: How to make your mortgage process easier

When preparing to buy a home, many potential buyers...

Mortgage Preapproval

Mortgage

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Posted on 04/22/2024

"Should I refinance my mortgage?" 3 Common reasons homeowners refinance

Homeowners refinance their mortgages for an assortment of...

Home Finance

Home Loans

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Posted on 01/01/2024

A Basic Guide to Veteran Mortgage Relief Options

If you have a VA loan, the U.S. government has options in place to assist you in case of financial hardship. There are multiple programs available to help you avoid late payments and foreclosure if your mortgage meets eligibility. Here are the major veteran mortgage relief options to know: Refund Modification A refund modification affects the principal and...

Mortgage

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Posted on 09/18/2023

Servicing a loan: What borrowers should know

Mortgage servicers are companies responsible for the...

Loan Servicing

Mortgage Lender

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Posted on 06/26/2023

Mortgage basics: 15-year fixed mortgages

Prospective homebuyers and current homeowners know that a...

15 Year Mortgage

Fixed Rate Mortgage

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Posted on 08/22/2022

Home refinance costs to consider

Refinancing your home can have major benefits: a lower monthly payment, cash use of home equity for a variety of purposes, generate more appetizing mortgage terms, etc. However, there are a few things to remember when entering into a mortgage refinance, like refinance cost. Here are a couple of cost options to remember when you’re ready to refinance...

Costs Of Refinance

Home Finance

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Posted on 04/11/2022

The basics: Recasting mortgage payments 101

Recasting mortgage payments is a little-known gem when it comes to homeowner finances. It’s often viewed as a method to lower monthly payments without extending the length of your loan term. But what exactly is mortgage recasting? Are there any disadvantages to it? What about my interest rates? Will my overall loan balance increase or decrease? Here’s a...

Home Financing

Home Refinancing

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Posted on 01/24/2022

Understanding Home Prices: Key Factors to Consider

Housing prices are constantly changing, which can make both buying and selling a home more complicated. While it’s difficult to predict future changes, it’s important to understand the key factors that affect the housing market and home prices. Here are the five major things that affect housing prices: Economic Change The overall health of the economy is a...

Economy

Home Prices

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Posted on 09/27/2021

How Sellers Can Benefit From Land Contracts

A land contract is a type of seller financing that has many benefits both for buyer and seller. In a land contract, the seller provides credit instead of a lender or bank. The buyer makes their regular payments to the seller directly. Once the total price is paid in full, the seller gives the buyer the title to...

Home Seller

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Posted on 01/18/2021

Looking to Buy a Home? Let's Start with Your Loan

Photo by Nattanan Kanchanaprat via Pixabay If you’re in the market to purchase a home, it can be a confusing process. Interest rates, types of loans and what may apply to you can all sound like a foreign language. It’s always best to have some background knowledge before going to see a mortgage broker to make sure you’re...

Mortgage

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