Category: Mortgage Information Center

Should You Consider an Adjustable Rate Mortgage For Your Home Purchase?

Should You Consider an Adjustable Rate Mortgage For Your Home Purchase?

April 5, 2018 |

With mortgage rates finally looking like they may move upward a bit as the overall market improves the adjustable rate mortgage starts to come into play again.

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Questions and Answers Regarding The Veterans Loan Program

Questions and Answers Regarding The Veterans Loan Program

April 3, 2018 |

Owning a home is important to military veterans just like the majority of other consumers. The Veteran’s Administration has provided an exceptional benefit for those who have served (or are currently serving) in any of the armed forces. And this VA Loan Program is helping thousands of service members achieve the goal of home ownership.

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A Mortgage Pre-Approval Can Help You In Your Home Purchase Negotiations

A Mortgage Pre-Approval Can Help You In Your Home Purchase Negotiations

March 29, 2018 |

A mortgage pre-qualification is an initial estimate of what type of mortgage a borrower could get. It is limited, though, because it’s only based on what the borrower tells the lender, which might not be the same as what the lender finds out when it goes through a full process of analyzing the borrower and his credit.

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The Four Best Questions To Ask Before Refinancing Your Mortgage

The Four Best Questions To Ask Before Refinancing Your Mortgage

March 20, 2018 |

When trying to decide what to do, compare the cost of refinancing with what it would cost you in additional interest to hold on to your existing loan. While the breakdown is different for every borrower, generally, you’ll need to keep your current house and loan for anywhere from three to six years to break even on the costs of refinancing.

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What Items Can Change My Mortgage Pre-Approval Status?

What Items Can Change My Mortgage Pre-Approval Status?

March 14, 2018 |

When you are purchasing a home, your lender may recommend you obtain a mortgage pre-approval before you find the home of your dreams. There are some benefits to being pre-approved before you find a home, but oftentimes, people confuse pre-qualifications with pre-approvals.

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Can I Have A Co-Signer For My Mortgage Loan?

Can I Have A Co-Signer For My Mortgage Loan?

March 13, 2018 |

Like credit cards or car loans, some mortgages allow borrowers to have co-signers on the loan with them, enhancing their application. However, a co-signer on a mortgage loan doesn’t have the same impact that it might on another loan. Furthermore, it poses serious drawbacks for the co-signer.

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Can Your Waistline Be Affected By Your Kitchen Colors?

Can Your Waistline Be Affected By Your Kitchen Colors?

March 2, 2018 |

Have you ever walked into your kitchen and instantly felt hungry?

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Should You Get Pre-Qualified Or Pre-Approved For Your New Home Purchase?

Should You Get Pre-Qualified Or Pre-Approved For Your New Home Purchase?

March 1, 2018 |

Often times, home buyers can be disappointed when they find their dream home only to discover they are not able to get a mortgage to purchase the property. There are methods that potential buyers can use to ensure this does not happen to them.

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How To Successfully Use Your Down Payment to Achieve Your Home Buying Goals

How To Successfully Use Your Down Payment to Achieve Your Home Buying Goals

February 27, 2018 |

When you are considering purchasing a home , understanding the lending guidelines regarding a down payment is important.

Here are a few key tips to consider:

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Down Payments 101: Is It Worth It to Put More Than 20 Percent Down?

Down Payments 101: Is It Worth It to Put More Than 20 Percent Down?

February 9, 2018 |

Are you thinking of buying a new home this spring or summer? If so, you’re not alone. Many thousands of individuals and families alike will become homeowners this year. Whether you’re a first-time buyer or a seasoned veteran of the housing market, you probably know there are significant choices to make. One of the big decisions you will have to ponder is how much you want to invest in your down payment.

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