With today’s interest rates still incredibly low, refinancing is still a common topic of discussion. Refinancing can be a great way to help save money, but it’s not a great option for everybody.
Mortgage & Industry Blog
It’s a common misconception that FHA loans are for first-time homebuyers while conventional mortgages are for seasoned homebuyers, but that’s not necessarily the case.
It's easy to forget about the cost of closing on a home. And more often than not, buyers are surprised by how expensive closing costs can be. It's important to be aware of what closing costs are so you can make educated decisions about your mortgage.
A reverse mortgage is a home loan program for homeowners 62 years of age or older that allows the homeowner to tap into their home equity.
Although complex and risky, short sales can offer home buyers a house at a more than desirable price.
If you’re new to the homebuying process, chances are you’re wondering what the term “government backed mortgage” really means. A government backed mortgage is not a guarantee that you will be approved just because the federal government is backing the loan.
Having a great credit score will provide you with better mortgage options, but what happens after you acquire a mortgage? How does a mortgage affect your credit score?
If you’re in the process of purchasing or refinancing a home, chances are you’ve come across the term mortgage points.