Defining Adjustable-Rate Mortgages (ARMs) An adjustable-rate mortgage (ARM) refers to any mortgage loan where the interest rate changes over the loan's lifetime. This type of mortgage loan is also … [Read more...]
Mortgage Challenges Facing First-Time Homebuyers
First-time homebuyers face numerous challenges when buying a home, such as getting approved for a mortgage and finding the perfect property. However, these obstacles should not stop new homebuyers. In … [Read more...]
5 Mortgage Myths Debunked
Many mortgage myths are floating around, partly because mortgages can be complex and confusing. There are many different types of mortgages available to different borrowers around the U.S., depending … [Read more...]
Marimark Mortgage Ranked a Top Three Mortgage Broker in Tampa, Florida
Updated April 5, 2020: Marimark Mortgage is again named a Top 3 Mortgage Broker in Tampa, Florida by Three Best Rated, scoring high marks in every category. Marimark Mortgage is consistently ranked … [Read more...]
How to Save for a Down Payment
The American dream for many of us is buying a home, which may be the most significant purchase and important investment in our life. When buying a home, most of us will need to get a mortgage, so … [Read more...]
Refinancing Your Mortgage Could Save You Money
Mortgage refinancing is the process of paying off your existing mortgage with a new mortgage. You are essentially replacing the original loan with a new loan, typically at a lower interest rate. With … [Read more...]
What the Coronavirus May Mean for Your Home Loan and Mortgage Rates
The 2020 coronavirus (COVID-19) pandemic has caused far-reaching impacts on the global economy. Governments everywhere are acting to minimize the long-term damage to their economies, with the United … [Read more...]
Mortgage Pre-Qualification vs. Pre-Approval: What You Need to Know
Getting a mortgage to buy a home is a complex financial process that is highly regulated to protect consumers. Homebuyers, then, might have a sense of confusion about the process and what to … [Read more...]
Top Things You Should Know About a Mortgage Pre-Approval
Buying a home is an important decision. For most people, a home is the most expensive purchase they will ever make and almost always means you are getting a mortgage. So to get started, you need to be … [Read more...]
Top Things to Avoid Before Applying for a Mortgage
If you plan to buy a home in the upcoming months, there are some things you should avoid that could negatively impact your FICO score. This is important because a lower FICO score could result in … [Read more...]
