As of the beginning of 2021, higher loan limits made it easier for homebuyers to get an FHA mortgage. The loan limits allowed by the FHA have a significant impact on the housing market and how home … [Read more...]
Housing Market Expected to Remain Hot this Winter
Buyers, sellers, and Realtors tend to expect Winter to be a slow season for real estate. However, Winter in 2020-2021 is likely to be an exception. The housing market expects to be red-hot for the … [Read more...]
How to Get a VA Cash-Out Refinance Home Loan
Homeowners who are active-duty military or veterans may be eligible for a VA cash-out refinance home loan. These loans may allow borrowers to lower their mortgage interest rate while refinancing up to … [Read more...]
Adjustable-Rate Mortgage
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...]
4 Ways to Remove Private Mortgage Insurance
When purchasing a home, many homeowners end up with Private Mortgage Insurance (PMI) added to their mortgage. While this is frustrating and adds to monthly costs, it is usually unavoidable under the … [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...]