If you are shopping around for a home loan, you have two options, a mortgage broker or a bank. Depending on your preferences and financial circumstances, one may be better than the other. Knowing the … [Read more...]
Why are there often big differences between interest rates quoted online?
When shopping for a home loan, you may notice the terms "APR" and "interest rate." By law, it is a requirement for lenders to advertise both the interest rate offered as well as the APR. Since the … [Read more...]
Advantages and Disadvantages of an FHA Home Mortgage
Deciding which mortgage option is right for you can be challenging. However, researching and learning what each type of loan offers can help borrowers make the best choice based on their financial … [Read more...]
6 Tips To Get The Lowest Mortgage Rate
Getting the lowest mortgage rate is extremely important for homebuyers. Low mortgage rates save homebuyers and homeowners money on their monthly mortgage payments and help them afford the home that … [Read more...]
Why Might You Need an Appraisal? How Do Appraisals Work?
Home appraisals help homebuyers and homeowners get approved for a mortgage. Home appraisals are necessary whether buying a home or refinancing your current home. Mortgage lenders require a … [Read more...]
How To Get a Home Loan
The home loan process can be complicated and sometimes include a lot of hurdles. There are various home loan options to choose from and many documents required to apply for a home loan. However, … [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...]
Can I Select My Own Appraiser for a Home Loan?
Whether purchasing a home or refinancing, obtaining a mortgage requires getting the home appraised to determine the home’s market value. Whether you are the buyer, owner, or seller, it is essential … [Read more...]
9 Types of Home Loans
A home loan is a secured loan used to purchase a property by offering it as collateral. Borrowers usually take out a home loan to buy or maintain a home, land, or other various types of real … [Read more...]
Why Homeowners Should Refinance Their Mortgage
Refinancing a mortgage is a process that involves paying off a current mortgage loan and replacing it with a new mortgage loan. While refinancing is a big decision, there are several reasons why … [Read more...]
