Mortgage forbearance is when your mortgage lender allows you to pause or reduce your mortgage payments for a limited time because of financial hardship. Many homeowners experience unexpected … [Read more...]
Lower Your Monthly Mortgage Payment and Put More Cash in Your Pockets
Managing a mortgage is a significant aspect of homeownership, and reducing monthly payments while freeing up extra funds can be enticing. Whether you're a seasoned homeowner looking to ease your … [Read more...]
Top Home Loans for Single Moms
According to 2022 Census data, there are approximately 11 million single-parent families in the U.S., around 80% of which are single-mom families. In addition, as of 2023, single women made up 17% of … [Read more...]
Invest The Time To Find The Best Mortgage
-+ Investing in a home is one of the most significant financial decisions a person can make. Whether you're a first-time homebuyer or looking to refinance, finding the best mortgage is crucial to … [Read more...]
How Much Can I Afford for a Monthly Mortgage Payment?
Purchasing a home is one of the most significant financial investments one will ever make in their lifetime. And often, homebuyers will purchase a home, spending more than they can afford, resulting … [Read more...]
When and How to Pay Off Your Mortgage Early
The idea of having to pay a mortgage over decades can discourage homeowners as a homeowner's dream is to own their home and be free of mortgage payments. Even more so, as homeowners get close to … [Read more...]
4 Reasons to Consider a 15-Year Mortgage
When looking to purchase a home, you will realize you have many decisions to make. First, you must decide on a mortgage lender and loan that suits your financial circumstances. One major decision is … [Read more...]
Pros and Cons of a Variable-Rate Mortgage
A variable-rate mortgage, or an Adjustable Rate mortgage (ARM), is a home loan with a fixed period in which the initial interest rate remains the same for three to ten years, followed by yearly … [Read more...]
Mortgage Basics for First-Time Homebuyers
Securing a mortgage is a crucial step for first-time homebuyers. However, choosing a suitable home loan option depends on various factors. Choosing from a wide range of financing options can be … [Read more...]
PITI: 4 Components of a Mortgage Payment
PITI is an acronym for the four components of a mortgage payment: Principal, Interest, Taxes, and Insurance. When evaluating a homebuyer's maximum mortgage loan eligibility, lenders consider these … [Read more...]
