Understanding mortgage loans and interest rates can be confusing and frustrating for many homebuyers. It doesn’t help that most advertised rates are just a marketing ploy to lure you in! In fact, a lender looks at several factors to determine an interest rate based on YOUR specific financial situation, including your credit score, your down-payment […]

Whether you’re a longtime homeowner or a newbie, don’t forget to monitor your escrow account if your lender required one when you took out your mortgage. You want to avoid any pitfalls since it’s still your money (and your home!). Here’s a rundown of why you should always stay on top of things when it […]

VA loans are a great loan option for those who have served our country. These loans backed by the U.S. Department of Veterans Affairs, provide an affordable way for many military families to own their own home – and a way to say thank you for your service! Active-duty service members, veterans and surviving spouses […]

Did you know that you can borrow money to buy a home from yourself if you have a 401k plan? Getting a 401k loan is one way to get additional money toward a down payment. It’s a lump sum of money that is already yours — not the bank’s, not mom and dad’s, and not anyone […]

When it comes to getting a mortgage, it’s easy to focus on the interest rate. But, if you only focus on the interest rate, you might be missing some “hidden” fees that makes getting that interest rate more expensive. That sounds counterproductive but it isn’t. Several factors will help create the best mortgage and interest […]

How to Get the Best Mortgage Series – Week 8 Follow this series to learn how to get the best mortgage for your specific financial situation and goals. You’ll see what steps you need to take throughout this process to make it productive and successful. This week you’ll learn all about Private Mortgage Insurance (PMI) […]

How to Get the Best Mortgage Series – Week 7 Follow this series to learn how to get the best mortgage for your specific financial situation and goals. You’ll see what steps you need to take throughout this process to make it productive and successful. This week you’ll learn about a loan that can help you […]

How to Get the Best Mortgage Series – Week 6 Follow this series to learn how to get the best mortgage for your specific financial situation and goals. You’ll see what steps you need to take throughout this process to make it productive and successful. This week, you’ll learn about another loan option – adjustable rate […]

How to Get the Best Mortgage Series – Week 5 Follow this series to learn how to get the best mortgage for your specific financial situation and goals. You’ll see what steps you need to take throughout this process to make it productive and successful. This week you’ll learn why the interest rate you see advertised […]

How to Get the Best Mortgage Series  –  Week 4 Follow this series to learn how to get the best mortgage for your specific financial situation and goals. You’ll see what steps you need to take throughout this process to make it productive and successful. This week you’ll learn why your credit score is one of the […]