Tag: Mortgage

Posted on 11/29/2023

Important Details to Know About Veteran Mortgage Relief

The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...

Mortgage

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Posted on 03/29/2023

Options for Veteran Mortgage Relief to Consider

If you have a VA loan, the U.S. government has options in place to assist you in case of financial hardship. There are multiple programs available to help you avoid late payments and foreclosure if your mortgage meets eligibility. Here are the major veteran mortgage relief options to know: Refund Modification A refund modification affects the principal and...

Mortgage

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Posted on 08/04/2021

How to Finance Your New Construction Home

Photo by Anthony Shkraba from Pexels Building your new home should be a rewarding experience, but it's important to know how the financing for a new construction is different from the financing for a previously owned home. You will need a specific type of loan called new construction loans, and they can be harder to get than a...

Construction Loan

Credit Score

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Posted on 01/13/2021

Mortgage Pre-Approval Guide

Image by Precondo CA from Unsplash Buying your first home can be stressful enough without worrying about whether or not your mortgage loan pre-approval is going to go through. You may not be prepared for the mountains of paperwork that you'll need to submit before a lender gives you the thumbs' up. That's why it's such a good...

Mortgage

Buying Your First Home

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Posted on 01/08/2020

Thing You Need to Know About Applying for a Jumbo Mortage

Photo by Peggy und Marco Lachmann-Anke via Pixabay A jumbo mortgage refers to a high-priced loan, usually meant for a luxury property. And while this loan may have once been reserved for the millionaire investors of the world, it may not be as exclusive as you think. If you're interested in what it takes to apply, it helps...

Mortgage

Jumbo Loan

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Posted on 12/25/2019

Invest or Pay Down Your Mortgage Quicker - Which is Better?

Photo by Andrey_Popov via Shutterstock Often, when discussing ways to get out of debt, the subject of “mortgage versus investments” comes up. If you have a mortgage, your monthly budget likely revolves around paying it first, meaning investment ideas take a back seat. One way to free money up to invest is to pay off the mortgage, and...

Mortgage

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Posted on 05/22/2019

What Length of Mortgage is Best for You?

People focus mostly on the interest rate when looking for the best mortgage. Other than the interest rate, there are some other variables to consider when looking for a mortgage that is ideal for you. One of the variables that you should consider is the length of the mortgage agreement. There are various options available, so you need...

Mortgage

Mortgage Rates

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Posted on 02/18/2019

How to Approach a Mortgage Application

Filling out a mortgage application may prove to be a long, exhausting process. Fortunately, we're here to help you streamline the mortgage application process so you can move one step closer to acquiring your dream house. Now, let's take a look at three tips to help you approach the mortgage application process with confidence. 1. Be Thorough A mortgage...

Mortgage

Buying A Home

Posted on 01/28/2019

Stuffing the Piggy Bank

The idea of homeownership can seem daunting if you doubt you can save up a down payment. After all, even a modest house on a conventional mortgage requires twenty percent plus the closing costs. When saving up seems out of reach, try these creative tips to grow your nest egg: Delay gratification A lofty word for a simple...

Saving Money

Down Payment

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