Tag: Mortgage

Posted on 10/09/2023
Mortgage prepayment penalty: What you need to know
Mortgage lenders make money primarily through interest...
+ 2 more
Read More
Posted on 04/17/2023
How long does it take to buy a house: 2 Major factors to know
If you’re interested in purchasing property, you might be...
+ 3 more
Read More
Posted on 02/27/2023
The Reality Behind Your Biggest Homebuying Fears
Buying a house can be a source of tremendous stress for many. It’s extremely common to feel overwhelmed and nervous about specific aspects of the process. Luckily, there are some answers to the scariest questions to help ease your mind. Here are some of the biggest homebuying fears and what to do about them: “What if I don’t...
+ 10 more
Read More
Posted on 07/25/2022
A Basic Guide to Veteran Mortgage Relief Options
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...
+ 4 more
Read More
Posted on 04/25/2022
5 Ways Sellers Can Reduce Their Risk When Offering Financing
Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....
+ 11 more
Read More
Posted on 06/14/2020
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...
+ 3 more
Read More
Posted on 02/16/2020
Your Loan: The First Step to Buying a New Home
Photo by Nattanan Kanchanaprat via Pixabay If you’re in the market to purchase a home, it can be a confusing process. Interest rates, types of loans and what may apply to you can all sound like a foreign language. It’s always best to have some background knowledge before going to see a mortgage broker to make sure you’re...
+ 4 more
Read More