Get Pre-Approved for a mortgage today, trust me

Why You Should Get Pre-Approved for a Mortgage   What is mortgage pre-approval and how can it help you to get the house of your dreams? Find out the answer here. Image Credit: Getty Images If you're shopping for a home, one of the first things you should do is go to the bank to … Continue reading Get Pre-Approved for a mortgage today, trust me

9 Grants and Programs for First-Time Homebuyers

9 Grants and Programs for First-Time Homebuyers By Rachel Hartman (TNS)—Buying a home for the first time can be daunting. In addition to mountains of paperwork and new financial terms to sort through, you’ll face costs and fees that can quickly add up. In short, purchasing a home isn’t a financial step to take lightly. … Continue reading 9 Grants and Programs for First-Time Homebuyers

10 Tips for Finding the Best Deal on Your Mortgage

From USNews 5/11/15 Most people will need a mortgage to buy a home. That means that not only do you need to shop for a home, you need to shop for a home loan. But a survey of 2013 borrowers by the U.S. Consumer Financial Protection Bureau found that almost half of borrowers didn't shop … Continue reading 10 Tips for Finding the Best Deal on Your Mortgage

Don’t make these 5 mistakes

5 Mistakes That Delay Mortgage Approvals (and How to Avoid Them) From YahooHomes.com 4/8/15 One of the hardest parts of getting a mortgage is interpreting advice from all the parties involved: mortgage lender, real estate agent, insurer, attorney or escrow officer, tax adviser, financial adviser, plus your family, friends and colleagues. Since your mortgage lender is … Continue reading Don’t make these 5 mistakes

Under 35 homeowners to dominate housing

Millennials are moving in: under- 35 homeowners to dominate the housing market next year From MainSt.com 12/17/14 . View photo Rising rents may be forcing adults 35 and younger to do something they've been stolidly resisting: buy a home. Zillow, the real estate information service, says Millennials will comprise the largest demographic of home buyers … Continue reading Under 35 homeowners to dominate housing

Mortgage Insurance Paid Upfront

From NYTimes.com 11/6/14 Private mortgage insurance is the bane of home buyers who can’t put down at least 20 percent. The insurance protects the lender in the event that a borrower defaults on a property with little equity, but it also guarantees a considerably higher monthly mortgage payment. An increasingly popular alternative allows borrowers to … Continue reading Mortgage Insurance Paid Upfront