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

Difference Between Fixed and Adjustable Rate Mortgages

Here are the differences between the 2 types of mortgages you can get If you're planning on becoming a homeowner one day, you'll likely take out a mortgage to finance your purchase. The two most common types of home loans — fixed-rate and adjustable-rate mortgages — each have pros and cons, and choosing the right … Continue reading Difference Between Fixed and Adjustable Rate Mortgages

Can you be denied a mortgage if you’re pregnant?

Can you be denied a mortgage if you’re pregnant? Hematologist Elizabeth Budde was far along in her pregnancy while also house-shopping, looking for the perfect place in Kenmore, Washington to raise her first child. She knew that once the baby was born, she’d have very little spare time to look for a house, so now … Continue reading Can you be denied a mortgage if you’re pregnant?

Lock in your mortgage rate

Lock it in: How (and when) to secure a low mortgage rate From Credit.com 6/9/15 Mortgage rates have been trending upward in recent weeks, so if you're starting the process of buying a home, now might be a good time to lock in your rate. Deciding when to lock isn't just about market conditions, because … Continue reading Lock in your mortgage rate

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

Refinance your house now!

Missed out on refi boom? You may be in luck From MainSt 1/23/15 The housing crash put a lot of homeownership dreams on hold. Lending went from paperless applications and mindless approvals to stringent restrictions, pristine credit requirements and creeping rates. Not only was buying a home growing out of reach for first-timers, but refinancing … Continue reading Refinance your house now!

The key to understanding your mortgage payment

From Credit.com 12/8/14   Calculating how much home you can afford can be difficult and feel overwhelming. You need to consider how much down payment your finances allow as well as the monthly payments you can realistically make before finding the right home. One term you will hear during the mortgage phase of buying a … Continue reading The key to understanding your mortgage payment

Refinancing can save homeowners a lot of money, but not for long

From Yahoo Homes 12/5/14 If you’ve been debating whether or not to refinance your mortgage, you may want to make a decision soon. That’s because many say that mortgage interest rates are going to rise in the coming months, potentially even topping 5 percent. Further, though rates have risen since last year, they are still … Continue reading Refinancing can save homeowners a lot of money, but not for long

What’s the biggest mortgage you can get?

From Credit.com 12/2/14   Buying or refinancing a home in a high-cost market and need a big mortgage loan? With such low interest rates and the various loan programs available in the lending environment today, determining which is best for you to successfully pull off your transaction can be no minor feat. Conventional Conforming Loans … Continue reading What’s the biggest mortgage you can get?