Tag: Mortgage

Posted on 01/01/2024

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...

Buyers Remorse

Down Payment

+ 10 more

Posted on 07/24/2023

What is the term of a mortgage? Your questions answered

A major aspect of financing a home is choosing the “term”...

Adjustable Rate Mortgage

Fixed Rate Mortgage

+ 2 more

Posted on 05/08/2023

Quick basics of mortgage points

Mortgage points can be a confusing topic, especially if...

Homebuyer

Homeowner

+ 3 more

Posted on 02/27/2023

Understanding Home Prices: Key Factors to Consider

Housing prices are constantly changing, which can make both buying and selling a home more complicated. While it’s difficult to predict future changes, it’s important to understand the key factors that affect the housing market and home prices. Here are the five major things that affect housing prices: Economic Change The overall health of the economy is a...

Economy

Home Prices

+ 7 more

Posted on 02/06/2023

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...

Mortgage

+ 4 more

Posted on 08/22/2022

Here's Why You Should Consider a Bigger Down Payment When Buying a Home

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

+ 13 more

Posted on 04/05/2021

Seller-Financed Mortgage: What Is It?

Photo by Charles Thompson via Pixabay A vast majority of homebuying transactions rely on the buyer qualifying for a mortgage through a bank. After all, most people don't have enough cash lying around to buy a home outright. Nowadays, you have more options with different types of lenders and alternative financing companies where you can seek pre-approval online....

Mortgage

+ 3 more