When you sit down to sign the papers to buy a home, you will most likely be required to pay closing costs. Mortgage closing costs are the fees associated with the home buying and lending process. What is included in my closing costs? The types of
Aug 22, 2018 | Purchasing a Home Refinancing a Home Conventional Loans
When you are in the market for a mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an adjustable rate mortgage (ARM). Both can be beneficial, depending on your situation. Learning the difference bet
Aug 15, 2018 | Purchasing a Home Fixed Rate Mortgages Adjustable Rate Mortgages Refinancing a Home
When you are ready to buy a home, whether for the first time or the tenth, it is always important to know how much you can afford to spend. This will help you narrow your home search and ensure you do not get in over your head financially. There are sever
Aug 08, 2018 | Purchasing a Home Preapproval Pre-qualification
If you are a military veteran or are currently serving active-duty, there is an incredible mortgage loan available to you through the Department of Veterans Affairs – the VA loan. VA mortgages are made through regular lenders but backed by the Depar
Aug 01, 2018 | VA Loans
FHA loans (those sponsored by the Federal Housing Administration) are mortgages that allow low down payments and have relaxed credit score requirements, making them very popular with first-time homebuyers and those with less-than-perfect credit. If you th
Jul 25, 2018 | FHA Loans Government Loans
If you are buying a home or refinancing, you have probably heard about “mortgage points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circumstances is not worth the upfront cost. Ho
Jul 18, 2018 | Purchasing a Home Interest Rates