Finance Articles, Home Loans, Mortgage
Are you ready to say goodbye to the days of renting and hello to your first home? This first-time home buyer’s guide includes all of the steps, tips, and advice you’ll need to jumpstart your home buying journey with confidence. Continue reading to...
Finance Articles, Home Loans, Mortgage
When it comes time to purchase a home, you’ll hear a lot about mortgage interest rates. What exactly are mortgage interest rates and how will they impact your home-buying process? Simply, a mortgage interest rate is the rate of interest charged on a mortgage. Your...
Finance Articles, Home Loans, Mortgage
When you first purchased a home, you borrowed money from a lender to pay the home seller. Now you’re making monthly loan payments to that lender to pay back the money that you borrowed. When you refinance your mortgage, you take out a new loan. This new loan pays off...
Finance Articles, Home Loans, Mortgage
Even though common thinking is that you need to put down 20% of your house price in order to secure a mortgage, many people put down much less. In fact, down payments can start at 0% and certain loans ask for around 3%. According to NerdWallet, the median down payment...
Finance Articles, Home Loans, Mortgage
You know you want to buy a home and you know how much money you have available for your down payment. But how can you figure out what you’ll have to pay each month for your dream house? First, there’s the principal, which is what you owe on the main part...
Finance Articles, Home Loans, Mortgage
Whether you’re buying a home for the first time or the fifth, the home-buying process can seem daunting. Thinking about all the documents and information you will need to gather during the home-buying journey can overwhelm even the most seasoned home purchaser. So,...