Tag: Mortgage

Posted on 09/16/2024
Mortgage points: Pros and cons of prepaid mortgage interest
When buying a home, many homebuyers tend to search for the...
Home Finance
Home Financing
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Posted on 08/12/2024
Financial real estate terms buyers should know
The more real estate terms you understand, the more...
Down Payment
Fair Market Value
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Posted on 07/22/2024
How long does it take to buy a house? Major factors to consider
If you’re interested in purchasing property, you might be...
Home Buying
Home Buying Process
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Posted on 07/15/2024
VA Loans: Major Benefits to Consider
The U.S. Department of Veterans Affairs has helped countless veterans finance their home ownership goals. While you have the choice of a conventional loan offered by other mortgage lenders, there are some significant benefits to VA loans. Here are some of the most important advantages to consider: No Down Payment The most famous benefit of VA loans is...
Loan Beneftis
Loans
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Posted on 02/13/2023
Online preapproval: How to make your mortgage process easier
When preparing to buy a home, many potential buyers...
Mortgage Preapproval
Mortgage
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Posted on 10/10/2022
Is an FHA Loan Right For You?
If you're in the market for your first home, there's a good chance you'll need to take out a mortgage. One of the most popular mortgage types (especially for first-time buyers) is known as a Federal Housing Administration (FHA) loan. What is an FHA Loan? Specifically, an FHA loan refers to one that is backed and insured by...
FHA
Fha
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Posted on 09/05/2022
Are Your Eligible for a VA Loan? Basic Info to Know
A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...
Active Duty
Eligibility
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Posted on 08/24/2020
Mortgage: What are Points?
Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...
Mortgage
PMI
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