Did you opt for a mortgage with a term of 30 years? That doesn’t mean that you have to spend 30 years paying it off. While it may take a …
Budgeting for a Home
Contemplating the possibility of homeownership can be exciting. Contemplating the prospect of budgeting for a home? Not quite as thrilling. However, getting your finances in order before shopping for a …
What to Look for in a Mortgage Lender
Perhaps you’re excited about the possibility of purchasing your first home, or you’ve come across a house that you think will make an excellent investment property. Maybe you’re eager to …
Mortgage Broker vs. Direct Lender
What does hunting for a house have in common with the popular Choose Your Own Adventure books? Every decision that you make seems to lead to more choices. Consider this: How …
Comparing Mortgage Terms
When it comes to choosing a mortgage, factors like the interest rate and down payment requirements often get the lion’s share of the attention. However, thoughtful borrowers also pay attention …
VA Home Loan Benefits
If you’re making plans to become a homeowner and you qualify for a VA loan, one of the first items on your to-do list should be exploring the possibilities offered …
The Guidelines for Conventional Loans
When it comes to funding the purchase of new homes, there’s no question that conventional loans are a popular pick. According to the National Association of Home Builders, conventional loans accounted …
What Do I Need to Apply for a Mortgage?
What do I need to apply for a mortgage? This is a question that many would-be homeowners find themselves asking. While the exact answer will depend on your specific circumstances, …
Exploring FHA Loan Requirements
Home loans guaranteed by the Federal Housing Administration (FHA), FHA loans are designed to meet the needs of borrowers who might struggle to gain approval for a conventional loan. FHA …
What Does a Loan Officer Do?
What does a loan officer do? Whether you’re intrigued by a possible career path or an aspiring borrower interested in developing a better understanding of the people that you’ll be …
