Tag: Mortgage

Posted on 10/31/2024
Major Types of Veteran Mortgage Relief
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...
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Posted on 05/25/2023
Your guide to selling a mortgaged house
Selling a mortgaged house is a common real estate...
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Posted on 01/19/2023
How mortgage works: 3 Important questions answered
Getting a mortgage is a major part of the homebuying...
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Posted on 03/31/2021
Benefits of Shopping for Mortgage Rates
Photo by Nattanan Kanchanaprat via Pixabay Of course, you want to stay within your budget when buying a house. You certainly want value for your dollar. But a buyer should never lose sight of the fact what they truly desire is getting the home they want and that fits their needs. To that end, potential buyers may put...
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Posted on 02/03/2021
How Should Interest Rates Influence When You Buy?
Photo by Doubletree Studio via Shutterstock Interest rates rise in correlation to inflation and other economic activity. When that happens, it can increase housing costs. But the question is, should it prompt you to buy sooner than you’re ready? The Right Time Is Now In real estate, the right time is always now for someone. Is it the...
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Posted on 03/29/2020
Looking to Buy a Home? Let's Start with Your Loan
Photo by Nattanan Kanchanaprat via Pixabay If you’re in the market to purchase a home, it can be a confusing process. Interest rates, types of loans and what may apply to you can all sound like a foreign language. It’s always best to have some background knowledge before going to see a mortgage broker to make sure you’re...
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Posted on 01/26/2020
What are Prepayment Penalties?
Photo by Steve Buissinne via Pixabay Most are familiar with the key components of a mortgage: how much you're borrowing, what your interest rate is, how many years you'll be paying your mortgage back. There are many, however, who do not understand some of the finer details, including what prepayment penalties are and how they may affect you...
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