Blog : Mortgage Basics

Empowerment through Education
Mar 8, 2018
Purchasing your first home can be an exciting but stressful time, especially when every dollar counts. In most instances, the fear of prospective homeowners involves what they don't know regarding the financing and purchasing process. Even if you think there may be programs designed to assist you, finding and navigating them can feel like an exercise in futility. It may be easy for someone to t...
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Feb 8, 2018
If a sizable down payment is the only obstacle between you and your first home, good news awaits. You might believe that you need to build up a 20% down payment to buy a home, but that’s not true in most cases, especially for first-time home buyers. You might be able to get a no (or very low) down payment mortgage if you know where to look. The pros and cons of a larger down payment There are s...
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Jan 31, 2018
Are you ready to buy a house but not sure how much you can afford? Don’t start house shopping without a set budget – it can lead to frustration and wasted time. To know what’s in your price range and shop smart, you need a mortgage pre-approval letter. What’s a Mortgage Pre-approval?  The pre-approval is a letter that proves a bank or lender vetted your credit and you’re eligible for a home mor...
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Jan 16, 2018
Buying a home is one of the biggest decisions of your life—no pressure! The good news is that doing your research in advance will pay off for you big time. In this blog, we’ll go over a few ways that you can save time and money when going through the home purchase process.  How to Save Money When Buying a Home 1. Do the Math on Renting vs. Buying The “American dream” of homeownership is definit...
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Oct 14, 2017
With the Fed implying a lean towards raising the rates one last time before the end of 2017 (expected in December), many homeowners are asking “Should I refinance my mortgage now?” State Of The Union: Refinancing & Rates On The Rise “Even with rates rising, it will still make sense for many homeowners to refinance a current home loan.  With proper education and guidance, homeowners will be able...
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Whether you own a home, starting the home-buying process, or getting your feet wet with knowledge – We'll keep you up-to-date with relevant posts packed with tips and advice. Our home loan experts bring you engaging and useful posts each week.