Our Latest Blogs
Mortgage Rate Trends for 2016
Today’s mortgage interest rates are extremely low which means that homeowners pay lower monthly payments. Currently, it’s cheaper to own a home than to rent in many U.S. housing markets and home buyers are definitely taking advantage of it. However, these low mortgage rates are actually not a normal trend in the housing market and they’re expected to change soon. Mortgage interest rates have a historical 30-year average of 8.375% and today’s rates are less than that. We’re sharing everything
Mortgage Questions to Ask Your Lender
Each person has a one-of-a-kind perspective when looking to buy a home. You have a unique financial history and a different set of goals to reach than any other person looking to buy home. That is why it is important to ask mortgage questions about your individual home buying outlook. These are a few important questions to ask your lender when your are looking to buy a home. How much home can I afford? The amount of home you can
Mortgage Payment Calculator
Using a mortgage payment calculator is a great place to begin if you are thinking about buying a home or refinancing your current mortgage. An online mortgage calculator can be a great tool to estimate your potential monthly mortgage payment. Adjusting the numbers in each field can help you take a look at the numbers that factor into your mortgage payment. We have mortgage calculators that are perfect for buying a home, refinancing your current mortgage, or taking a look
Mortgage Loan Process Do’s and Don’ts
These are some basic guidelines for keeping your mortgage loan process as quick and easy as possible. Since no checklist can cover every situation, the most important thing to remember is to make your lender aware of any potential changes to your income, assets, or debts. We are here to help; don’t hesitate to call us with any questions or concerns. The Mortgage Loan Process “Do’s” DO begin shopping for your property insurance. You will not need evidence of insurance
Mortgage Loan: How Maintaining a Good Credit Score Helps You Save Money
When you are looking to buy a home or refinance your current mortgage having a good credit score will help you save money. Lenders need to know that their customers will use the credit that they extend, responsibly. This is why your credit history and credit score are an important factor in obtaining a mortgage loan. Maintaining a good credit score is the best way to show that are you a trustworthy candidate for financial investments. The purpose of this
A Guide to First Time Home Buying
If this is your first time home buying experience, be prepared to learn a lot of new information. Buying a home is often the largest purchase that most people will make in their lifetime. It is important to be prepared for the big decisions ahead. We want you to have the best experience possible with buying your first home. These steps will serve as a smart guide for getting started. Get Pre-Approved Being pre-approved for a mortgage loan is the
Monthly Budget Analysis & Planner
What do you really want? Is it owning your own small business or buying a home? Do you know how much money your spend each month on entertainment, eating out, or subscription services? Taking a comprehensive look at your monthly spending habits can help you reach your financial goals. There is an advantage to knowing exactly where your dollars are going each month. Consider using a monthly budget analysis worksheet to help you track your money. Writing it all down
Millennials Have Great Home Buying Potential
There is no shortage of information on the internet that approaches the topic of Millennials with negativity. However, we have a different perspective on the American generation in their 20s and 30s. Millennials have great home buying potential. Here are a few reasons why we are impressed with the Millennial Generation: The Information Age This generation of young adults may be the first generation to fully embrace the information age. At any time they can find the answers to their
