Many people wonder if they should pay points on a mortgage in order to get a lower interest rate. This is a tough decision because you need to weigh the … Read more
Surprisingly Easy Way to Decide if Points on a Mortgage are Worth the Money
What is PMI (Private Mortgage Insurance)?
PMI (Private Mortgage Insurance) Explained PMI, also known as private mortgage insurance, can be a complicated subject to understand. For those who plan on obtaining a mortgage license in the … Read more
The difference between a Mortgage Lender and a Mortgage Broker
Entering into business as a mortgage professional can be a difficult challenge. Regardless of whether you want to work for a mortgage lender or a mortgage broker, you’ll need to … Read more
What are the advantages of a reverse mortgage
Reverse mortgages convert a home’s equity into tax-free income for a senior homeowner. There are many advantages to acquiring a reverse mortgage. Some of these, as compared to traditional loans … Read more
What is a Portfolio Lender?
Understandinging Portfolio Lenders Your credit is good. You make enough cash, and it is clear that you can qualify for a mortgage. But why did the lender recommend a portfolio … Read more
What is a Conventional Mortgage and Why Would You Get One?
What is a Conventional Mortgage and Why Would You Get One? Shopping for a mortgage can be a long and confusing process. With so many different products to choose from … Read more
What are the advantages and disadvantages of a VA Loan for you next Home purchase
Veterans Affairs home loans are a popular choice with military home buyers. Not just for Veterans, these loans are also available for service members and surviving spouses. VA home loans … Read more
An Overview of Different Mortgage Types & How to Choose
Buying a home is one of the biggest purchases you will ever make. Your dream home will not stay on the market forever, and chances are that you do not … Read more
What is an FHA Home Loan?
What is an FHA Home Loan? FHA stands for “Federal Housing Administration.” The Federal Housing Administration home loan program is a specially designed program administered under the umbrella of the … Read more
How Do Construction Loans Work?
Everyone dreams of building a brand new home from the ground up to their exact specifications. However, many believe this dream is too far-fetched and simply out of reach. Could … Read more