Tag: Mortgage

Posted on 06/21/2024

How to Know if You're Eligible for a VA Loan

A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...

Active Duty

Eligibility

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Posted on 12/01/2023

Home loans: Common repayment options for a 30-year mortgage

30-year mortgage rates are the norm among mortgage rates....

30 Year Mortgage

Home Loans

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Posted on 11/04/2022

3 Reasons to consider refinancing your mortgage

Homeowners refinance their mortgages for an assortment of reasons. Some reasons center around strictly wanting to pay off their homes faster and at better interest rates, while others may fall along practical life events or emergencies. If you find yourself asking, “should I refinance my mortgage,” try checking off a few boxes to help come to a decision....

Home Finance

Home Loans

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Posted on 10/07/2022

Home refinance costs to consider

Refinancing your home can have major benefits: a lower monthly payment, cash use of home equity for a variety of purposes, generate more appetizing mortgage terms, etc. However, there are a few things to remember when entering into a mortgage refinance, like refinance cost. Here are a couple of cost options to remember when you’re ready to refinance...

Costs Of Refinance

Home Finance

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Posted on 03/19/2021

Home Buying Journey: 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...

Homebuying

Loan

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Posted on 01/29/2021

Common Mortgage Options and Their Benefits

Image by mohamed Hassan from Pixabay Most homebuyers take out a mortgage when they purchase a house, and there are several different types of mortgages to choose from. Here are some of the more common mortgage options and the benefits of each one. Conventional 30-Year Fixed Mortgages Perhaps the standard starting point for a mortgage is the conventional...

Loans

Home Loan

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Posted on 06/26/2020

Mortgage vs. Investing: Which is Better for Your Finances

Photo by Andrey_Popov via Shutterstock Often, when discussing ways to get out of debt, the subject of “mortgage versus investments” comes up. If you have a mortgage, your monthly budget likely revolves around paying it first, meaning investment ideas take a back seat. One way to free money up to invest is to pay off the mortgage, and...

Mortgage

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Posted on 05/01/2020

FHA, VA and USDA Loans and How They Differ from Conventional Mortgages

Photo by Alexander Stein via PixabayWhen it comes to a mortgage, most of us think of the same standard product; the 15 or 30 year conventional mortgage offered by banks and lenders. This is not the only mortgage option you have, though. Depending on your personal history and circumstances you may qualify for an attractive mortgage with lower...

Mortgage

Loans

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