mortgage Blog Articles

Five Options for Buyers Facing a Low Bank Appraisal

Five Options for Buyers Facing a Low Bank Appraisal

You’re on your way to buy a new home, congrats! You’ve found the one you love… your offer has been accepted… you’ve completed the inspection with little-to-no issues… you’re almost there, right? There’s just one more hurdle before you’re ready to sign on the dotted line and finance your home—the home appraisal. If you’re seeki

Mortgage Matters - How to Choose One That is Right for You

Mortgage Matters - How to Choose One That is Right for You

When it comes to purchasing a new home, buyers are typically excited about choosing the options that are most important to them. Flooring, countertops and other fixtures may top their lists. But does that excitement carry over to a buyer’s home loan? Not always. When you apply for a mortgage, you may feel like your only options are approval or denial. But there are choices when it comes to

Before You Borrow, Understand Home Renovation Loan Options

Before You Borrow, Understand Home Renovation Loan Options

A screened-in patio, updated countertops, and new flooring… summer is often the season when people decide to make major renovations to their homes. Do you have big plans for your home, but are not sure you have the proper funds to make them happen? There may be financial help to get your project from demolition to done. There are many types of home renovation loans that are designed to h

Five Things You Should Know About Homeowners Insurance

Five Things You Should Know About Homeowners Insurance

If you’re new to buying a home this summer, you’ve probably been advised that you’ll need to factor in the cost of homeowners insurance. While it is something you pay on a monthly basis, it typically is covered in your mortgage payment. For some homeowners, insurance can even be something that’s out of sight—and out of mind—until you need it most. Even vetera

Five Must-Dos for Unmarried Couples Who Want to Buy a Home Together

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Five Must-Dos for Unmarried Couples Who Want to Buy a Home Together

With June’s arrival, summer wedding season will be in full swing. But, today, more and more couples are foregoing their nuptials and taking a financial leap into mortgage matrimony. It is becoming more popular for couples to buy a home before tying the knot. If a legally binding mortgage sounds more appealing than a legally binding marriage for you and your partner, you’ll need to b

Don’t Be Confused. These Mortgage Misunderstandings Can Cost You

Don’t Be Confused. These Mortgage Misunderstandings Can Cost You

The spending season is upon us. But, that doesn’t mean you should be spending in excess everywhere you go. Just like you may be waiting for the best deals on those perfect holiday gifts, you also should be aiming for the best deal if you’re shopping for a home mortgage. Unfortunately, just like the flurry of holiday sales can have you confused about what price is best, a few mortgag

APR, ARM, O-M-G! 10 Mortgage Terms You Need to Know

APR, ARM, O-M-G! 10 Mortgage Terms You Need to Know

Now that we’re all done gazing at the solar eclipse and some of us have sent our little students back to class, it is time for us to hit the books and learn a bit about everyone’s favorite topic… mortgages! If you’re paying a mortgage each month, it is likely one of your largest expenses. If you’re interested in buying a home, it may be one of your biggest stresso

Should I Refi?! Why it May or May Not Be Time to Refinance Your Mortgage

Should I Refi?! Why it May or May Not Be Time to Refinance Your Mortgage

If you own a home, maybe you haven’t been paying too much attention to the low lending rates that are currently – and have consistently – been offered by banks and mortgage lenders across the nation. But, maybe you should be! Because, along with those consistently-low lending rates, come the consistent numbers of homeowners who are taking advantage of lowering the annual perce

Stop Procrastinating with your Finances - It Can’t Wait!

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Stop Procrastinating with your Finances - It Can’t Wait!

Are you the one always waiting until the last minute to do… well, everything? Typically, it’s probably no big deal. Sure, you can hit up Target for just about anything you need before a party, school or work. But, when it comes to the financial side of life, even a little procrastination can cost you… a lot, actually. So, if you’ve got financial goals, like buying a ho

You Know a Lot about Your Credit Score. True or False?

You Know a Lot about Your Credit Score. True or False?

If you’re planning to buy a home and you’re going to be applying for a mortgage, you’ve probably been advised to pay more attention to your credit score. But, once you find out what your credit score is, what if you want to work on improving it? Where do you start? Do you really know what factors contribute to your credit score? Test your financial knowledge by taking a look a