From ‘down payment’ to ‘adjustable rate’ to ‘debt-to-income’ ratio, there are so many terms involved in the mortgage process that it can be hard to learn them all and keep them straight. However, whether you’ve heard it, the term ‘amortization period’ might be one of the most important ones associated with your financial well-being. If… Continue reading The 10-year Mortgage: Why a Shorter Amortization Period Can Be Your Best Option
There are plenty of things that you’ll need to shape up when you embark on selling your home, whether it’s painting the house or the minor fix-ups, but it’s easy to forget about some items that will be clear to homebuyers. If you’re preparing to put your home on the market and are wondering what… Continue reading Yes, It’s True! Why Replacing Your Front Door Can Help to Sell Your Home Faster
Investing in a home may be one of the most significant purchases you’ll make in your lifetime, but many people forget that there are several other costs associated with buying a home. If you’re considering a reverse mortgage and want to be clear on all fees involved, here are a few things you can… Continue reading What Fees Are Involved With a Reverse Mortgage? Let’s Take a Look
Most homeowners get used to a certain aesthetic in their own home that they’re comfortable with, but if you’re putting your home on the market it may be time to get rid of some of the old familiarities. While it won’t be worth your time or money to renovate everything, here are a few design-style… Continue reading 4 Dated Design Features to Get Rid of Before Listing Your Home for Sale
It’s easy to get Private Mortgage Insurance (PMI) confused with homeowners’ insurance, but PMI is an entirely different thing that may or may not be necessary when it comes to your home purchase. If you’re going to be investing in a home soon and are wondering what PMI may mean for you, here are… Continue reading You Ask, We Answer: What Are the Pros and Cons of Private Mortgage Insurance?
Without a doubt, it can be both overwhelming and exciting to find your dream home and be able to put the money down for it. However, there are a lot of things to know before signing on the dotted line so you can avoid buyer’s remorse. Instead of going it alone, here are a few… Continue reading 5 Things That First-time Home Buyers Wish They Knew Before They Signed
It may feel like a very daunting task to consider buying a home after you’ve declared bankruptcy, and there’s no doubt that it’s an uphill battle. Fortunately, while you’ll have hard work ahead, there are things you can do to make your dream of home ownership a possibility. Whether you’ve just declared bankruptcy or… Continue reading Can I Qualify for a Mortgage After Declaring Bankruptcy? Yes — and Here’s How