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Understanding What a “Piggyback” Mortgage Loan Is and How It Works

by guestadmin | May 26, 2017 | Home Mortgage Tips

As a potential homebuyer who is new to the market, many of the terms and mortgage products available to you can be more than a little confusing. Piggyback loans might be a little less familiar than many other options, but if you’re ready to jump into the housing...

Thinking About a Second Mortgage on Your House? Here’s What You Need to Know

by guestadmin | May 24, 2017 | Home Mortgage Tips

Whether it’s to consolidate debt or make funds available for a home renovation, many people consider a second mortgage in order to make it possible to pursue other options. However, like any important financial decision, it’s important to be informed about...

The 10-year Mortgage: Why a Shorter Amortization Period Can Be Your Best Option

by guestadmin | May 19, 2017 | Home Mortgage Tips

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 or not you’ve heard...

You Ask, We Answer: What Are the Pros and Cons of Private Mortgage Insurance?

by guestadmin | May 12, 2017 | Home Mortgage Tips

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 in the near...

3 Classic Credit Mistakes to Avoid If You’re Trying to Secure a Mortgage Loan

by guestadmin | May 11, 2017 | Home Mortgage Tips

The mortgage application process can be fraught with a lot of stress on its own, but if you’ve experienced issues with your credit in the past it can be even more taxing. While there may be a lot of things you may not be aware of when it comes to their impact on...

What Fees Are Involved With a Reverse Mortgage? Let’s Take a Look

by guestadmin | May 10, 2017 | Home Mortgage Tips

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 a number of other costs associated with buying a home. If you’re considering a reverse mortgage and want to be clear on all...
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