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Can You Give a Relative a Gift of Cash for a Mortgage Down Payment? Yes – Here’s How

by guestadmin | Oct 20, 2015 | Home Mortgage Tips

A new house is a major investment. Even if you have a mortgage, the bank and the seller will still expect a sizeable down payment. That’s why lots of people regularly gift down payments to friends and relatives – it’s a great way to help young people...

Buying a Home This Fall? Here’s How Your Choice of Neighborhood Will Impact Your Mortgage

by guestadmin | Oct 15, 2015 | Home Mortgage Tips

If you’re planning to buy a home in the next few months, you’ll want to ensure you choose a great neighborhood to live in – not just because it can improve your quality of life, but also because it can help you get a mortgage. Neighborhood is a...

How Much Should You Budget for Closing Costs? Let’s Take a Look

by guestadmin | Oct 14, 2015 | Home Mortgage Tips, Home Seller Tips

If you’re in the market for a new home, you’re probably trying to budget for all of the expenses that come with a home purchase. After all, the asking price isn’t necessarily the entire amount that you’ll pay – there are other expenses...

The Pros and Cons of Paying Your Mortgage off Biweekly Versus Monthly

by guestadmin | Oct 7, 2015 | Home Mortgage Tips

If you have a mortgage, you’re probably looking for the best option to pay it off. Monthly mortgage payments are an easy-to-manage way to pay for your house – in fact, they’re the most common form of mortgage payment  but now, many homeowners...

Worried About Mortgage Rates Going Up? 3 Steps to Prepare Yourself Financially

by guestadmin | Oct 6, 2015 | Home Mortgage Tips

Mortgage rates have been at record lows for quite some time, making it easy for new homebuyers to finance their dream homes. But what comes down will eventually go back up, and with the world economy expected to rebound in 2016, we’re about to start seeing more...

Understanding the Jumbo Mortgage and Why Refinancing These Mortgages is Different

by guestadmin | Oct 1, 2015 | Home Mortgage Tips

It seems like everything is getting jumbo sized these days. Jumbo sized soft drinks. Jumbo sized fast food meals. Jumbo sized smartphones. But one thing that nobody thought would get jumbo sized? Is mortgages. So what exactly is a jumbo mortgage? How is it different...
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