Understanding Mortgage Insurance and the Difference Between FHA, VA and USDA Mortgages

by guestadmin | Dec 9, 2014 | Home Mortgage Tips

Are you thinking about using mortgage financing to buy a new home? If so, you’ve likely heard about mortgage insurance policies requirements and you may be wondering how they will affect you. In today’s blog post we’ll explore mortgage insurance and...

Understanding the Difference Between a Mortgage Pre-qualification and a Pre-approval

by guestadmin | Dec 3, 2014 | Home Mortgage Tips

If you’re in the market for a new home and you’ve been researching mortgages, you’ve likely come across the terms “pre-qualification” and “pre-approval”. While these terms are self-explanatory in some circumstances, they are...

The LTV Ratio: How ‘Loan-to-Value’ Works and Why You Need to Understand This Ratio

by guestadmin | Dec 2, 2014 | Home Mortgage Tips

Are you in the market for a new home? If you plan on using mortgage financing to buy your next home you’ve likely heard the phrase “loan-to-value” or the acronym “LTV” before. Let’s take a quick look at the loan-to-value ratio...

Buying a Home with a Mortgage? A Quick Guide to Closing Costs and What to Expect

by guestadmin | Nov 25, 2014 | Home Mortgage Tips

Whether you’re just starting to shop for a new home or you’ve already found the perfect new house and you’re ready to submit an offer, if you’re taking out a mortgage loan to cover some of the home’s purchase price you should be aware of...

USDA Mortgages: Take Advantage of These Low-Rate Mortgage Loans to Buy a New Home

by guestadmin | Nov 21, 2014 | Home Mortgage Tips

Are you thinking about buying a home in a rural or suburban area? If so, you’ll want to take a look at the United States Department of Agriculture’s mortgage programs as you may qualify for them. In today’s blog post we’ll introduce the USDA...

Three Key Tips to Help Ensure Your Mortgage Pre-Approval Isn’t Declined

by guestadmin | Nov 19, 2014 | Home Mortgage Tips

If you’re thinking about buying a new home and using a mortgage to help cover some of the purchase costs, it’s a good idea to get an initial pre-approval from your lender before putting in an offer. In today’s blog post we’ll share three quick...