Tag: Mortgage

Posted on 12/15/2024
How much should you spend on a down payment on a house?
A major step in the homebuying process is paying the down...
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Posted on 05/07/2023
Owning a home: What is the mortgage?
For many, the concept of buying property seems completely...
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Posted on 10/02/2022
Understanding the fixed rate mortgage definition
To choose the right mortgage loan, it’s important to...
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Posted on 10/17/2021
4 Reasons Why Down Payment Amount Matters
Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...
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Posted on 06/13/2021
Your Loan: The First Step to Buying a New Home
Photo by Nattanan Kanchanaprat via Pixabay If you’re in the market to purchase a home, it can be a confusing process. Interest rates, types of loans and what may apply to you can all sound like a foreign language. It’s always best to have some background knowledge before going to see a mortgage broker to make sure you’re...
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Posted on 07/12/2020
FHA, VA and USDA Loans and How They Differ from Conventional Mortgages
Photo by Alexander Stein via PixabayWhen it comes to a mortgage, most of us think of the same standard product; the 15 or 30 year conventional mortgage offered by banks and lenders. This is not the only mortgage option you have, though. Depending on your personal history and circumstances you may qualify for an attractive mortgage with lower...
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