Tag: Mortgage

Posted on 12/26/2022
"Should I refinance my mortgage?" 3 Common reasons homeowners refinance
Homeowners refinance their mortgages for an assortment of reasons. Some reasons center around strictly wanting to pay off their homes faster and at better interest rates, while others may fall along practical life events or emergencies. If you find yourself asking, “should I refinance my mortgage,” try checking off a few boxes to help come to a decision....
Home Finance
Home Loans
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Posted on 05/16/2022
Understanding Who Is Eligible for a VA Loan
A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...
Active Duty
Eligibility
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Posted on 01/11/2021
Mortgage Options: Which One is Right for You?
Photo by Mastersenaiper via Pixabay When it comes to financing your home, you have a several mortgage options available. Each type of mortgage offers different advantages, so be sure to do research before applying. Below are some of the most popular types of mortgages borrowers may consider. Conventional Loans A conventional loan is a mortgage not insured by...
Mortgage
FHA Loans
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Posted on 09/21/2020
Points: How They Benefit You
Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...
Mortgage
PMI
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