- Looking to Buy a Home? 3 Ways to Up Your Credit Game
If you’re in the market for a house then you’re in the market for a loan, and the best way to lock down a good interest rate on that loan is to supercharge your credit score. Without good credit, you ...
- Home Renovations that Pay Off
Whether you are preparing to sell your home or just looking to make some smart renovations as an investment, there are certain upgrades that may have a bigger impact than others. Today’s home buyers can be quite persnickety when it ...
- Natural Wood Vs. Engineered Flooring
Homeowners are frequently engaged in that old fight between timelessness and technology. One such example of this struggle is the choice between natural hardwood and engineered wood flooring. Each product has its pros and cons, and your choice should ultimately ...
- How Much Homeowners Insurance Do You Need?
Whether you’re a first-time homeowner or a complete veteran, the subject of homeowners insurance can still feel overwhelming. There are many factors to consider when deciding on an insurance policy, and one of the most important is determining exactly how ...
- How Important is Your Credit Score When Getting a Home Loan?
You are ready to apply for a home loan and make your dreams a reality. You have a great job, little debt, and a wonderful future ahead of you. Perhaps your credit score is not great, or maybe you have ...
- Boost Your Emergency Fund in 6 Steps
According to financial experts, it’s a good idea to have six months to a year’s worth of savings set aside to cover emergencies that may occur. If you are like many people, the thought of setting aside even a small ...
- Homeowner Tax Deductions Simplified
Whether you just bought your first home or have a second home, the costs associated with home ownership can be high. The good news is that owning a home may help reduce your tax bill. Here’s an overview of homeowner ...
- Fix these 8 Things that are Hurting Your Home’s Value
Real estate agents coast to coast know the first three things that determine a home’s value are all location. But if you, like the vast majority of homeowners, are not blessed with a chic zip code, there are plenty of ...
- Thinking of Buying a Second Home?
Not everyone is in a position to buy a home rather than rent, and even fewer are in a position to buy a second home as an investment property. As a result, it can be even tougher to navigate the ...
- Where to Get a Mortgage - Online, Broker or Elsewhere?
Many of us shudder at the thought of money talk, especially when it comes to the thought of how to finance a major life purchase such as a house. Perhaps the uncertainty for the conversation comes from not fully understanding ...
- 6 Quick & Easy Kitchen Updates You Can Do This Weekend
It’s no secret that the kitchen is the heart of the home. Our kitchens are where we spend most of our time. Did you know that it is also one of the first rooms visited by prospective buyers or renters? ...
- How Mortgages Work
Get the low-down on how mortgages work, plus info on actual costs and your loan options.
- Avoid Home Equity Loan Mistakes
Is tapping home equity a good idea? A home equity loan or home equity line of credit, known as a HELOC, can be a tremendous help to a homeowner, providing funds for needed renovations and repairs or some other practical purpose. The loans ...
- How Can I Improve My Credit Score?
What are some ways to improve my credit score? For many borrowers, only one thing stands in the way of securing a home loan: their credit history. The mysterious three-digit numbers that lenders rely on for approval decisions imparts a lot ...
- What Is Included in Homebuyers' Closing Costs?
As anyone who has bought a home knows, the property's purchase price is only part of what a homebuyer is obligated to pay as part of a conventional or FHA loan.
- Buying a home on a budget
Find a house that fits your finances A mortgage calculator can give you a useful number at the beginning, but it’s only part of the picture you’ll need to decide what fits in your price range. In achieving the happy homeownership dream, ...
- What is Seller Financing?
What to Know About Seller Financing Do you think that brick-and-mortar mortgages are the only way to buy a house? Think again. For motivated parties, seller financing offers a wide variety of benefits – for both buyers and sellers. Ideally, sellers who ...
- 15 Year Mortgages and 30-Year Mortgages
Betting on a 15-Year Mortgage Want to save hundreds of thousands of dollars over the life of your mortgage? Are you willing to sacrifice a fancier lifestyle to support a philosophy of savings and frugality? If so, consider the 15-year mortgage. Conservative, ...
- Lease-Option Deals And Income Taxes
Unlike traditional rent or purchase agreements, the lease-option deal offers investors and tenants little in the way of obvious tax benefits.
- What is an FHA Loan?
FHA loans are insured by the Federal Housing Administration and designed to make homeownership affordable, especially for first-time home buyers.
- Fixed vs. Adjustable Rate Home Loan
Two of the most popular types of home loans include fixed rate loans and adjustable rate loans, or ARMs. Fixed rate loans have a steady interest rate over a specific period of time, usually between 15 to 30 years.
- Should I Refinance My Interest Only Mortgage?
An Interest only mortgage is exactly what it sounds like — a type of mortgage that allows a buyer to pay only the interest (rather than the principle and interest) due on the mortgage each month.
- What's a VA Mortgage And Can I Get One?
he Veterans Administration loan program for military veterans is designed to make home ownership affordable with little to no money down.
- 10 Questions To Ask Before Getting a HELOC
Not sure what to ask when comparison shopping for the best home equity line of credit? This convenient checklist covers the important points to address when shopping for a home equity line of credit or HELOC.
- Interest-Only Mortgages
Interest-only mortgages are a special mortgage type that allows buyers to buy more house with less money.
- Mortgage Duration and Interest Rates
The rate of mortgage interest is typically associated with the duration of the mortgage, so one way to get a lower interest rate is to take out a shorter home loan.
- Prepay to Save Money on a Mortgage
Prepaying a mortgage can save tens of thousands of dollars over the life of the loan, plus it's easy to do once you understand the basics about mortgage interest and mortgage principal.
- Adjustable and Fixed Rate Mortgages Explained
Mortgages Explained: What mortgage type is best for me?
- Do you know your cap rate?
You know if you have an adjustable rate mortgage, of course, but do you know your cap rate? Adjustable rate mortgages, commonly called ARMs, have periodic and lifetime cap rates.
- The Components of a Monthly Mortgage Payment
What are all the fees included in a monthly mortgage payment?