Tag: Mortgage

Posted on 08/27/2024
The who, what & why of servicing a loan
Mortgage servicers are companies responsible for the...
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Posted on 06/27/2024
Understanding the term of a mortgage
A major aspect of financing a home is choosing the “term”...
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Posted on 05/16/2024
Your guide to selling a mortgaged house
Selling a mortgaged house is a common real estate...
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Posted on 04/02/2024
Home refi: Refinance costs to consider
Refinancing your home can have major benefits: a lower...
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Posted on 03/12/2024
Financial health: How to choose your ideal 15-year mortgage
Mortgages can be a very flustering part of the homebuying...
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Posted on 11/01/2022
What is a mortgage prepayment penalty?
Mortgage lenders make money primarily through interest...
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Posted on 10/25/2022
Your quick guide to 30-year mortgage rates
Most homebuyers, even those just starting their first-time homeowner journey, have learned a thing or two about 30-year mortgages. For example, some 30-year mortgages will let you pay the mortgage down earlier than 30-years, while others may fix a prepayment penalty to that plan to make up the loss in revenue from the interest rate. But what about...
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Posted on 05/04/2021
Steps to Paying off Your Mortgage Quickly
Photo by ESB Professional via Shutterstock If the thought of getting a mortgage and being in that much debt is stopping you from buying a home, plan to pay it off. Here’s how you can do it in just five to 10 years. Live well below your means. If you can keep your mortgage payment to below twenty...
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Posted on 03/30/2021
From FHA to USDA - Choosing Your Mortgage
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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