Buying a home is a big step with many factors that need to be considered. Location, loan programs, interest rates and credit scores are just a few of the considerations. Rising rent prices on homes and apartments are leading more and more families to explore the option of homeownership. When exploring mortgage options your credit score will play an important part in the entire process. The...

Applying for a home mortgage loan can feel daunting. Knowing what a mortgage is, as well as how you can apply for one successfully, can help before you meet with a professional. When it comes to home loans, you will always want to seek professional guidance to help you make the best decision.

There are different types of loans. If you are in the process of...

Mortgage rates constantly fluctuate. There are always predictions floating around about where the mortgage rates are headed. Right now at this point, mortgage rates are great but where will they be a year from now?

What are indicators that the rate is getting ready to change? How are the predictions made? Experienced mortgage lenders know what to look for and provide the advice...

Buying a home is a big deal. Not only is it an obvious monetary commitment, but it is also a big milestone in life. Owning a home can help plant roots in a community and give you the opportunity to develop friendships with neighbors in a way that apartments simply can’t.

As a first time homebuyer, there are probably a ton of questions running through your mind. We have...

Around 65% of homeowners have a mortgage, although not all are created equal. Mortgage rates vary depending on the option you chose initially: fixed rates start off with a higher interest rate but stay the same for the entire length of your loan, while adjustable rates begin low for the first few years and then can vary remarkably.

Although the latter can seem...

As many of us have found out, it is essentially impossible to buy your first home up-front. This massive amount of capital is generally paid over the long-term, in the form of a mortgage. When a mortgage company calculates a potential monthly payment, it turns out not everyone is on equal footing — those with higher credit scores will typically find offers with better rates than those...

Buying a home is the biggest investment you will most likely ever make. Since most people are unable to pay hundreds of thousands of dollars upfront, you’ll need to take out a mortgage to cover what you can’t pay; to give you an example of what that might look like, the average new mortgage balance was $244,000 in 2017. Though there are a number of mortgage rates and...

Buying a home is an extremely exciting — but sometimes overwhelming — experience. In addition to determining whether or not you can even afford a house in the first place, there are a lot of other things to consider: how high is your credit score (the median mortgage borrower had a credit score of 754 in 2017), how much can you spare for a downpayment, and should you...

When you buy your first home, there are a lot of financial decisions to make. For instance, you’ll need to determine how much you can actually afford to spend on a home and whether you’ll need financial assistance. Since this is likely one of the most substantial purchases you’ll ever make, you’ll need to devote a lot of time and energy into figuring out how...