Tag: Mortgage

Posted on 04/06/2025

A Basic Guide to Veteran Mortgage Relief Options

If you have a VA loan, the U.S. government has options in place to assist you in case of financial hardship. There are multiple programs available to help you avoid late payments and foreclosure if your mortgage meets eligibility. Here are the major veteran mortgage relief options to know: Refund Modification A refund modification affects the principal and...

Mortgage

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Posted on 01/07/2024

The basics of a 15-year fixed mortgage

Prospective homebuyers and current homeowners know that a...

15 Year Mortgage

Fixed Rate Mortgage

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Posted on 12/24/2023

Mortgage points: Pros and cons of prepaid mortgage interest

When buying a home, many homebuyers tend to search for the...

Home Finance

Home Financing

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Posted on 09/03/2023

Mortgage prepayment penalty: What you need to know

Mortgage lenders make money primarily through interest...

Prepayment Penalty

Prepayment Penalties

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Posted on 06/18/2023

Mortgage basics: A brief 30-year mortgage guide

Most homebuyers, even those just starting their...

15 Year Mortgage

30 Year Mortgage

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Posted on 04/23/2023

Selling a mortgaged house: A basic guide

Selling a mortgaged house is a common real estate...

Mortgage

Home Selling

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Posted on 09/25/2022

Getting preapproved for a mortgage: How it benefits you

Getting preapproved for a mortgage is an important part of the home buying process. While technically not required before you begin your home search, there are some key advantages to getting preapproval from a lender before you get too deep into the process. Here are some of the main reasons why to consider getting preapproved for a mortgage:...

Home Buying

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Posted on 01/02/2022

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...

Down Payment

Financing

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Posted on 06/07/2020

Why It's Critical to Shop for Mortgage Rates

Photo by Nattanan Kanchanaprat via Pixabay Of course, you want to stay within your budget when buying a house. You certainly want value for your dollar. But a buyer should never lose sight of the fact what they truly desire is getting the home they want and that fits their needs. To that end, potential buyers may put...

Mortgage

Mortgage Rates

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