Tag: Mortgage - John Mahan

Tag: Mortgage

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

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...

Posted on 09/03/2023

Mortgage prepayment penalty: What you need to know

Mortgage lenders make money primarily through interest...

Prepayment Penalty

Prepayment Penalties

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

Posted on 04/23/2023

Selling a mortgaged house: A basic guide

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

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:...

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...

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...

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