Jun 6, 2018 | Home Buying Tips, Home Loans
We know that many potential homeowners can be surprised by the number of closing costs that are involved with buying a new home. It’s important to remember that buying or refinancing a home is a complex financial transaction, and there are several 3rd parties that are...
May 27, 2018 | Home Buying Tips, Home Loans
The home loan process can be confusing and unfamiliar – especially for first time home buyers. If you’ve decided to purchase a new home, you may be wondering where to get started and how to get a mortgage? To help with all of those questions, we’ve put together this...
May 23, 2018 | Home Buying Tips, Mortgage Basics
Did you know that a homeowners net worth is between 31 and 46 times greater than the net worth of a typical renter? That fact is pretty astounding, and one that greatly favors homeownership. As you consider purchasing a home of your own, it’s important to make sure...
May 17, 2018 | Home Buying Tips
If you’re contemplating buying a home, one of the primary questions you may be asking yourself, is “How much home can I afford?” While you might have a general idea of how much you can afford per month, it’s hard to know how that actually translates into a home...
Apr 14, 2018 | Home Buying Tips, Mortgage Basics
Adjustable Rate Mortgage (ARM): Mortgage in which the rate of interest is adjusted based on a standard rate index. Most ARM’s have a cap on how much the rate may increase. Amortization: The process through which the mortgage debt is altered usually declining, as...
