Tag: Mortgage

Posted on 03/26/2023
What is the mortgage: Understanding mortgage basics
For many, the concept of buying property seems completely...
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Posted on 12/11/2022
The basics of recasting your mortgage payments
Recasting mortgage payments is a little-known gem when it comes to homeowner finances. It’s often viewed as a method to lower monthly payments without extending the length of your loan term. But what exactly is mortgage recasting? Are there any disadvantages to it? What about my interest rates? Will my overall loan balance increase or decrease? Here’s a...
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Posted on 10/23/2022
What is APR? Mortgage terms explained
When searching for a mortgage, many homeowners might...
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Posted on 10/16/2022
3 Common Fears About Homebuying
Buying a house can be a source of tremendous stress for many. It’s extremely common to feel overwhelmed and nervous about specific aspects of the process. Luckily, there are some answers to the scariest questions to help ease your mind. Here are some of the biggest homebuying fears and what to do about them: “What if I don’t...
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Posted on 12/19/2021
Are Land Contracts Good for Sellers?
A land contract is a type of seller financing that has many benefits both for buyer and seller. In a land contract, the seller provides credit instead of a lender or bank. The buyer makes their regular payments to the seller directly. Once the total price is paid in full, the seller gives the buyer the title to...
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Posted on 06/07/2020
Easy Steps Credit Steps for Preapproval
Photo by Pixabay via Pexels Thinking of buying a home in the near future? You're going to need a preapproval. This tells real estate agents that you're serious about the home-buying process, and it alerts sellers that you're a solid, low-risk candidate. Preapprovals aren't always easy to score, however. And if you're someone who's had a few credit...
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