The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a good solid loan structure beloved by lenders and borrower
Nov 01, 2022 | Purchasing a Home
If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to do that, turn to tr
Oct 31, 2022 |
A new Down Payment Assistance program just rolled out, which helps more than just first-time home buyers! Here's what you need to know... You DO NOT need to be a first-time home buyer to qualify! There are also no income limits. Here's how it works: Th
Oct 27, 2022 | FHA Loans Purchasing a Home
Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it probably made a lot of sense at the time and helped you s
Oct 25, 2022 | Interest Rates
Did you know Doctor Loans are for more than just Doctors?! Eligible borrowers include Physician's Assistant, Medical Residents, Registered Nurse, Nurse Anesthetist, new, and established Doctors! Even if you’re yet to realize your full earning potential
Oct 21, 2022 |
The Federal Reserve’s September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world? Fed Rate Hikes The Federal Reserve is in charge of maintaining a healthy level of inflation and employment in the U.S
Oct 18, 2022 | Interest Rates