In the market for a new home? You may have heard of Fannie Mae and Fannie Mac, but what do these government-sponsored enterprises actually do? In short, Fannie Mae buys mortgages from lenders, while Fannie Mac provides financing to mortgage lenders. This difference between the two can be confusing for consumers, so let’s take a […]

Your credit score is one of the most important numbers in your life. It can affect your ability to get a loan, rent an apartment, or even get a job. That’s why it’s important to make sure your credit score is as high as possible. There are a number of things you can do to […]

A bridge loan can be a great option for homebuyers who are in the process of getting a long-term mortgage loan. It is a short-term loan that helps borrowers cover the period of time between when they close on their new home and when the long-term mortgage comes through. Bridge loans usually have higher interest […]

When you’re buying a house, the closing process is one of the most important steps. This is when you finalize the purchase and become the legal owner of the property. In order to make sure everything goes smoothly, it’s important to understand what happens during closing and how long it usually takes. In this article, […]

No one knows when a natural disaster or a family emergency will strike. That’s why it’s important to have a contingency plan in place, just in case. A contingency plan is a roadmap for what you’ll do if something unexpected happens. It helps you stay organized and focused in a crisis, and can minimize the […]