Mortgage News Daily: Getting a Pulse on Refinance The sun is shining and the birds are chipping, its a great day! But, is it a great day to refinance your mortgage? You may be able to get a lower interest rate or shorter term by refinancing, but you’ll want to make sure you do your […]
Let’s Play Mortgage Jeopardy! Category: What is a Mortgage. A mortgage is one of the most important things you’ll ever sign in your life. It’s a loan taken out to purchase a home, and it can be a little confusing to understand. This article will break down what a mortgage is, the different types available, […]
First responders are people who put their lives on the line to help others. Many first responders struggle to get approved for a mortgage because of their job. They often have to work odd hours, which can make it difficult to meet the requirements set by traditional lenders. Fortunately, there are now several mortgage programs […]
What’s Included in a Mortgage Payment? Well it’s kind of like breaking down dance moves. Mortgage Payments can be nothing short of confusing, just but if you have the right person to break it down for you it’s easy to comprehend and way less stressful. Just like the electric slide, cha cha slide or even […]
When you apply for a mortgage, lenders execute financial calculations to determine whether or not you qualify for a loan. Therefore, you should become familiar with the debt-to-income ratio (DTI) before buying your home. This formula will help you understand what lenders are looking for when approving loans and how to ensure your financial health […]