Articles

Is a Home Equity Loan a Good Fit for You?  

If you have been paying attention to the news, you may have been noticing a lot of home equity loan advertisements and cash out offers with home equity lines of credit and 2nd mortgage loans. Many Americans who own their homes are enjoying rising home values. Last year, the average home in America rose 6%… Read More »

Pros and Cons of Paying Off Your Mortgage Loan Early

If you are like most Americans who own a home, you probably have a mortgage. As the years go by, you may wonder if it is worth it to pay off your mortgage ahead of schedule. This may be a possibility for some homeowners who come into a lot of money through an inheritance or… Read More »

6 Red Flags for Homeowners to Be Wary of Mortgage Refinancing

In 2018, mortgage refinance rates are not nearly as low as they were a few years ago. According to a Zillow report in June 2018, the average mortgage refinance rate for a 30 year, fixed mortgage was 4.75%. With the US economy getting stronger and unemployment low, interest rates have been slowly on the rise.… Read More »

8 Steps to Get the Best Refinance Mortgage Online 

As mortgage rates rise in 2018 and the long-term outlook is for higher rates, some home owners are deciding to refinance their mortgages now before it is too late.  If you have the ability to qualify for a mortgage refinance with a lower interest rate without paying excessive closing costs that reduces your monthly payment,… Read More »

Government Mortgage Alternatives for People with Poor Credit

After the last financial slow down, getting a mortgage with poor credit was difficult. The federal government cracked down on lending and lenders got scared too extend credit on home loans to any but the best borrowers. While too much lax lending practices went on during the last real estate boom, the over-correction probably went… Read More »

How to Qualify for a Home Loan with a Good Mortgage Rate

Buying a home has always had its challenges, but it is expected that some homeowner friendly tax deductions will disappear as the Trump tax law takes effect. This will mean that for many Americans, it may not be as good financially to own a home. Yes, home mortgage rates are rising, but there are still… Read More »

Essential Guide to Manufactured Home Loans in 2018

Potential home buyers who want to get a manufactured home often wonder how easy it will be to get financing for these properties. While home loans for manufactured houses are not as plentiful as regular homes, there are still some options available, including from government backed home loan programs such as FHA. Most people are… Read More »

7 Signs It’s Time to Refinance Your House Loan

People who own their home frequently are watching mortgage rates to determine if now is a good time to refinance their home loan. Whenever you refinance, you always are taking a bit of a gamble because it is hard to say what rates will be tomorrow, let alone next month or next year. When considering… Read More »

8 Secrets to Securing the Best Deal on Your Next Refinance Mortgage

In 2018, interest rates for refinancing have moved considerably higher, with conventional 30-year mortgage rates in the 4.5% and 4.6% range. There is a chance rates could edge close to 5% this year. If you are considering a refinance mortgage because you want to secure a low interest rate, you may want to get rolling… Read More »

How to Find the Best Mortgage Lenders for First Time Home Buyers

No matter where you are in life, the decision to purchase your first home is one of the most important ones. But before you can begin shopping with your realtor for a home, you will need to find a mortgage lender and get pre-approved for a mortgage. Getting pre-approved or pre-qualified is a critical step… Read More »