You hear over and over that before you go out shopping for a new home you should get preapproved. Many people think it is to make sure that you can qualify for the loan program you are looking at based on your income. However today there are so many programs with different rules, guidelines and …Read More
Spring and summer are great seasons to make additions to your home, but many people are concerned about how to finance these projects. Did you know it is easier than you think? These are three popular avenues for homeowners to secure money for a home improvement or remodeling project: Home...Read More
Refinancing is a great way to lower your interest rate and consolidate debt, but it doesn’t always make financial sense for every homeowner. To help you determine whether you should refinance your mortgage, here are a few questions to consider.
How long will you stay in your home?
If you only plan to live in your house …Read More
“Locking-in” is an essential, yet simple step in the home buying process. Your loan officer will talk to you about “locking-in” after you have chosen your loan program (for example: an ARM, 30 or 15 year Fixed mortgage), have a pre-approval and a firm settlement date. Other than selecting your interest rate and making sure …Read More