Nov 28, 2016 | Mortgage 101 |
A refi is the process trading your current home loan for a new one – complete with a new interest rate and terms (aka refinancing). But, how does the whole thing work? In a nutshell – refinancing is pretty much like securing your original mortgage. There are two main...
Aug 25, 2016 | Mortgage 101 |
As with any of life’s important steps, knowledge is key. This is why we’ve outlined the 12 most commonly used mortgage terms. Adjustable-Rate Mortgage – Also known as an ARM, an adjustable-rate mortgage is a loan with an interest rate that adjusts based on the...
Mar 16, 2016 | Mortgage 101 |
In short; as many times as you like! There are no limits on how many times you can refinance. Which means there are no limits as to how low you can push your monthly payment. You can do it as many times as you’d like, as often as you like. You have the freedom and...
Jan 21, 2016 | Home Buying Process, Mortgage 101 |
Buying a home while deployed can be difficult. Luckily, using something called Power of Attorney will all you to enjoy the American dream while deployed. What is Power of Attorney? In basic terms, giving someone Power of Attorney gives them the ability to sign legally...
Dec 10, 2015 | Home Buying Process, Mortgage 101 |
Mortgage interest can be confusing. The amount of interest you pay each month, will depend upon the kind of loan you get. Whatever the loan type, your interest will always be tax deductible, which is an advantage to you as a future home owner. There are times when...
Sep 28, 2015 | Mortgage 101 |
We spend a good deal of time talking about the mortgage industry. Here on the blog we’re constantly exploring types of loans and the lending process. We’re discussing industry news updates and tax benefits. We share buying and selling insights. Heck, home buying is...