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Home Loan

Interest Rate vs. APR: What's the Difference?

Making sense of annual percentage rates and interest rates.
Fundamentals

Learning Center: Interest and APR—What's the Difference?

You see two rates when you shop for a loan, and we explain why.
Mortgage Refinance

COVID-19: Timing Right for Mortgage Refi

Low and volatile rates are drawing many refinancers to the market right now.
Fundamentals

Learning Center: Pros and Cons of 15- and 30-Year Mortgages

No one has a crystal ball to see 15 years ahead, much less 30, but if you can swing a higher payment, a shorter term will save you a lot of money.
Home Loan

7 Common Mortgage Myths Debunked

Don’t be swayed by misinformation when it comes to a home loan. Get the facts straight before beginning the search for your dream home.
Refinancing

Return of the Cash-Out Refi

The current cash-out refi boom looks a lot different from last time. Here’s why.
VA Home Loan

Buying a Home With a VA Loan

No down payments and good rates are just two of the excellent mortgage benefits for military members.
Fundamentals

Learning Center: Popular Loan Products at a Glance

Learn about the major choices because one kind of mortgage is the best fit for you.
Personal Loan

5 Common Uses for a Personal Loan

Here's a taste of what you can use loan money for.
Fundamentals

Learning Center: Mortgage Myths Debunked

Some of what you have heard about home loans simply isn't true.
Home Improvement

6 DIY Weekend Home Projects

Results in a weekend from these do-it-yourself home life improvers.
Buying a Home

How Much Should You Save for a Down Payment?

We all know money talks. Here's what your down payment says to lenders.
Home Buying

How Much for a Down Payment?

Money talks. What does your down payment say?
Refinancing

3 Good Uses of a Cash-Out Refi

A cash-out refi can supercharge your mortgage with a new low interest rate and line your pockets too, but this is not mad money.
Home Buying

7 Tips for First-Time Homebuyers

Things you need to know before starting the search for your dream home.
Buying a Home

Solid Tips for First-Time Homebuyers

7 pieces of proven advice for tackling this milestone event.
Home Buying

11 Mortgage Terms You Should Know

Head into the homebuying process well informed.
News & Views

Reversing 6-Year Shrink, Homes Get Bigger

New single-family homes are growing again, but how are we using the extra space?
Home Buying

5 Simple Ways to Save for a Down Payment

Thinking about buying a home? Put money aside for a down payment with help from these tips.
Refinancing

Experts Agree: Before You Refinance, Master Your Credit

This one simple trick can save you thousands each year off your mortgage payments.
Home Buying

What Is PMI and Can I Avoid It?

PMI is the drawback of buying a home for a low down payment, but equity earns your way out.
News & Views

Criminals Are Hijacking Mortgage Closings

Beware! Scammers hiding inside compromised email accounts can steal your down payment.
Home Buying

Negotiate a 2.79% Mortgage Rate Like This

It didn't happen overnight, but research and tenacity got them a dream rate.
Refinancing

How to Speed Up Your Refi

Avoid having to wait several weeks for your lower payment to start by removing hurdles in the process.
Household Finances

3 Tips to Strengthen and Protect Your Credit Score

Work towards a high credit score so you can secure low interest rates on your mortgage.
Buying a Home

Saving for a Down Payment: 5 Straightforward Tips

The money represents your instant equity in the new home, and with this advice you can save more.
Home Equity

4 Ways to Build Quick Equity

Tried and true strategies for optimizing the investment in your home in a relatively short time.
Buying a Home

Hot Features You Should Look for in a New Home

Trends change; these are the feaures people want in new homes today.
Home Improvement

3 Reasons to Go Solar in Your First Home

Ensure you get the most out of your first home by installing solar panels.
Buying a Home

Silver Linings Playbook: Why Higher Rates Are Actually Good for Homebuyers

It’s counterintuitive, sure. It also just so happens to be true.
Home Selling

Sell Faster With This Home Staging Advice From the Experts

From first impressions to lasting appeal, smart staging makes your home stand out.
News & Views

Higher Rates, Lower Prices. The Housing Market Course Correction Is Here.

As sellers scramble, buyers suddenly find themselves in the catbird seat.
Home Buying

The 7 Most In-Demand Home Features

Whether you're looking to buy or need some home improvement ideas, this list of the most in-demand house features can help.
Buying a Home

How You Can Avoid Paying PMI

Putting 20% down is the surefire way to avoid PMI, but here are three other ways.
VA Mortgage Refinance

VA Rate Reduction Refinance

Hello, my name is IRRRL: The faster, easier way that military members and families can refinance their VA loan and lock in lower rates.
Refinancing

More Good Uses for a Cash-Out Refi (and One Bad Use)

The cash from a cash-out refinance can put you on stable footing to make smart moves with your money.
Home Buying

Easily Improve Your Financial Health With These 5 Tips

Evaluate your financial health and get tips for ways to better prepare for your future.
Refinancing

Refi Breakeven Point: How to Calculate Yours

A mortgage refinance takes money in the form of closing costs, so when does the saving start?
Mortgage Refinance

3 Good Reasons for a Cash-Out Refinance

Homeowners do a cash-out refinance so they can turn some of the equity they've built up in their home into cash.
Refinancing

Refi or Personal Loan to Vanquish Credit Card Debt?

Two popular strategies for escaping credit card debt are to refinance a mortgage or take out a personal loan.
Home Loan

Mortgage Prequalification vs. Preapproval

Learn the differences between the two so you don't miss out on your dream home.
Money Tips

5 Easy Ways to Improve Your Financial Health

These tips will help you evaluate your finances and prepare for the future.
Reverse Mortgage

Reverse Mortgage Pros and Cons

The controversial loan product does have sensible uses and lets homeowners enjoy the equity they have built up without selling.
Buying a Home

People Share the Bad Real Estate Advice They've Heard

What dubious tips have led some people astray in buying or selling a home? Hear the worst real estate advice going around.
Personal Loan

A Personal Loan Can Lift You Out of Credit Card Debt, Raise Your Credit Score

A personal loan is the flexible financial tool that lets you consolidate and pay down debts sensibly.
Refinancing

How Often Can You Refinance Your Home?

Watch for these four signs to know when another home refinance might be worthwhile.
Personal Loan

Cash for Whatever: Check Out Personal Loans

Personalized terms and lower interest than most credit cards make personal loans a viable method of getting cash fast.
Equity & Value

Four Proven Ways to Build Home Equity Quickly

Owning more and owing less is the heart of home equity, and here are proven ways to tilt the seesaw in your favor faster.
Personal Loan

4 Good Uses for a Personal Loan—and 1 Bad Use

From debt consolidation to home improvement, you can put a personal loan to smart use.
Equity & Value

Make Your Home Renovations Come True With Cash-Out Refinancing

Cash-out refinancing could be your chance to complete your home renovation checklist.
Home Loan

The Secret to Getting the Best Interest Rate

Do this to get a low interest rate so you can save thousands over the life of a loan.
Refinancing

When Can I Refinance My Home?

Discover the best time to refinance your home and the perks of doing it.
Getting Started

Don't Make These 4 Common Mistakes of First-Time Homebuyers

As record-low interest rates battle with record-low inventory, you can benefit by learning what first-time buyers wish they'd done differently.
Buying a Home

Mortgage Broker, Mortgage Banker, or Loan Officer? What's the Right Call?

The differences can be subtle but crucial. Here’s what you need to know.
Home Loan

Here's Why Your Debt-to-Income Ratio Is So Important

A low DTI paves the way for a competitive mortgage.
Buying a Home

Identifying a Property With Better Short-Term Rental Potential

How to pick a winning vacation rental and what to do if yours isn't generating the income you expected.
Mortgage Refinance

2 More Good Reasons for a Cash-Out Refinance—and 1 Terrible Reason

Convert equity to cash with a timely cash-out refinance, but if you don't have a sensible plan for the money you're better off leaving it in the home.
Buying a Home

Can You Increase Your Preapproval Amount?

When the right homes always seem just out of reach, here’s how to get preapproved for a bigger mortgage.
Household Finances

The True Cost of Late Mortgage Payments

Learn about the cost and other impacts of missing a mortgage installment.

Your Refinancing Options If You Have Bad Credit

We think everyone deserves a chance to refinance their home mortgage.
Home Buying

How Home Buying Is Different Right Now

With interest rates that previous generations could only dream of and a low housing supply, the market is red-hot despite the chill over the rest of the economy.
Buying a Home

Everything You Need to Know About VA Loans

Understanding how a VA loan works will help determine if it’s the right mortgage for your home purchase.
Home Buying

Mortgage Process Checklist

Ready to buy a house? Follow these 10 easy steps to secure your dream home.
Fundamentals

7 Expert Tips on Home Staging to Sell Faster

Help your home stand out with this proven advice for attracting more potential buyers and selling faster.
Mortgage Refinance

Act Now to Avoid the Adverse Market Refinance Fee

Thinking of refinancing? Do so before a new fee goes into effect.
Fundamentals

Deed Vs. Title: What Are the Differences?

When buying or selling real estate, the terms ‘deed’ and ‘title’ are often used interchangeably.
Home Loan

Cosigners and Mortgages: What Borrowers Need to Know

A mortgage cosigner could mean better terms and interest rates for the primary borrower, but how is the cosigner affected?
Buying a Home

What Is a Buyer's Agent and What Do They Do?

You might want to rely on the experience and expertise of a buyer's agent when shopping for property.
Home Buying

6 Negotiating Tips for Winning When You Buy a Home

We are in a seller's market, but you can still get ahead of the competition with this expert advice.
Fundamentals

FHA Construction Loan Requirements

Are you looking to have a house built? Today we’ll discuss the critical requirements for the FHA construction loan.
Household Finances

Mortgage Prepayment: The Surprising Savings of $100 Extra

Paying down your loan principal with a little extra each month saves you big money in interest and builds equity quicker.
Fundamentals

What Is a Real Estate Broker? Definition, Types, and Duties

Real estate brokers have a wealth of knowledge and experience in the industry, which they use to guide you through every step.
Mortgage Refinance

How Many Times Can You Refinance A House?

Learn more about refinancing so that you can take advantage of falling interest rates.
Buying a Home

Insight Into Seller Concessions

Offering concessions can be a powerful tool for sellers by making their home more attractive to buyers.
Home Buying

5 Signs You're Ready to Buy Your First Home

Your go-to checklist for homebuying.
Buying a Home

What Is a Special Warranty Deed?

In real estate transactions, a special (limited) warranty deed provides a medium level of protection to the buyer.
Mortgage Refinance

Refinancing a Mortgage When You Have Bad Credit

Everyone deserves refinancing options. Do you know yours?
Fundamentals

What Is Homeowners Insurance?

Learn the basics of homeowners insurance, such as policy options, cost, if it is required, and more details.
Reverse Mortgage

Is a Reverse Mortgage Right for You? Q&A

For certain people a reverse mortgage is a worthwhile loan product, but how do you know if you're one of them?
Fundamentals

Does Home Insurance Cover Mold Removal?

This article will explore the complex relationship between home insurance and mold removal.
Mortgage Refinance

Refinancing vs. Loan Modification

Refinancing isn't the only way to get new mortgage terms!
Fundamentals

What Does Homeowners Insurance Cover?

Learn about the coverage you get with home insurance and how to lower the cost.
Home Loan

Your Guide to Common Mortgage Options

Learn about three mortgage options that are popular among first-time buyers.
Fundamentals

Exploring the Pros and Cons of Electric Cars

In this article, we've rounded up a list of the pros and cons of electric cars.

Advantages of Buying in a New Neighborhood

New construction has the appeal of freshness but costs more.
Fundamentals

Understanding the Homeowners Insurance Declaration Page

You can rely on solid coverage if you understand the details on this document thoroughly.
Home Loan

5 Things You Shouldn't Do After Applying for a Mortgage

Ready to close? Steer clear of these common pitfalls.
Buying a Home

Things You Need for a New House

Minimize trips to the store by moving these essential household items into your new home on day one.
Home Buying

What's Coming If You Buy or Refi in 2021

Low rates and decelerating home prices are two pieces of good news for anyone who wants to buy a home in the new year.
Buying a Home

What Is a Probate Sale?

A comprehensive guide to buying property at probate auctions.
Home Loan

Paying Closing Costs Now vs. Rolling Them Into a Home Loan

Should you pay closing costs out of pocket or finance them with the loan?
Fundamentals

Procuring Cause Real Estate: What Is It & How to Avoid a Dispute

Picture this: a real estate agent introduces you to a fantastic house that checks all your boxes. However, before visiting the property, you get busy with work and need to remember to follow up. A couple of weeks later, you attend an open house for the same property and discuss with another agent hosting the event who provides you with crucial information about the neighborhood and local amenities. You appreciate the valuable insights and keep in touch with him. Then, when you're ready to make a
Home Loan

Your Guide to Adjustable-Rate Mortgages

Get to know this popular loan option!
Buying a Home

How Much to Offer on a House Without Getting Ripped Off

Tips and tricks for making an offer on that home of your dreams.
Mortgage Refinance

How Long Does It Take to Refinance a Mortgage?

Here's how soon you could have a refinanced mortgage contract in hand.
Buying a Home

Understanding a Warranty Deed and Its Importance

A warranty deed functions as evidence that indicates the rightful owner of a property and outlines the responsibilities between them and any potential buyers or sellers. This blog post discusses all the advantages of having a warranty deed and how you can create one to suit your needs. By understanding these contract basics, you can avoid costly misunderstandings and protect your rights in any real estate transaction! Get A Free Mortgage Quote What Is a House Warranty Deed? A house wa
Mortgage Refinance

3 Big Money Mistakes to Avoid in 2021

Get your financial health back on track!

What It Means to Be Conditionally Approved

Add conditional approval to the many possible stages of qualifying for a home loan. We explain what it is.
Mortgage Refinance

Mortgage Refinance Checklist #1: Your Goals

The first step in your refinance journey is deciding what you hope to achieve.
Fundamentals

How to Find the Owner of a Property: A Comprehensive Guide

Navigating the real estate landscape often requires a deep dive into property ownership details. Whether you are a prospective buyer interested in a particular property, a community leader organizing neighborhood outreach, or someone with personal motivations, knowing who possesses the title to a property can be invaluable. It ensures a more smooth and transparent buying procedure in real estate transactions. Understanding ownership in community initiatives fosters community relationships by f
Mortgage Refinance

How to Boost Your Home's Appraisal Value When Refinancing

Three low-cost upgrades to tackle this weekend.
Buying a Home

How to Buy Foreclosed Property

If you’ve been saving to buy a home but don’t yet have adequate funds to buy a property, you should consider buying a foreclosed property. Read on to learn more about this and the best tips on buying a foreclosed property. Get a Quote What is a Foreclosed Property? A foreclosed property is predominantly a real estate property repossessed by the lender/bank because of the property owner’s inability to make mortgage payments. The legal process takes place when the property owner defaults
Reverse Mortgage

More Q&A to Decide Whether a Reverse Mortgage Is Right for You

You've got more question about reverse mortgages, and we've got the answers.
Buying a Home

What Is a Tax Assessment on a House?

Tax assessments on houses are not only complicated but can also be confusing and intimidating. They have an immense effect on not only determining your total amount due every year but also on which services you have access to! In this blog post, we'll dive deeper into the intricacies behind house assessments, such as what affects them and when you should consider contesting yours. Read till the end to master all there is about property taxes - from assessing values to understanding exactly whe
Mortgage Refinance

Cash-Out Refinance vs. Home Equity Loan

Which route is right for your cash needs?
Fundamentals

A Quick Guide to Joint Tenancy With Right of Ownership

As the allure of investing money in something tangible increases, the US has seen a gradual increase in homeownership rates since its dip in2016. In 2022 and 2023, the rate of house ownership reached the highest level since 2011. This includes properties owned individually as well as joint tenancy with right of survivorship. At the end of 2022, the rate of owner-occupied households stood at 65.9%. A majority of property owners have some sort of legacy plan where the spouse will get ownership o
Mortgage Refinance

5 Fantastic Cash-Out Refinance Home Improvement Projects

High ROI upgrades to tackle with your influx of cash.
Buying a Home

A Quick Guide to Securing a Mortgage for a Deed-Restricted House

Purchasing a home is one of the most significant financial decisions many people make during their lives. One option that may present itself when searching for a home is to buy a property in a deed-restricted community. This guide will provide an overview of how to secure a mortgage for a deed-restricted house, covering several essential topics. Stay with us to learn more. Get A Free Mortgage Quote What Is a Deed-Restricted Community? A deed-restricted community is a neighborhood or de
Home Buying

Things to Consider Before You Try House Flipping

Learn the best advice from experienced house flippers because it's not as easy as it looks on TV.
Construction Loan

7 Money-Saving Tips for Building a House Through a Construction Loan

Building a house through a construction loan is an exciting endeavor. Read on to discover tips for saving money.
Household Finances

9 Easy Ways to Save Money During COVID-19

Employed or not, here's how to get the most bang for your buck!
What is endorsement in insurance

Insurance Endorsements: Customizing Your Policy to Fit Your Needs

Insurance endorsements are the key to personalizing your coverage. Read on to discover how to effectively tailor your insurance and protect your assets.
Mortgage Refinance

Mortgage Refinance Checklist #2: Does It Make Financial Sense?

Sometimes fees and penalties mean that you barely break even with a refi, so you definitely want the numbers on your side before getting started.
What Are Seller Concessions

Seller Concessions vs. Price Reduction: Deciding What Works for You

Buying a home in pre-foreclosure to add to your investment portfolio and generate rental income? Learn about the opportunities and risks for investors by opting for these properties.
Mortgage Refinance

Cash-Out Refinance Eligibility Requirements

Cash-out refi options at a glance. Which do you qualify for?

Buying Foreclosed Homes: Steps, Risks, and Potential Rewards

Purchasing a foreclosed home can be a smart way to save money on a property while at the same time supporting a community by preventing vacant homes from falling into disrepair. However, buying a foreclosed property is not the same as purchasing a standard home. There are more risks involved, and parts of the process might be unfamiliar even to experienced homebuyers. In this article, we will discuss how to buy foreclosed property, the steps you need to take, and highlight the potential risks
Getting Started

All Points Bulletin: What Are Points When It Comes to Mortgages?

What are buying points and discount points? Is refinancing different from purchasing? You have questions, so we get right to the point.
What is a tax assessment on a house

Property Tax Assessment vs. Property Appraisal: Key Differences

In this article, we'll look into what these terms mean, how they work, and the key differences between them. Stay with us for more.
Mortgage Refinance

Is Refinancing Worth the Effort for Just a 1% Lower Rate?

As rates drop, here's what to consider before you make the most popular mortgage move.
HELOC

The Pros and Cons of Home Equity Line of Credit (HELOC) for Homeowners

For many homeowners, the walls that protect and cradle our lives also hold a hidden treasure – home equity. Home equity is the portion of your home that you own. It is calculated by subtracting the outstanding mortgage value from the current market value of your precious property. It's a hidden financial reserve that grows as you pay down your mortgage and as your home appreciates. This financial reserve can be a lifeline in times of need. It can be used to unlock your dreams and aspirations.
Home Loan

The Pros and Cons of Popular Mortgage Payment Options

Personal check? Online payment service? Credit card? What's the best way to pay installments?

ARV in Real Estate: How it Influences Home Purchase Decisions

Real estate investment has significantly evolved over the years, providing home buyers, real estate agents, and investors with numerous opportunities to capitalize on property value. One of the key concepts in real estate investment is the After Repair Value (ARV), which greatly influences home purchase decisions. This article will discuss what ARV is, how it is calculated, and its impact on home purchase decisions in the real estate industry. Get A Free Mortgage Quote What Is ARV in Rea
Mortgage Refinance

More Things People Wish They'd Known About Refinancing

Continued: By focusing on lowering their payment, some refi customers lose sight of these other effects of a mortgage refinance.
Is Pre-Approval Bad for Credit?

The Impact of a Mortgage Pre-Approval on Your Credit Score

Considering a mortgage pre-approval but worried about your credit score? Discover how pre-approval affects your score and the best strategies to protect your credit.
Getting Started

3 Important Money-Management Lessons to Teach Your Kids

How to set your children up for financial success.
house-buying scams

Protect Yourself from the Most Common House Buying Scams in the Real Estate Market

With the real estate market booming, it can be difficult to differentiate legitimate opportunities from red flags. Here is how you can protect yourself!
Home Improvement

Don't Lose 10% of Your Home's Value: Spring Maintenance Checklist

Spring is the ideal season to retain or renew your home's value through these mostly DIY-friendly tasks.
digital real estate

Is Investing in Digital Real Estate Worth It? A Comprehensive Guide to the Virtual Property Market

Explore the opportunities and challenges of digital real estate, how to buy and sell virtual properties, and how to monetize and protect them.
Mortgage Refinance

Don't Believe These 3 Popular Money Myths

Doing so could cost you big!
401k to Buy a House

Is It Wise to Buy a House Using Your 401k? Understanding the Pros and Cons of This Strategy

Considering using your 401k to buy a house? Click here to discover the pros and cons of this strategy to make an informed decision on home buying and retirement planning.
Mortgage Refinance

Mortgage Interest Rates Over Time

6-year data that could help you make smart money moves.
Cash equity loan

Exploring the Potential Use Cases of a Cash Equity Loan

If you often wonder what you can use a home equity loan for, here's an insight into the diverse application of cash equity loans. Read more.
Mortgage Refinance

3 Ways You Can Speed Up Your Mortgage Refi

Due to the soaring popularity of refinancing, the process can drag, but here are ways to accelerate it.
upgrade loans

How to Secure a Home Improvement or Upgrade Loan

Securing a loan for your home improvement or upgrade project can be difficult, especially when it comes to finding the right terms. Learn more!
Home Buying

Discount Points vs. More Money Down: The Best Use of Your Cash

Common sense says to put as much money down on a home as you can afford, but the power of discount points is undeniable.
How to Avoid 20% Down Payment on Investment Property

12 Ways to Avoid Putting Down 20% on an Investment Property to Secure a Loan

Wondering how to avoid a 20% down payment on an investment property? Discover strategies for condos, duplexes, and more to minimize your initial down payment.
Mortgage Refinance

The Relationship Between Equity and Refinancing

What happens to your hard-earned equity when you replace your mortgage contract?
bankruptcy home loans

A Quick Guide to Buying a House After Filing Bankruptcy

Here is a quick guide to buying a house after filing bankruptcy; check out the best bankruptcy home loans and build the home of your dreams.
Mortgage Refinance

Experts Urge People to Switch to 15-Year Fixed, and Here's Why

Combine a shorter term with one of today's low refi rates and you get a double dose of savings.
things to buy for a new house

The Importance of Pre-Determining Post Home Purchase Expenses Before Getting a Mortgage

The importance of pre-determining post home purchase expenses before getting a mortgage can’t be understated! Check out the things to buy for a new house here.
Mortgage Refinance

Tax Deductions and Your Mortgage Refinance

Refinanced in 2020? Here's what you need to know about tax deductions!
Best Month to Buy a House

Best Months to Buy a House - Valuable Insights for First-Time Mortgage Applicants

Best Months to Buy a House - Valuable Insights for First-Time Mortgage Applicants: discover the ideal time to purchase, maximizing affordability. Click here.
Mortgage Refinance

Mortgage Refinance Checklist #3: The Documents You Need

The paperwork you need and where to get the documents for a faster and more informed refinance.
Single mom loans

Are Single Mom Mortgages Worth It? Six Factors to Consider When Opting For One

Single mom loans - The road to homeownership for single moms can sometimes feel like a steep climb. But here's the silver lining: there are mortgages specifically crafted for single moms.
Household Finances

Spring Clean Your Finances in 5 Easy Steps

It's time for a fresh financial start!
What does a property management company do?

Secure Your Investment Property and Mortgage By Hiring a Property Management Company

What does a property management company do? Investing in real estate can be pretty sweet, but let's face it, it's not all rainbows and unicorns.
Household Finances

Homeowners Can Save 20% on Energy Bills With This Appliance Makeover

When your home needs new appliances, remember that one label means energy efficiency, quality assurance, and claims verified by third-party testing.
What Is Digital Real Estate

Can You Use HELOC to Invest in Digital Real Estate?

What is digital real estate? Well, we have a full guide on it and how you can use HELOC to invest in digital real estate!
Mortgage Refinance

50-Year Historic Low Interest Rates As a Result of Fed’s Stimulus Program

How to secure a historically low interest rate. Pay off your mortgage fast!
best places to raise a family

Thinking of Getting a HELOC for Relocation? Check Out These Factors When Choosing the Best Place to Raise a Family

Thinking of getting a HELOC for relocation? Check out these factors when choosing the best place to raise a family.
Mortgage Refinance

Homeowners Are Frantic to Secure Insanely Low Refinance Rates

The Federal Reserve slashed its rate to near zero; that's great news for homeowners!
Refinancing a Second Mortgage

Why Getting a HELOC Is Better than Refinancing a Second Mortgage

Why getting a HELOC is better than refinancing a second mortgage: Understand the benefits of flexible borrowing and potential savings in interest.
Debt Consolidation

Easily Calculate Your Net Worth

Calculate your net worth to see if your finances are on track.
Home building tips

HELOCs and Construction Costs: Managing Expenses Effectively

HELOCs and Construction Costs: Managing Expenses Effectively - Home Equity Lines of Credit (HELOCs) have emerged as valuable tools in managing expenses effectively during the home-building process. Read on to find out more.
Mortgage Refinance

How to Calculate the Breakeven Point of a Refi

Getting the ball rolling on a mortgage refinance takes money in the form of closing costs, so how long does the ball have to roll before the savings kick in?
Condo vs. co op

Condo vs. Co-Op: Which Property Type Offers a Bigger HELOC?

Condo vs. Co-Op: Which Property Type Offers a Bigger HELOC? - When it comes to real estate investment, the choice between a condominium (condo) and a cooperative apartment (co-op) can be daunting. Read on to find out more.
Mortgage Refinance

5 Signs It's Time to Refinance Your Mortgage

Do any of these situations apply to you?
Appreciation in real estate

The Importance of Appreciation in Real Estate for HELOC Providers

The Importance of Appreciation in Real Estate for HELOC Providers - For providers of Home Equity Line of Credit (HELOC) services, understanding and leveraging the importance of appreciation can be a game-changer. Read on to find out more.
Getting Started

So You Want to Be a Landlord? How to Run a Credit Check on a Prospective Tenant

The legal way to screen out unreliable tenants and turn extra rooms into extra income.
find property lines online

How to Find Property Lines Online

How to find property lines online? Check out our guide for the best online tools that can reveal those boundaries and more critical land info!
Home Improvement

3 Home Remodeling Facts No One Likes to Talk About

Are you prepared for what's to come?
Consolidate Payday Loans

How to Consolidate Payday Loans Using a HELOC

How to consolidate payday loans using a HELOC: Discover the benefits and risks of using home equity for debt consolidation. Simplify your finances now.
Mortgage Refinance

Why Switching Your ARM to Fixed-Rate Is More Important Than Ever

Lock in a low interest rate today before the inevitable climb.
no income verification mortgage

Understanding No Income Verification Mortgage and Its Benefits and Drawbacks

Understanding no income verification mortgage and its Benefits and drawbacks. For those curious about a mortgage with no income verification!
Home Improvement

7 Home Renovations That Can Hurt Your Home's Value

Are you helping or hurting your bottom line?
cheapest medical schools

Using a HELOC to Pay for Medical School - A Smart Alternative for Middle-Income Parents

Using a HELOC to Pay for Medical School - A Smart Alternative for Middle-Income Parents. Read up on the benefits, best features, and risks here.
Getting Started

This Happens to Your House If You Die Without a Will

To your spouse, to your kids, or to the (gulp) state—where does your house go if you leave no will?
Budgeting Methods

11 Budgeting Methods You Can Use to Save for a Down Payment

11 budgeting methods you can use to save for a down payment! So, hurry up and keep reading till the end to make your dream of homeownership a reality!
Home Loan

When Should You Pay Off Your Mortgage Early?

Believe it or not, mortgage prepayment isn't for every borrower.
Lease Buyout Loan

What Is a Lease Buyout Loan? A Quick Guide for Beginners

What is a lease buyout loan? A quick guide for beginners looking to purchase an already leased car without returning it back to the lessor!
Home Buying

What Usually Causes a Home to Fail Inspection?

When a sale falls through after a home inspection, it's often because the buyer's expectations didn't match reality.
Boat Loan Terms

Using a HELOC to Finance a Boat for Your Waterfront Property

A waterfront home offers a special set of benefits, such as direct access to calm seas and breathtaking vistas. For many waterfront property owners, the desire to have a boat and embrace the lifestyle fully is a common aspiration. Although boat ownership can be a thrilling experience, it often comes with a major financial commitment. One way to explore this avenue is by using a Home Equity Line of Credit (HELOC) to finance a boat purchase. HELOCs are a type of second mortgage as they are backe
Home Equity

The 3 Best and 3 Worst Ways to Use Your Home Equity

Protect your hard-earned investment!
what is a collateral loan

HELOC Vs. Collateral Mortgage - Key Differences to Understand

HELOC Vs. Collateral Mortgage: A comprehensive guide exploring key differences to help you make informed financial decisions.
Mortgage Refinance

The Risks and Rewards of Locking In Your Mortgage Rate

Locking in a low rate seems like a simple decision, but is there a catch?
Secured Business Loans

Secured Business Loans vs. Home Equity Line of Credit - Which One Is Better for You?

Secured Business Loans vs. Home Equity Line of Credit - Which One Is Better for You? Study the benefits of both loan types before opting for one!
Mortgage Refinance

Does Unemployment Affect Your Credit Score?

How unemployment can't—and can—affect your credit score.
HELOC on rental property

Using a HELOC to Buy a Vacation Rental Property - A Guide for Aspiring Investors

Using a HELOC to Buy a Vacation Rental Property: A Guide for Aspiring Investors. Leverage home equity to enter the vacation rental market, understand HELOC mechanics, and effectively manage your investment.
Getting Started

5 Household Expenses You Cut Right Now, Easily

Because you can think of better uses for your hard-earned money.
high ltv HELOC

Everything You Need to Know About High Loan-to-Value (LTV) HELOC

Everything you need to know about high loan-to-value(LTV) HELOC. This blog post details everything you need to know about high LTV HELOC.
Home Loan

2021 Mortgage Interest Rate Forecast

The low-rate window is coming to a close!
As provided by client

A Quick Guide to Property Tax Assessment for First-Time Homeowners

In this comprehensive guide, we'll explore what property tax assessment is, how it works, and what first-time homeowners need to know to navigate this aspect of home ownership effectively.
Mortgage Refinance

5 Mortgage Refinance Tips That Save Time and Money

What all borrowers need to know.

Everything You Need to Know About a Lease Purchase House

In this comprehensive guide, we'll delve into everything you need to know about lease-purchase homes, from how they work to their benefits and potential pitfalls.
Home Loan

What You Need to Know About Your Mortgage Rate-Shopping Window

It's all about your FICO score!

Everything You Need to Know Before Withdrawing IRA Funds for Home Purchase

In this comprehensive guide, we'll delve into the key factors, including the concept of a Roth IRA loan, to help you make informed decisions. Read on for more information.
Getting Started

How to Compare Mortgage Loan Estimates

Interest rate is not the only detail to focus on when comparing home loans.
what is a recourse loan

Understanding the Differences Between Recourse and Non-Recourse Loans

: Understanding the Differences Between Recourse and Non-Recourse Loans. Understand what is a recourse loan and a non-recourse loan, their examples and key differences to make informed financial decisions.
Mortgage Refinance

Is Now Still a Good Time to Refinance a Mortgage?

What borrowers need to know.
step up in basis

What Is Step-Up In Basis? A Quick Guide for Buyers Seeking Inheritance Properties

What Is Step-Up In Basis? A Quick Guide for Buyers Seeking Inheritance Properties.
Mortgage Refinance

What a Smart Cash-Out Refi Looks Like

3 features of a cash-out refinance that indicate you are making a wise move.

Leveraging a HELOC for Financing Your Tiny House DIY Project

In this article, we look at the potential of utilizing a Home Equity Line of Credit (HELOC) to cover material costs, labor expenses, and other associated expenses in building a tiny house DIY.
Home Improvement

The Unglamorous Truth About Home Improvement Return on Investment

Don't expect a wow factor from the project with the best ROI.

Strategies for Using a HELOC to Secure a Down Payment for Land Acquisition

In this article, we will explore the concept of using a HELOC for land acquisition, along with various strategies to optimize this approach. Stay with us for more.
Vacation

7 Tips for Securing Your Home Before Vacation

Many of us can't wait to travel again, but before we head out, we should take measures to keep bad guys from getting in.

The Most Common Interest Types in the Mortgage Industry

In this comprehensive guide, we look at the most common interest types prevalent in the mortgage industry, examining their features, advantages, and potential drawbacks.
Home Improvement

This Summer's Hot Patio Trends

Your home has two sides: Enjoy the outside this summer with our inspiring ideas.

Understanding How HELOC Interest Rates are Determined and How They Differ from Traditional Mortgage Rates

Understanding how these interest rates are determined and the differences between them is crucial for making informed financial decisions. In this article, we take a look at both HELOC and mortgage interest rates and understand how they work.
Mortgage Refinance

Will Closing a Credit Card Help You Qualify for a Refinance or Mortgage?

Don't do this before applying for a mortgage or refinance.

Utilizing a HELOC to Finance Legal Costs in Property Encroachment Disputes

This article explores the utilization of HELOCs as a financing option for addressing legal expenses associated with property encroachment disputes. Stay with us for more details.
Home Improvement

Home Maintenance This Summer

The long summer days give you ample time to tackle these four tasks and get back to the fun.

What Is a Timeshare, And How Does it Benefit Homebuyers

In this comprehensive guide, we look at the concept of timeshares, exploring their benefits and how they can enhance the vacation experience for buyers.
Mortgage News

Mortgage Rates Set to Skyrocket in 2022?

What does the future hold for refi rates?

A Quick Guide to Property Tax Assessment for First-Time Homeowners

In this comprehensive guide, we'll explore what property tax assessment is, how it works, and what first-time homeowners need to know to navigate this aspect of homeownership effectively.
Home Selling

What's the Deal With Those "We Buy Ugly Houses" Signs?

Predatory flippers have expanded their hunting grounds, but ugliness is in the eye of the beholder.
step up in basis

What Is Step-Up In Basis? A Quick Guide for Buyers Seeking Inheritance Properties

What Is Step-Up In Basis? A Quick Guide for Buyers Seeking Inheritance Properties. Understand tax advantages and maximize financial benefits
Mortgage Refinance

A Cash-Out Refi Can Make People Love Their Home Again

Features and upgrades so enticing in a new home can be added to an existing home and paid for with equity.

Using a HELOC to finance legal costs related to resolving property encroachment disputes

This article explores the utilization of HELOCs as a financing option for addressing legal expenses associated with property encroachment disputes. Stay with us for more details.
Household Finances

I Can Rent Out THAT?! Make Bonus Money From Space and Things You're Not Using

Thanks to our always-connected economy, something of value that you aren't using at the moment could bring you fast cash.

Strategies for Using a HELOC to Secure a Down Payment for Land Acquisition

In this article, we will explore the concept of using a HELOC for land acquisition, along with various strategies to optimize this approach. Stay with us for more.
Home Improvement

Sweat Equity? No Sweat!

Leverage your home improvement skills into big bucks.

Everything You Need to Know About a Lease Purchase House

In this comprehensive guide, we'll delve into everything you need to know about lease-purchase homes, from how they work to their benefits and potential pitfalls.
Home Improvement

How One Man Started a Real Estate Empire Without a Dollar to His Name

And you can too...
what is a recourse loan

Understanding the Differences Between Recourse and Non-Recourse Loans

Understanding the Differences Between Recourse and Non-Recourse Loans. Understand what is a recourse loan and a non-recourse loan, their examples and key differences to make informed financial decisions.
Household Finances

When to Review Your Homeowners Insurance Policy

5 reasons it might be time to review your coverage.

The Most Common Interest Types in the Mortgage Industry

In this comprehensive guide, we look at the most common interest types prevalent in the mortgage industry, examining their features, advantages, and potential drawbacks.
Home Buying

Advantages of Buying in an Older Neighborhood

A more walkable life in a place with character and trees can be yours when you buy an older home.

What is a Timeshare, And How Does It Benefit Home buyers

In this comprehensive guide, we look at the concept of timeshares, exploring their benefits and how they can enhance the vacation experience for buyers.
Mortgage News

Refinance Rates Freefall After Government Eliminates Universally Hated Fee

Refi fee costing homeowners thousands at closing is no more.

Understanding How HELOC Interest Rates are Determined and How They Differ from Traditional Mortgage Rates

Understanding how these interest rates are determined and the differences between them is crucial for making informed financial decisions. In this article, we take a look at both HELOC and mortgage interest rates and understand how they work.
Household Finances

Stop Wasting Money Buying Rental Car Coverage Twice

Insurance by your credit card, even if there's a flat fee, is bound to be cheaper than what's offered by the rental car company.
no docs loan.

Understanding No-Doc Loans – Requirements, Pros, Cons, and More

Understanding No-Doc Loans – Requirements, Pros, Cons, and More: Despite criticisms, no doc loans can benefit self-employed individuals or those with irregular income streams, offering flexibility.
Mortgage Refinance

Are You Sitting on Refinance Gold?

A housing market downturn is great news for refinancing homeowners.
Roofing Financing

What Is Roofing Financing? A Home Improvement Guide

What is roofing financing? A home improvement guide. Let’s go on a journey through the ins and outs of financing for roofing.
Getting Started

Shape Up Your Finances Prior to a Refi or Mortgage

Follow this 4-step financial fitness program so lenders will see you at your best.
refinance mobile home

5 Reasons to Refinance Your Mobile Home

5 reasons to refinance your mobile home and simple steps for refinancing. Click here for complete details.
Mortgage Refinance

Cash Out Refinances Are Suddenly All the Rage

Historically low rates are driving more and more homeowners to tap into their home equity.
Investment Loan Rates

Owner-Occupied Vs. Investment Loan Rates – What Are the Differences?

Owner-occupied vs. investment loan rates – what are the differences? Learn how they impact your borrowing costs and investment strategy and how to navigate to your advantage.
Mortgage Refinance

One Brilliant Way a Cash-Out Refi Can Pay the Mortgage

Boss-level home improvement: Build a tiny house on your property, and the renter pays your mortgage.
Owner Financing

What is Owner Financing in Mortgage Transactions? A Guide for First-Time Homeowners

What is owner financing in mortgage transactions? A guide for first-time homeowners. Read up on alternative financing options to navigate the complexities of buying a home.
Home Equity

Homeowners Find Themselves Sitting on a Fortune

The time to cash out is right now.
Bad Credit RV Loans

Buying an RV with Bad Credit - A Quick Guide for Aspiring Motor Home Owners

Buying an RV with bad credit - a quick guide for aspiring motorhome owners will help you navigate the process comfortably. Click here to view additional information.
Household Finances

Money Right, Sleep Tight: 5 Tips to Destress Your Finances

Many people lose sleep worrying about money, while others practice these five strategies.
fence financing

How Fence Financing Can Help Homeowners Safeguard Their Properties Without Breaking the Bank

How Fence Financing Can Help Homeowners Safeguard Their Properties Without Breaking the Bank: Explore cost-effective ways to enhance security and privacy with financing options.
Mortgage Refinance

Need Mortgage Refi Advice but Not Sure Where to Turn? Try Warren Buffett!

Buffett chimes in on mortgage refi boom with words of wisdom.
travel loan

Personal Travel Loan vs. HELOC - Which One Is Better for Your Needs?

Personal travel loan vs. HELOC - which one is better for your needs? Discover benefits and potential drawbacks for an informed decision.
Mortgage News

Breaking Down Fixed-Rate Refinances by the Years

The only answer to a volatile market is picking the right term.
Getting Started

Have You Ever Gotten Bad Real Estate Advice?

People share their top picks for the worst real estate advice out there.
Mortgage News

The Federal Government Just Made Refinancing Way Easier

New programs from Fannie Mae and Freddie Mac set to change the mortgage refi game.
Home Buying

Beware the Mortgage Closing Scam

Criminals hijack the closing process to steal down payments, crushing people's dream of homeownership.
Mortgage Refinance

Ready to Refinance? Here's How to Get the Lowest Rate Possible

Unlock the key to your credit score and save big.
Home Buying

Homes Are Growing Bigger Again

Reversing a 6-year trend, new single-family homes get bigger, so how are we using the extra space?
Home Equity

2022: The Year of the Cash-Out Refi

Home equity is booming, interest rates are dropping, and homeowners are laughing all the way to the bank.
Home Equity

3 Pleasant Side Effects of Your Home's Increased Value

How your finances change when you suddenly own a lot more home than before.
Home Loan

Is This the Last Time We'll See Mortgage Rates Dip?

Why refinancing right now might be the only move to make.
Mortgage Refinance

Watch for These 3 Things When Shopping for a Refi

Comparing offers is most effective when you know what might be hiding in the details.
Home Equity

Turn Your Cash-Out Refi Into Riches With This One Simple Trick

Mortgage experts agree: 2022 is the year to cash-out refi into stock gold.
Debt Consolidation

Here Are the Best VA Refi Options for 2022

We break it all down here.
Mortgage Refinance

Do This If You Have 3+ Years Left on Your ARM

In a time of low rates, refinancing can put homeowners into a more comfortable, predictable fixed-rate mortgage.
Mortgage Refinance

How a "No Closing Costs" Refinance Really Works

Though you may have the option to sweep closing costs out of sight, don't push them out of mind.
Mortgage News

Home Sales Are Up, But What Does That Mean for Mortgage Rates?

With spring just around the corner, new homeowners wonder if rates under 3% are still out there.
Home Buying

Rising Mortgage Rates Are Actually Good for Buyers—Fact or Fiction?

Believe it or not, this is looking like a cold hard fact.
Home Improvement

Summer Home Improvement Projects: Bang for the Buck

Plans we have been dreaming up all winter now have the time and sunlight to be realized, but think small and smart so you don’t miss out on the season’s fun.
Mortgage News

Mortgage Rates and Listing Prices Just Dropped at the Same Time

Now's the time to strike for both homebuyers and refinancers alike.
Mortgage Refinance

Boom or Bust? The Time to Cash Out on Home Equity Is Now

Turn your record-high home value into a lifelong fortune with these tips from our experts.
Mortgage Refinance

Finally Enough Cash

Surging home values draw more to the cash-out refinance.
Mortgage News

Economists Predict the Buyers Market Will Reach All 50 States by Month’s End

As housing prices tumble from coast to coast, the time to negotiate is now.
Getting Started

Figure Your DTI in 3 Easy Steps

You should know your DTI when you shop for a loan just like you know your size when you shop for shoes.
Home Loan

15-Year vs. 30-Year Mortgage: Making the Choice

No one has a crystal ball to see 15 years ahead, much less 30, but if your income is strong and stable, a larger monthly payment will get you to the finish line sooner.
Home Improvement

Wondering What a Bathroom Renovation Costs?

A cash-out refinance could be the key to covering the whole thing.
Getting Started

Choosing the Right Loan Product

So many options are out there, but one loan product is the best fit for you.
Mortgage Refinance

Mortgage Refi vs. Personal Loan to Escape Credit Card Debt

What are the pros and cons of these two popular debt consolidation strategies?
Household Finances

The Only Times You Should Close a Credit Card (and How to Do It Right)

Close a credit card only for a good reason, and do it this way.
Mortgage Refinance

Inflation, Skyrocketing Rates, Fed Rate Hikes Oh My!

Between inflation and the latest fed rate hikes, should you consider home refinancing?
Mortgage Refinance

Should You Refinance Your Home Again?

4 advantages to refinancing a home mortgage after only 4 years.
Home Equity

Tap Into Your Home’s Equity With a Cash-Out Refinance or a Home Equity Line of Credit (HELOC) and Get Money for the Things You Need

Which should you choose? Cash-out refinance vs. home equity line of credit (HELOC).
Mortgage Refinance

Cash-Out Refinance to Buy a Second Home

Why you should consider a cash-out refinance to buy a second home for vacations, future retirement, or rental income.
VA Home Loan

How a VA Loan Works: Explained

Your thorough yet simplified guide to one of the most substantial benefits of military service.
Reverse Mortgage

Is a Reverse Mortgage a Good Idea [2023]

A reverse mortgage might be a decent home loan option for certain people. Are you one of them?
Mortgage Refinance

Your FICO Score 5 Is the Credit Score Mortgage Lenders Look At

A credit check reveals a lot about you to lenders, but they focus on one particular rating.
Getting Started

Your FICO Score 8: What Is It and How Can You Raise It?

Learn about the one score that blends your activity from all three credit reports.
Getting Started

Your FICO Score 9 Explained

How FICO Score 9 works and how you can boost your credit score.
Home Buying

Best First Time Home Buyer Tips of 2023

7 tips every first-time homebuyer needs.
Household Finances

The Credit Scores That Matter Most in Your Situation

Learn about the particular credit scores that stand between you and a new credit card, a car loan, or a mortgage.
Household Finances

Your FICO Score 10 and 10 T Explained

All about the latest FICO credit score and why it might become the new standard in home mortgages.
Home Loan

Mortgage Underwriting: What It Is and What to Expect

Understanding this vital step in the home loan process.
Mortgage Refinance

Mortgage Recasting Explained: Why You Might Want to Do It

Keep your great low interest rate while lowering your payment—the double benefits of mortgage recasting.
Home Buying

Quitclaim Deeds Explained

A quitclaim deed is a fast way to transfer property, but unlike other ways, it includes no protections for the buyer.
VA Home Loan

VA Loan Appraisal and VA Inspection Requirements, Including the VA Minimum Property Requirements for 2023

Everything you need to know about the VA loan appraisal process and VA inspection, including the VA Minimum Property Requirements for 2023.
Major Purchase

Tenancy In Common (TIC) In Real Estate Explained

Get a quick breakdown of one of the real estate’s most popular terms, tenants in common or (TIC), how it works, and the pros and cons to see if making this real estate move would benefit you.
Household Finances

12 Retro Household Savings Tips

Which of these vintage money-saving hacks around the house will you share first?
Home Buying

Townhouse vs. Condo: Understanding the Differences

These two ownership options are different in many ways.
Major Purchase

Tenancy By Entirety: Important Details You Should Know

See if tenancy by entirety is a good choice for you and your significant other
VA Home Loan

VA Construction Loans Explained

How a VA construction loan works: Borrow and build exactly the home you want.
Home Buying

Grantee vs Grantor in Real Estate Explained

Grantee vs grantor simplified. We explain these common real estate roles.
Getting Started

What Is Digital Real Estate?

Find out what digital real estate is and if you should start investing!
Home Buying

Joint Tenancy With Right of Survivorship: What to Know

Set yourself up for a smoother transfer of a home in trying times by signing on for joint tenancy with right of survivorship.
Mortgage Refinance

Can You Refinance an FHA Loan?

Despite the unique features of an FHA loan, refinancing one is a lot like a conventional loan.
Home Loan

How Do I Get a USDA Home Loan?

Discover if a USDA home loan is right for you and if you qualify.
Getting Started

How to Find Out Who Owns a Property

Are you trying to find out the ownership details of a particular home or property? We discuss numerous avenues to determine a property's owner.
Major Purchase

Tax Lien Investing Explained

In many states you can buy the right to collect someone's tax debt and charge high interest, but proceed with caution.
Getting Started

What Is a Warranty Deed—Top Things You Should Know

Find out what a warranty deed is, learn the benefits, and see if it’s the right real estate move for you.
Getting Started

What Is An Easement?

Easement in real estate explained.
Getting Started

Seller Financing: How It Works, Pros And Cons, And If It’s A Right Move For You

Gain a better understanding of seller financing, how it works, and the pros and cons from a buyer and seller perspective.
Home Buying

Assumable Mortgages Explained: The Appeal and the Pros and Cons

Becoming a homeowner by taking over someone's mortgage can be especially beneficial in times of high interest rates.
Getting Started

A Guide to Property Surveys: Acquisition and Pricing

Curious about what a property survey is? We'll cover the basics around property surveys, how they work, how much they cost, and more important details.
Home Buying

The Importance of Real Estate Agents in the Housing Market

Most people looking to buy or sell a property could use the help of a professional who understands the market.
Getting Started

Escrow in Real Estate Explained

Find out the meaning of “escrow” in real estate terminology, how it works, and the process when you buy a house.
Home Buying

Home Loan Options for Those With Bad Credit

This article aims to explore the available choices for individuals with bad credit who are looking to purchase a house and provide insights into how they can qualify for a mortgage.
Getting Started

Condominiums vs. Cooperative Apartments: What's the Difference?

We’ll take a deep dive into the world of condominiums versus cooperatives and let you choose which one would suit you best.
Home Buying

Buying a House With Cash: Pros and Cons (Yes, There Are Cons)

We explain the pros and cons of all-cash home purchases, which have been on the rise in recent years.
Cash-Out Refinance

FHA Cash-Out Plan: How It Works

A cash-out refinance from the FHA is available to more homeowners than you might think.
Home Buying

Deed Restricted Community | All You Need To Know as a First-Time Home Buyer

Are you new to the concept of a deed-restricted community? We'd like to explain what they are, their benefits, potential limitations, and everything you need to know before considering living in one.
Home Buying

Real Estate Terminology: What Does Contingent Mean?

Let's help you understand the term contingent and provide a detailed analysis of its significance, implications, and how it can impact the buying and selling process.
Getting Started

Everything You Need to Know About ARV (After-Repair Value)

We'll explain what ARV is and whether utilizing this option is right for you.
Getting Started

What You Should Know About Making Rental Income With Your Home

Making money off extra living space in your home is definitely worth considering, but don't go in blind.
Mortgage Refinance

3 Things Homeowners Wish They'd Known About Refinancing

When focusing on lowering their monthly payment, some refi customers lose sight of these other effects of a mortgage refinance.
Getting Started

How to Find Out Who Owns a Property: Your Comprehensive Guide

If you are wondering how to find who owns a property, you have come to the right place. Let’s go through the steps!
Home Equity

The Home Equity Boost From Going Solar

The verified boost in home value is great enough to offset the installation cost of solar panels.
Getting Started

A Comprehensive Guide to Assuming Someone Else's Mortgage

In the wake of some unfortunate situations, such as a divorce or death, transferring a mortgage to someone else is common practice during a sale. Even with outstanding payments, selling the home is possible, so taking over a mortgage is also possible. Some lenders allow mortgage transfers, provided the seller has an assumable mortgage. Get A Free Mortgage Quote What Is an Assumable Mortgage? An assumable mortgage is a home loan a buyer can take over before a home's sale. This is a good
Getting Started

Understanding 7/6 ARM (Adjustable-Rate Mortgage)

For those interested in understanding what a 7/6 ARM is and whether it's the best option for their mortgage needs, this article explores the adjustable rate mortgage type. We'll start by examining the meaning behind each informally-named aspect of a 7/6 ARM - seven and six - to provide an overview of how these particular ARMs work, followed by outlining both their benefits and drawbacks. Finally, when considering if this type of loan is better suited than a fixed-rate mortgage or another adjus
Home Buying

Special Warranty Deeds Explained

Some guarantees are better than none: Why special warranty deeds have a place in real estate.
Getting Started

Averse Possession Explained

Squatters can become property owners if they meet specific legal requirements. How to protect your real estate.
Home Loan

What Is Endorsement in Insurance?

Do you have an insurance policy but are confused about what ‘endorsement’ means? Then this article is for you! Endorsement is a key concept of insurance policies, and it affects the coverage provided by your particular plan. In this blog post, we will discuss what is endorsement in insurance, their different types, how they can affect your claim, and when endorsements can be most helpful. Get A Free Mortgage Quote Understanding Endorsements in Insurance Insurance endorsements are impo
Home Buying

Seller Concessions

Purchasing a dream house might entail a complicated process for the seller and the buyer, where both are searching for ways to make the most out of their revenues or restrict the expenses in the buying process. Understanding the market where you want to purchase the property is crucial should you decide on seller concessions. Continue reading below to find out more about the seller concessions. Get A Free Mortgage Quote What Are Seller Concessions? Seller Concessions, often called sel
HELOC

Pros and Cons of Home Equity Line of Credit (HELOC) for Homeowners

For many homeowners, the walls that protect and cradle our lives also hold a hidden treasure – home equity. Home equity is the portion of your home that you own. It is calculated by subtracting the outstanding mortgage value from the current market value of your precious property. It's a hidden financial reserve that grows as you pay down your mortgage and as your home appreciates. This financial reserve can be a lifeline in times of need. It can be used to unlock your dreams and aspirations.
Home Buying

Everything You Need To Know About Short Sale Homes

If you want to invest and purchase a house and search to buy it at a lower price, consider short-sales homes. It is a safer option for sellers and lenders than foreclosure since the properties are frequently valued at a lower market value. However, short sales homes are more complicated than traditional home sales and might be more risky. Before you decide if the short-sale homes are best for you, continue to read below to understand what it is all about and the steps in buying one. Get A
Getting Started

Understanding Mortgage Contingency When Buying a Real Estate Property

If you're in the market for a new home, you've probably come across the term "contingency" in the context of real estate transactions. In particular, a "mortgage contingency" is a crucial concept to grasp before you embark on the journey of purchasing a property. This article aims to provide a comprehensive understanding of what mortgage contingency means and its significance in the home-buying process. Get A Free Mortgage Quote What Does Contingent Mean in Real Estate? In the realm o
Home Buying

APR Vs. Interest Rate

If you are searching for a home mortgage or using your credit card, you might bump into APR vs Interest Rate stipulations. Both indicate the borrowing cost and can significantly impact your financial decisions. Knowing their differences is essential to making intelligent financial choices. Get A Free Mortgage Quote Interest Rate: What Is It? The interest rate is the amount paid off for the money borrowed from a creditor for a specified period of time. Interest rates are either fixed or
Home Buying

Buying a Home in Pre-Foreclosure -Opportunities and Risks for Investors

Pre-foreclosure properties are becoming popular among savvy investors seeking a bargain in the market. But what is pre-foreclosure, and how can investors benefit from this unique opportunity financially? Are there any risks involved? In this quick guide, we'll discuss the potential opportunities and risks investors should consider before purchasing pre-foreclosure properties. Get A Free Mortgage Quote Understanding Pre-Foreclosure Foreclosure occurs when a homeowner defaults on their
Home Improvement

ARV in Real Estate: How it Influences Home Purchase Decisions

Real estate investment has significantly evolved over the years, providing home buyers, real estate agents, and investors with numerous opportunities to capitalize on property value. One of the key concepts in real estate investment is the After Repair Value (ARV), which greatly influences home purchase decisions. This article will discuss what ARV is, how it is calculated, and its impact on home purchase decisions in the real estate industry. Get A Free Mortgage Quote What Is ARV in Re
Home Loan

DSCR Loans: What Are They?

If you are a property developer or a realty investor searching for a simple and expeditious mortgage, the debt service coverage ratio or DSCR loans might be a practical choice. This kind of loan is appropriate for a cash flow produced by investing in a property, which speeds up the process since it does not require strict conditions such as information on your employment, pay stubs, or income tax returns. The typical process in assessing if the borrower will be eligible for financing is to eva
joint ownership with right of survivorship

A Quick Guide to Joint Tenancy With Right of Ownership

As the allure of investing money in something tangible increases, the US has seen a gradual increase in homeownership rates since its dip in2016. In 2022 and 2023, the rate of house ownership reached the highest level since 2011. This includes properties owned individually as well as joint tenancy with right of survivorship. Source: Statista At the end of 2022, the rate of owner-occupied households stood at 65.9%. A majority of property owners have some sort of legacy plan where the spous
Major Purchase

Co-signer Vs. Co-borrower

When someone is applying for a loan or credit, they may be asked to provide additional support to strengthen their application. Two standard options are to have a co-signer or a co-borrower. While both co-signers and co-borrowers can help someone qualify for a loan, there are essential differences between the two (2) roles. Understanding the responsibilities and implications of each part is vital for anyone considering applying for a loan or credit with the assistance of a co-signer or a co-borr
HELOC

Everything You Need to Know About HELOC and Rental Properties

Property investment presents an excellent opportunity to generate passive income and expand the investment portfolio, but investing in a real estate property requires significant capital. Suppose you are interested in financing a substantial investment acquisition but need more cash reserves and choose only to postpone once you have saved enough. In that case, you might be thinking of the best loan option available. You can leverage the equity you have already accumulated in your property invest
Home Insurance Companies

4 Ways Real Estate Agents Support Home Insurance Companies

The real estate industry in the United States is witnessing a remarkable surge in the number of real estate agents associated with the National Association for Realtors (NAR). According to a recent survey in January 2023, this number has reached 1.5 million, showing steady growth since 2012. But a question arises - what does a real estate agent do for you and for insurance companies? Get A Free Mortgage Quote Source: Statista In the thriving real estate industry, real estate agents pl
Condo vs coop

Condo vs Co-op Mortgages - Key Differences and Considerations for Owners & Investors

In this article, we will explore the key differences between condo and co-op mortgages, shedding light on their definitions, the fundamental distinctions between the two, and considerations for potential owners and investors.
Mortgage Contingency

Understanding Mortgage Contingency When Buying a Real Estate Property

If you're in the market for a new home, you've probably come across the term "contingency" in the context of real estate transactions. In particular, a "mortgage contingency" is a crucial concept to grasp before you embark on the journey of purchasing a property. This article aims to provide a comprehensive understanding of what mortgage contingency means and its significance in the home-buying process. Get A Free Mortgage Quote What Does Contingent Mean in Real Estate? In the realm
Deed-Restricted House

A Quick Guide to Securing a Mortgage for a Deed-Restricted House

Purchasing a home is one of the most significant financial decisions many people make during their lives. One option that may present itself when searching for a home is to buy a property in a deed-restricted community. This guide will provide an overview of how to secure a mortgage for a deed-restricted house, covering several essential topics. Stay with us to learn more. Get A Free Mortgage Quote What Is a Deed-Restricted Community? A deed-restricted community is a neighborhood or d
Property survey

The Impact of a Property Survey on Mortgage Closing Costs

In this article, we will explore the impact of a property survey on mortgage closing costs, including why surveys are important, the cost of surveys, and how they can affect your overall home-buying experience.
Cost to frame a house

Frame vs. Brick Homeowners Insurance Costs - A Quick Guide for Aspiring Property Owners

In this guide, we'll explore the costs of frame and brick homeowners insurance to help you make informed decisions when purchasing your next property.
REO Property

A Quick Guide to Real Estate-Owned Insurance Coverage for Asset Protection

This article serves as a comprehensive guide to REO insurance coverage, highlighting its importance in asset protection. Stay with us to find out more.
townhouse vs condo

Townhouse vs. Condo Financing - Key Differences Owners Should Know About

Discover the essential difference for a townhouse vs. condo, guiding your choice in property ownership. Explore the key differences today.
First Time Home Buyer Tax Credit

Mortgage Loans and First-Time Home Buyer Tax Credits – A Quick Guide for Aspiring Homeowners

Are you looking to buy your first home? Learn about first-time home buyer tax credits and mortgage options in our comprehensive guide for aspiring homeowners.
Refinancing Second Mortgage

How to Refinance a Second Mortgage: A Step-by-Step Guide

Considering refinancing your second mortgage? Discover the pros and cons of refinancing and learn how to navigate this financial decision with our step-by-step guide.
Refinancing appraisals

Refinancing Appraisals: What Are They and Why Are They Important?

Explore the world of refinancing appraisals and their importance in the insurance landscape. Stay informed to make sound decisions.
What is appraisal contingency

Appraisal Contingency vs. Financing Contingency: Key Differences and Interactions

What is appraisal contingency? Explore the critical disparities between appraisal contingency and financing contingency in real estate transactions.
mortgage payments

Monthly Mortgage Payments vs. Biweekly Mortgage Payments vs. Pros and Cons

Mortgages are a huge part of many people's financial journeys. This blog digs deep into the pros and cons of the two mortgage payment plans.
Speculation Houses

The Risks and Rewards of Speculation Houses: Is It Right for You?

Do you want to know the potential risks and possible rewards of investing in speculation houses? Read on to find everything you need to know in this regard.
Pay mortgage with credit card

10 Reasons to Pay Mortgage with Credit Card

Learn about the possibilities, benefits, and step-by-step insights on how to pay your mortgage with a credit card. Explore the financial flexibility and rewards!
HELOC for Investment Property

HELOCs for Investment Property

HELOCs for Investment Property: Explore the strategic use of HELOCs for real estate investment with Lendgo’s expert guide. Learn, leverage, succeed!
first-time home buyer tax credit

Understanding Changes and Extensions: Updates to the First-Time Home Buyer Tax Credit

Understanding changes and extensions: Updates to the First-Time Home Buyer Tax Credit. Click for more.
Who Pays Closing Costs

Thinking About Getting a VA Loan? Make Sure You Determine Who Pays Closing Costs

Thinking about getting a VA loan? Make sure you determine who pays closing costs. Discover the key aspects and how to navigate closing costs in this guide.
Can you pay mortgage with credit card

Credit Card: Pros and Cons for Mortgage Payments

Credit Card: Pros and Cons for Mortgage Payments - Looking to pay your mortgage with a credit card? It is possible! Read on to discover the pros and cons before making a decision.
Wrap-Around Mortgage

Wrap-Around Mortgages: What Is a Wrap-Around Mortgage?

Wrap-Around Mortgages: What is a Wrap-Around Mortgage? Learn how these financing options work for buyers and sellers in specific real estate transactions.
Buying a Foreclosed Home

HELOCs for Buying Foreclosed Homes: A Smart Financing Approach

HELOCs for Buying Foreclosed Homes: A Smart Financing Approach. Learn how a Home Equity Line of Credit becomes a crucial partner in your quest for foreclosed properties.
Investment Property HELOC

Why Choose a HELOC For Your Investment Property

Why Choose a HELOC For Your Investment Property? Discover how a HELOC can revolutionize your approach to managing investment properties, offering flexibility and efficiency.
Fastest Growing Cities in the US

Are Home Loans More Expensive in the Fastest Growing Cities in the US?

Are Home Loans More Expensive in the Fastest Growing Cities in the US? Discover how urban growth impacts mortgage rates and housing affordability.
Cheapest Places to Live in the US

Cheapest Places to Live in the US and Secure an Affordable Mortgage

Cheapest Places to Live in the US and Secure an Affordable Mortgage: Uncover top affordable areas with low-cost living and favorable mortgage options.
Modular vs Manufactured Home

Home Equity Loan Considerations for Modular Vs Manufactured Properties

Home Equity Loan Considerations for Modular vs Manufactured Properties: Uncover key financial insights for a successful loan process.
Tiny Home Cost

Tiny Home Upgrades: Using HELOCs for Personalization and Improvement

Tiny Home Upgrades: Leveraging HELOCs for Personalized Improvements (HELOCs) to transform your tiny home with custom upgrades.
right of first refusal

Home Loan Considerations: Understanding the Right of First Refusal Clause

Home Loan Considerations: Understanding the Right of First Refusal Clause. Learn why the Right of First Refusal Clause is critical when purchasing a home.
Lien on house

Can I Put a Lien on My Own Property?

Can I put a lien on my own property? Read on to discover essential insights into property liens, their types, and how they impact homeownership.
free grants for homeowners for repairs

Free Home Repair and Improvement Grants You Should Know About

Free home repair and improvement grants you should know about: let’s discuss essential grants for home maintenance and learn how to apply successfully.
lease purchase

What Are Lease Purchase Homes? A Quick Guide for First-Time Buyers

What Are Lease Purchase Homes? A Quick Guide for First-Time Buyers. Explore the advantages, risks, and steps of involved in this comprehensive guide.
How to make money in real estate

3 Ways to Make Money with Your Residential Property

3 Ways to Make Money with Your Residential Property. Read on to discover valuable insights and strategies to guide you toward financial success in the real estate market.
buy down interest rate

How Much Does It Cost to Buy Down Interest Rate When Seeking a Mortgage?

How Much Does It Cost to Buy Down Interest Rate When Seeking a Mortgage? Find out the pros and cons plus factors affecting the total cost.
custom home prices

How Much Does It Cost to Build a House After Securing a Mortgage?

How Much Does It Cost to Build a House After Securing a Mortgage? Learn how to budget and plan for your new home construction here..
PSA agreements

A Quick Guide to Purchase and Sale Agreements in the Real Estate Industry

A Quick Guide to Purchase and Sale Agreements in the Real Estate Industry. Read on to discover valuable insights and navigate real estate transactions with confidence.
Buy House as is

What Are the Benefits and Drawbacks of Buying a Property As Is?

What are the benefits and drawbacks of buying a property as is? Explore cost savings, customization opportunities, and risks of hidden repairs.
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