Buying another property is a dream for many homeowners. Who wouldn’t want to own an additional home, or even earn income from it? But getting a mortgage for an investment property or second home is more complicated than getting a mortgage for your primary residence. If you’re thinking about adding another home to your property portfolio, here are a few things you … [Read more...] about Vacation Home and Investment Property Mortgages
A Homebuyer’s Guide to Decoding Mortgage Acronyms
The first time you buy a home, you’ll probably run across a fair number of mortgage-industry terms that you haven’t encountered before. If you find yourself stumbling a bit on terms you don’t know or acronyms you don’t understand, you’re not alone. Mortgage acronyms can stymy even the most financially-savvy potential homebuyers. We’ve put together this handy guide to explain … [Read more...] about A Homebuyer’s Guide to Decoding Mortgage Acronyms
These Paint Colors Can Add Thousands to a Home’s Pricetag
Hoping to add a few dollars to the selling price of your current home? Then it might be time to break out the rollers, brushes, and painter’s tape. According to a recent study by the folks at Zillow, painting your front door a particular color can increase your home’s selling price by more than $6,000. On the flip side, if you’re looking to score a deal on a home in the … [Read more...] about These Paint Colors Can Add Thousands to a Home’s Pricetag
Your Final Walkthrough: What to Look For and When to Put on the Brakes
You’re almost there, future homeowner! You’ve made a successful offer and sorted out your financing. Your future home appraised well, and it cleared a title search. Now, it’s time for your final walkthrough: one last look around before you officially close this deal. The point of a final walkthrough is to check that the home you’re purchasing is in the condition you expect … [Read more...] about Your Final Walkthrough: What to Look For and When to Put on the Brakes
Morty’s Streamlined, Transparent Home Loan Process.
How the words ‘Shop & Compare’ saved a homebuyer time and money on her mortgage. At Morty, our mission is to empower first-time homebuyers. We’re sharing our third installment of our Borrower Stories—where real homebuyers who have used Morty chat with us about their home buying experience. Meet Marcey, a brand marketer and UI/UX specialist living in Georgia. Below, … [Read more...] about Morty’s Streamlined, Transparent Home Loan Process.
