Knowing what loan options are available to you enables you to choose a loan that best fits your needs. We’ll walk through the differences between the major types and categories of mortgage loans.
Make Sense of a Wild Week
May 6, 2022. Mortgage rates change quickly – and last week was no exception. Read what happened with the market, along with key takeaways from Wednesday’s Fed meeting and what it could mean for you in the long run.
Financial Literacy Resource Roundup
Achieving financial literacy is an important goal for anyone who wants to take control of their finances and put themselves on a path to long-term financial wellness. And, it’s especially so for homebuyers in today’s market. “As rates have risen and inventory continues to be low, it’s important to consider your long-term financial goals and […]
Rates Continue on an Upward Climb
April 4, 2022. We’re talking about affordability, inflation and the spring housing. My priority is to share the info you need to know to make informed homebuying decisions.
What Is a Condo? Everything You Need to Know Before You Buy
You’ve heard the word “condo” or “condominium” before – but what is a condo, exactly? How is a condo different from an apartment? And, what’s the difference between a condo and a townhouse? There are often some misconceptions about what constitutes this type of housing unit. With so many different (but similar) types of homes, […]
How to Avoid PMI (Private Mortgage Insurance)
If you’re shopping for a mortgage, you may have already identified a few things you have to budget for, such as a down payment and closing costs. But if you opt for a conventional mortgage – mortgage loans not backed by a government entity – you might also need to budget for a less well-known […]
How Long Does it Take to Close on a House?
Few things compare to the fluttery feeling in your stomach the day you close on your home. After all, home loans often require homebuyers to have down payments and closing costs in hand — and those can be some hefty chunks of change! You might be wondering how long it takes to reach various milestones […]
What is a Jumbo Mortgage? Everything You Need to Know
You’ve found your dream home: perhaps it’s in that ideal neighborhood, has a spacious kitchen, a spa-like bathroom, and a sprawling yard with flawless landscaping. But that perfect match may also come with a hefty price tag. When it comes time to shop for your mortgage, a lender might tell you that you need a […]