Mortgages


Top 10 Common Mortgage Mistakes

Top 10 Common Mortgage Mistakes

The Top 10 Causes of Mortgage Delays With all the paperwork, rules and regulations involved in the home buying process, sometimes mortgage delays are unavoidable. A delay is sometimes beyond our control, but more often than not, a delay in the mortgage process is...
What is Debt-to-Income Ratio?

What is Debt-to-Income Ratio?

When you apply for a mortgage, your lender will analyze your debt ratios, which are also known as your debt-to-income ratios, or DTI. Lenders calculate DTI’s to ensure you have enough income to comfortably pay for a new mortgage while still being able to pay your...
How to Get the Best Mortgage Rate

How to Get the Best Mortgage Rate

Buying a home is a huge financial commitment. Finding the right mortgage with the best mortgage rate can be a confusing process, especially for first-time homebuyers. The best way to find out what will work best for you is to ask yourself — “What can I...
Benefits of 100-Percent Home Financing

Benefits of 100-Percent Home Financing

What Is 100 Percent Home Financing? So you are thinking about buying a home, and you’re exploring your options. Most of the time, lenders want you to have a 10-20% down payment. However, is putting your hard earned money down the best option for you? A lot of...
Pros and Cons of Cash-Refinance

Pros and Cons of Cash-Refinance

What Is A Cash Refinance? A cash out refinance replaces your existing mortgage with a new home loan for more than you owe on your house. The difference goes to you in cash and you can spend it on home improvements, debt consolidation or other financial needs. This is...
Five Reasons To Refinance Your Mortgage

Five Reasons To Refinance Your Mortgage

Refinancing Can Be Good For Some Homeowners Refinancing a mortgage means paying off an existing loan and replacing it with a new one. There are many reasons why homeowners refinance: lower interest rates, consolidate debt, reduce or increase your loan term, etc. It’s...