Author: vO0wQraV9M

Fixed VS Adjustable Rate Mortgages

In your search for a home you’ve probably come across a couple of terms: “Fixed Rate Mortgage (FRM)” and “Adjustable Rate Mortgage (ARM).” What exactly are they, what’s the difference, and which one should you get? “Fixed” and “adjustable” both refer to the type of interest rate on your loan. There are advantages and disadvantages … Continued

Home Buying Season 2016 Infographic

It’s opening season… for homebuying 2016! So we created a fun infographic, combining fun facts that will put the “spring” in your step with interesting stats about what’s to come in the 2016 housing buying season.

Mortgage Insurance Crash Course

Spring is here, and after reading our latest blog about the hottest real estate markets in 2016, you might be pumped on the idea of buying a home! If you don’t have 20% to put down on your dream home, you may start to hear about a little something called mortgage insurance, also known as, … Continued

What’s In A Credit Score?

What’s in a credit score? Good question. According to Credit Karma, your credit score is a three digit number calculated from your data-rich credit report and is one factor used by lenders to determine your creditworthiness for a mortgage, loan, or credit card. Your score can affect whether or not you’re approved as well as … Continued

Why Is An Appraisal Important?

If you’re buying a home, an important component in the loan process is the home appraisal. Since a home appraisal determines the value of the home, it also plays a role in how much a mortgage lender is able to lend you for your home financing. Pretty big deal, right? There are several things you … Continued