Category: Blog

The FHA Home Loan – Is It Right For You?

I’m sure you’ve heard the term many times while shopping around for your mortgage, but what exactly is an FHA home loan? An FHA home loan is a mortgage insured by the Federal Housing Administration and are very popular. Why? Read on to learn more! Why Do People Get FHA Loans? FHA home loans are … Continued

Top 25 Commonly Used Mortgage Terms

Navigating the complex world of home loans can be difficult enough without all of the industry jargon that flies around. Here are 25 terms you might hear when looking for a mortgage loan – hopefully this will help clear things up. Adjustable-Rate Mortgage (ARM) A mortgage loan with an interest rate subject to periodic change … Continued

3 Awesome DIY Summer Projects for your Home

Summer is filled with plenty of fun activities, including spending time with family and friends outdoors. If you’re one who enjoys entertaining, hosting parties in your backyard might be on your horizon. Getting your backyard in prime condition for these fun summer time activities can be easier than you might think, and kind to your … Continued

VA Home Loans

Of the special loan programs that exist, one of the most advantageous is the VA Home Loan. Created in 1944 and signed into law by President Franklin D. Roosevelt, the VA home loan program was, in short, designed to honor our veterans by helping them buy or refinance a home. Eligible active service members, veterans, … Continued

So what does the Brexit have to do with my home mortgage?

Unless you live under a rock, you’ve heard about the Brits deciding to leave the EU, which sent global markets into a flurry. Global stock markets lost a record $3 trillion between Friday and Monday after a sharp sell-off of equities. The dramatic reaction in the global markets will leave investors wary moving forward. If … Continued

Top 5 Factors that Determine Your Mortgage Interest Rate

If you’re like most homebuyers, you’re likely shopping around to get the lowest interest rate possible on your mortgage. So what factors, and how do you get the best deal on a mortgage interest rate? You could reach out to a mortgage loan originator (at OneTrust Home Loans, of course) and ask the somewhat loaded … Continued

How to choose the right neighborhood when buying a home

Are you currently in the market to buy a home? If so, you’re likely concerned about many different aspects of your future home.  How many bedrooms will it have? How many bathrooms? How big will the yard be, and so on… However we all know it’s about location, location, location aka neighborhood, neighborhood, neighborhood. Before … Continued

Refinancing 101

Refinancing, simply put, is paying off and replacing your current loan with a brand new loan to get better terms. What exactly those “better terms” are can be heavily influenced by your unique financial situation. The general goal for most of those refinancing is to save money, whether it be reducing how much you pay … Continued

Getting the Best Interest Rate – Shop and Save

Shopping for the best price can be a pain in the neck. Life is busy, and there isn’t always time to carefully compare every product and get the best deal, and for the typical grocery store purchase, the amount of money you might save isn’t worth the amount of time you lose. When it comes … Continued