When Do You Need to Get PMI?
As you go through the process of purchasing a home with a mortgage, you are likely to discover a number of surprising costs. Read More
How Mortgage Insurance Works
When you buy a home with a mortgage, the lender is on the hook. A financial institutions lets you borrow money to make a huge purchase, fronting the money so that you don’t have to. Read More
Looser Mortgage Requirements Entice Home Buyers
After the housing bubble went “pop” in 2007, it became a lot tougher for the average home buyer to qualify for a mortgage. Read More
3 Tips For Qualifying For The Best Mortgage Rate
Your mortgage is likely to be the largest loan you have in your life. As a result, it makes sense to consider the interest you pay. Because your interest rate is based on the size of your mortgage, the smaller the rate, the less you pay over all. Read More
How To Calculate Your Mortgage Payment
The average mortgage payment is often one of your biggest expenses, consuming more than 30% of your monthly household income depending on your debt to income ratio. Read More
5 Ways to Save Money On Your Mortgage
Your home is likely the biggest purchase you will ever make. In fact, it’s so big that you will probably need a loan to make it happen. A mortgage is a huge commitment in terms of money, and by the time you repay your loan, the interest charges that come with it will make your home purchase even more expensive. Read More
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