refinancing

appraisal Getting preapproved for a mortgage: When, why & how   Getting preapproved for a mortgage is an essential part of the home-buying process. While it’s possible to wait before securing your financing, there are major benefits to getting preapproval early.   For more information about preapproval, here are the basics to consider:   When to get preapproval   It’s recommended that would-be homebuyers obtain […]
real estate A beginners guide to DIYs for your bathrooms While the bathroom may not be the center of your home, it’s a vital part of the house. Sprucing up the bathroom can give it a fresh appeal, which in turn makes the space more enjoyable. The best thing is you can make many stylish changes completely with DIY bathroom decor ideas. Barn wood-framed bathroom […]
buyer Average closing costs for buyer hopefuls: What to expect   Budgeting for buying a home can seem daunting, but one of the best ways to make it easier is to figure out the average closing costs for buyer hopefuls. There are various service charges bundled together to make up closing costs, and some can vary significantly based on location and specific property.   Here […]
appraisal Prequalified vs preapproved: Understanding mortgage terminology   If you’re a first-time homebuyer, odds are you’ve encountered the words “prequalified” and “preapproved” interchangeably. However, when it comes to home loans, there are some critical differences between the two.   Mortgage prequalification   Getting prequalified helps borrowers find out what kind and what size mortgage they’re likely to be approved for. Prequalification will […]
buyer Pros & cons of umbrella insurance   Umbrella insurance, sometimes called personal liability insurance, offers coverage beyond the limits of your other policies. It can help cover the financial gaps and protect your savings and assets in the event you’re liable for damages.   Umbrella insurance is not required, but many choose to purchase a policy for greater peace of mind […]
buyer How to maintain focus as you prepare to purchase a home Staying focused on the homebuying journey is a must, especially for those living in areas with a fast-paced market. Using a few key tips can help you stay on course and accomplish your homebuying dreams. Craft a homebuying strategy Creating a homebuying strategy, you outline the steps you’ll most essential to the homebuying process. Plus, […]
buyer Is it time to make the change from renting to owning a home? For many, the homebuying journey often starts with getting pre-approved for a mortgage. Once approved, a buyer has a mortgage can enter the real estate market with a budget in hand. Identifying key signs can help you decide if it’s the right time to secure a mortgage loan. You’re ready to upgrade from an apartment […]
buyer 3 Ways to pay off your mortgage early   Paying off a mortgage early is a dream of many homeowners. However, economic factors can make it seem like an unattainable goal. With some careful planning and initiative, however, there are ways to pay off your home loan before your term limit.   1. Refinance your mortgage   If you’re considering making larger payments […]
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Buying A basic guide to real estate investing       While real estate investing can be a lucrative opportunity, if you don’t know what you’re facing, things can quickly get out of hand.   To help you get started, here are some ways you can get into real estate investing:   Real estate investment trusts (REITs)   Consider these like mutual funds, […]
buyer A basic guide to lowering your homeowners insurance cost Among the many expenses associated with homeownership, homeowners insurance is one of the most significant. Insurance rates and premiums vary depending on your location, provider and the type of home you have, but there are almost always ways you can save money. Here are some tips for lowering your insurance costs: Choose a higher deductible […]
refinancing 4 Things to sell prior to listing your home   When you start the process of selling your home, there may seem like there’s an enormous amount of things that need to get done. However, by selling old and unused items, you can save time on packing things away and make some extra money in the meantime.   Furniture   Moving large items in […]
buyer 3 Common reasons to refinance your mortgage   Homeowners refinance their mortgages for an assortment of reasons. Some reasons center around strictly wanting to pay off their homes faster and at better interest rates, while others may fall along practical life events or emergencies. If you find yourself asking, “should I refinance my mortgage,” try checking off a few boxes to help […]
buyer 3 Things homeowners wish they had done differently before buying a home Deciding to purchase your first home is a huge step, as it’s often a long term financial commitment. Studies have found, as much as 70 percent of homeowners have at least 1 regret regarding their property. Understanding common homebuyer regrets can help guide you during the homebuying process towards a home you can be truly happy […]
buyer 4 Tips to get the best deal on your first home purchase   As a first-time homebuyer, you may find yourself asking, “what can I do to get a great deal on my first home?” Purchasing a home is a financial decision that can potentially affect your finances for years to a whole lifetime.   To make sure you get an affordable home matching your homebuying goals, […]
appraisel Property tax deferment: The basics   In some states, qualified homeowners can use a property tax deferment to save on annual expenses. While deferring taxes usually refers to a period of delay in paying taxes on an item until a later date, property tax deferment comes with some additional important factors. Here is a quick guide about property tax deferrals:   How […]
appraisel Pros & cons of no-closing-cost refinancing   Refinancing your home can have a plethora of benefits. Among lowering your monthly payment, refinancing your home can also allow you to borrow against your home’s equity. However, refinancing in the beginning can have significant closing costs, such as application fees, loan origination fees, mortgage insurance and interest – especially when involving mortgage points. […]
buyer The pros and cons of mortgage points   When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points.   Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of […]