Tag: Mortgage

Posted on 10/25/2023

4 Quick 15-year mortgage types to consider

Mortgages can be a very flustering part of the homebuying...

15 Year Mortgage

Fixed Rate Mortgage

+ 4 more

Posted on 09/13/2023

Getting preapproved for a mortgage: The basics

Getting preapproved for a mortgage is an essential part...

Buying

Homebuyer

+ 3 more

Posted on 06/07/2023

Veteran Mortgage Relief Guide: Key Terms & Details

The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...

Mortgage

+ 3 more

Posted on 06/08/2022

Seller Financing: Major Risks & How to Avoid Them

Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....

Financing

+ 11 more

Posted on 05/11/2022

The basics of recasting your mortgage payments

Recasting mortgage payments is a little-known gem when it comes to homeowner finances. It’s often viewed as a method to lower monthly payments without extending the length of your loan term. But what exactly is mortgage recasting? Are there any disadvantages to it? What about my interest rates? Will my overall loan balance increase or decrease? Here’s a...

Home Financing

Home Refinancing

+ 4 more