How Much Home Can You Afford?

When trying to figure out how much home you can afford, there are a lot of factors to consider. This article will walk you through some things to think about before you start shopping for your next home.   Key Takeaways   Your debt-to-income and housing expense ratios are key factors in determining how much money […]

The Difference Between A Prequalification And A Preapproval

If you’re shopping for a mortgage, you’ve likely heard the terms “prequalification” and “preapproval”, and are wondering how they differ. They are both actions a lender takes to determine how much money is appropriate to lend you. The difference lies in how closely your finances are examined to determine that figure.    Key Takeaways   A […]

Cash-Out Refinance 101

Are you interested in making a home upgrade or consolidating debt? A cash-out refinance may be a good option to fund your financial goals while making your equity work for you.   What is a cash-out refinance?   A cash-out refinance is a loan on a property you already own that helps you use some of […]

How To Prepare For Your Mortgage Application

Taking out a mortgage to buy a home is the largest financial decision most people will ever undertake, so it’s wise to spend some time fully understanding how your current financial situation may impact your future mortgage options. The more time you give yourself to prepare before you’re ready to apply, the better off you’ll […]

Choosing an adjustable-rate mortgage

Choosing an adjustable-rate mortgage

If you think there’s a chance you’ll sell your home within 5-10 years, or you expect your income to increase and prefer a lower monthly payment for the first few years of your mortgage, an adjustable-rate mortgage (ARM) could be an attractive option. It’s exciting to buy a house and think about the special memories […]

Buying a home with a VA loan

Buying a home with a VA loan

Current members of the military, veterans, and surviving spouses can become homeowners with affordable loans from the U.S. Department of Veterans Affairs (VA). Whether you’re an active duty service member, a veteran, or a military spouse, a VA loan offers a number of advantages. You typically don’t need a down payment, and your overall expenses […]

Is an FHA mortgage right for you?

You may be able to buy a home without a large down payment or a perfect credit score. An FHA mortgage loan offers more flexible qualification requirements than a conventional home loan. Buying a home is a big deal, but it is also a realistic goal. Even if you have limited funds for a down payment […]

Choosing a fixed-rate mortgage

A consistent monthly payment is one of the main advantages of a fixed-rate mortgage. This can help you plan your budget while providing peace of mind if your financial picture changes in the future. Predictability is an important factor for many people when buying a home. You may choose a fixed-rate mortgage if you prefer the security of knowing […]

Top 10 Ways to Improve Your Credit Score

There are steps you can take right now that may boost your credit score, which can make it easier to rent an apartment, buy a house, or get a loan. One of the best things you can do for your financial health is build a strong credit score, which is sometimes referred to as VantageScore […]

Your Must-Do Fall Home Maintenance List

If you own your home, you can always find projects to keep you busy! Fall presents the perfect chance to tackle some specific projects that will enhance your home’s value and keep it looking great. Your house is likely your largest single investment. Keeping it in top condition is important. It takes some time and […]