Jon Clark

Man holding before and after pictures

Renovate Your Current or Future Home With a 203(k) Loan

By Jon Clark / December 15, 2018
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Have you found that perfect home in a perfect location, but it needs a lot of work? You aren’t alone. Plenty of potential homeowners find themselves in a bind when they’re searching for a home. They might have found one…

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House at night in a rural area

Is a USDA Loan Right for You? Here’s Everything You Need To Know

By Jon Clark / December 8, 2018
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After the housing crisis in 2008, mortgage underwriting guidelines changed dramatically, which has made it increasingly more and more difficult for many people to get loan approvals. Prior to this, it was quite common for homebuyers to finance 100% of…

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Get Approved to Move and Have the Upper Hand Over Other Buyers

By Jon Clark / November 30, 2018
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Many people face the disappointment of losing their dream homes to other interested buyers for one reason or the other. It’s a harrowing experience: you find your dream home, imagine your life in it and begin making plans — only…

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Hands holding a pile of change

Everything You Need to Know About a Cash-Out Refinance

By Jon Clark / November 24, 2018
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A cash-out refinance is a way for you to pull money out of the equity you have in your house. This new mortgage replaces your existing mortgage with an amount that’s higher than what you presently owe. The difference between…

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Twin men with t-shirts mortgage and mortgage

5 Things You Need to Know About Getting a Second Mortgage

By Jon Clark / November 18, 2018
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Have you ever considered getting a second mortgage? If so, it’s important to answer the following questions: What is a second mortgage? What are the benefits of getting a second mortgage? What are the drawbacks of getting a second mortgage?…

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4 Must-Know Facts about Mortgage Points

By Jon Clark / November 7, 2018
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When you obtain a mortgage, your lender may charge “mortgage points.” What does this mean, and how can the concept be used to your advantage? A single mortgage point is equal to one percent of the total mortgage amount. For…

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Don’t Meet the Conventional Mortgage Requirements? You Still Can Get a Loan

By Jon Clark / November 2, 2018
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If you’re planning on buying a house, you’re probably aware of the hurdles that stand in your path to getting a mortgage. Qualifying for a home loan can be an uphill task, thanks to the strict federal regulations that came…

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Jumbo Elephant playing with a money ball

The Ins and Outs of Jumbo Mortgages

By Jon Clark / October 26, 2018
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The rising property values in several parts of the US have many home buyers turning to jumbo loans to finance them. But what exactly is a jumbo mortgage? A jumbo mortgage is a type of mortgage that ranges anywhere between…

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Woman holding a fan of money like a deck of cards

How to Calculate Your Mortgage Payment

By Jon Clark / October 12, 2018
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Buying a home is probably the single largest purchase you’ll ever make in your life, and unless you are independently wealthy, you’ll need to take out a mortgage to help finance the cost to purchase one. For many, the biggest…

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guide to refinance

A Complete Guide to Refinancing Your Home Loan

By Jon Clark / October 4, 2018
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The housing market is constantly changing, leading current homeowners to wonder whether a new mortgage could save them money. What is refinancing? Mortgage refinancing is a process that pays your initial loan in full and creates a separate new loan…

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