mortgage

credit do's and don'ts in traffic light shapes

Credit Do’s & Don’ts While Getting a Mortgage

By Mary Mack / April 18, 2018
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When shopping for a home, good credit is important to obtain the best interest rates and terms. Here are some tips on what not to do and what you should do. DO stay current on your existing accounts Just one…

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The Point of Points

By Mary Mack / April 7, 2018
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What are these and why do I need them? Points are one type of fee paid at closing by you to your mortgage lender. There are two types of points: origination and discount points. Origination points are charged to recover…

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Breaking It Down: Understanding Your Home Closing Costs

By Tim Coutis / March 30, 2018
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When you’re a first-time homebuyer, the entire concept of closing costs may be elusive and intimidating. You know they’re coming, but you have no idea what to expect. Luckily, a little knowledge can go a long way. Fees for loan…

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Understanding Your Mortgage Quote

By Mary Mack / March 28, 2018
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Prevent surprises at the closing table. Learn about the programs available to you. You’ve decided to buy—that’s a major financial commitment. Since you’ll probably have your mortgage anywhere from 15 to 30 years, it’s important to understand what your mortgage…

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Getting Started on Your Home Purchase

By Mary Mack / March 24, 2018
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Buying a home can be a challenging experience, but you have help. Your real estate agent is there to help with the home search and your mortgage lender is there to get you through the mortgage process. Utilize these people…

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The Different Mortgage Types for Homebuyers in 2018

By Tim Coutis / February 12, 2018
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It’s important to know about the many mortgage types prospective home buyers have to choose from before you hit the street this spring. Fixed-rate mortgages versus adjustable-rate mortgages, government-backed versus conventional loans—there are mortgage types to fit every situation. But,…

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What You Need to Know When Getting Help with a Home Down Payment

By Aly Yale / January 9, 2018
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When it comes to buying a home, there’s not just the mortgage rate and listing price to worry about. You also have to cover the home down payment—and if you don’t have much (or any) in savings, this could be the…

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How to Know If You Are a Good Candidate for a Mortgage Loan

By Aly Yale / January 1, 2018
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For a first-time buyer, the thought of applying for a mortgage loan can be daunting. Will you qualify? What sort of rate will you get? What type of mortgage should you apply for? Are you even a good candidate in…

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