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​Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App

​Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App
Are you currently house-hunting or plan to be in the near future? If you plan on using mortgage financing to pay for your home, you will soon discover that there's no shortage of options available to you. You can meet with a local mortgage professional, apply for mortgages online and even download mobile apps that promise to set you up with a mortg...
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​62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You

​62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You
Are you and your spouse starting to move into your retirement years? If so, you already know that you are going to need a solid financial plan for when your primary sources of income are no longer bringing money in. If you have invested in your retirement, you might be all set. However, what if your house makes up the majority of your net worth?Let...
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Mortgage 101: How Interest-Only Mortgages Work and Why They're A Good Solution for Some Buyers

Mortgage 101: How Interest-Only Mortgages Work and Why They're A Good Solution for Some Buyers
Whether you're a first-time homebuyer or an experienced real estate investor, if you are planning to borrow funds to buy a home you will want to choose the right mortgage product. In today's blog post we'll explore how interest-only mortgages work and why they're the perfect choice for some homebuyers.How Interest-Only Mortgages Differ From Convent...
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How to Use a Mortgage to Buy a Home After Going Through a Bankruptcy

How to Use a Mortgage to Buy a Home After Going Through a Bankruptcy
While it is sometimes the best option to get your finances repaired, the bankruptcy and following discharge period can be tough. However, while it may delay things for a couple of years, the good news is that even a bankruptcy won't stop you from borrowing a mortgage to buy a home. In today's article, we will share some insight into how you can get...
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You Ask, We Answer: Should I Build a New Home or Buy an Existing One?

You Ask, We Answer: Should I Build a New Home or Buy an Existing One?
Are you looking to buy a new house in the near future? If so, one of the choices you will face is constructing your own brand-new home or buying an existing home. The idea of building a new house on the right piece of land might sound enticing, but what if you could have a larger, more luxurious existing home in the same neighborhood for a much low...
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Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor

Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor
Are you in the market for a new home? If you are planning on borrowing some or most of the home's purchase price, you'll want to prepare yourself for the mortgage process. Let's take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan.What's The Best Mortgage Option For Me?...
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Flood Insurance

Flood Insurance
Because flood insurance is not covered by your standard homeowners policy, you will need to consult your insurance agent or mortgage professional to determine if it is required for your property.If there is the possibility of a chance of flooding, it is wise to purchase a policy that covers the structure and your personal belongings.Your lender may...
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Four Mistakes to Avoid When Making an Offer for Your Dream Home

Four Mistakes to Avoid When Making an Offer for Your Dream Home
You've scoured the new home listings, been to all the open houses and have finally found the home of your dreams. It is now time to draft an offer and begin the negotiation process. Below we'll share four mistakes that you will want to avoid when making an offer on your dream home.Mistake #1 – Not Working With A ProfessionalThe first mistake that h...
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Worried About Interest Rates Rising? Here's How You Can Prepare for an Upward Trend

Worried About Interest Rates Rising? Here's How You Can Prepare for an Upward Trend
Whether you are just starting to shop for a new home or you've been paying off your mortgage for years, the news of potential interest rate increases may be worrying. Of course, interest rates naturally cycle higher and lower over time, so is there anything to be genuinely concerned about? In today's article, we'll explore interest rates and how yo...
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Did You Know: Your Choice of Community Will Impact Your Mortgage – Here's How

Did You Know: Your Choice of Community Will Impact Your Mortgage – Here's How
If you are in the market for a new home, you've probably begun the process of choosing the neighborhood or community in which you want to live. The perfect spot to call home will depend on your age, the size and composition of your family, your working life, and other factors. However, one thing you may not know is that the community you choose to ...
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The Easy 3-Step Guide to Get Started With Real Estate Investing

The Easy 3-Step Guide to Get Started With Real Estate Investing
Are you interested in expanding your investment portfolio with hard, long-term assets that are almost certain to grow in value? If so, you will want to consider investing in real estate. Let's take a look at how you can get started with real estate investing in just three easy steps.Start By Budgeting Your Time And MoneyReal estate investing is jus...
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It's Pre-approval Time: How to Get Your Finances for Your Mortgage Approval

It's Pre-approval Time: How to Get Your Finances for Your Mortgage Approval
Buying a new home is one of the most exciting experiences a person or family can have. Of course, before you can step foot into your new dream home you will need to get prepared financially, especially if you are taking out a mortgage to cover some of the purchase price. Let's look at a few key steps that will help you to prepare for the financial ...
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You Ask, We Answer: What Are the Fees and Costs That Come Along With a Mortgage?

You Ask, We Answer: What Are the Fees and Costs That Come Along With a Mortgage?
Have you been considering a mortgage for your next home purchase? As with any loan or financial product, there are a variety of fees and costs you may incur in the process of closing your mortgage. In today's post, we'll explore a few of these potential fees and the situations in which you may encounter them. Let's get started!Title Insurance Costs...
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Buying a New Home? Here's Why Mortgage Pre-Approval Should Be Your First Step

Buying a New Home? Here's Why Mortgage Pre-Approval Should Be Your First Step
Are you thinking about buying a new house, condo or apartment? Whether you are upgrading, downsizing or investing, if you intend on borrowing the funds you'll need to be pre-approved for a mortgage. In today's blog post we'll explore mortgage pre-approval and why this should be one of your first steps in buying a new home.Pre-Approval Helps To Dete...
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How Much Is the Right Amount to Commit to Your Down Payment? Let's Take a Look

How Much Is the Right Amount to Commit to Your Down Payment? Let's Take a Look
Are you thinking about buying a new house or apartment? If you are going to take out mortgage financing, one consideration you will have is your down payment, which is the amount you pay up front in cash to cover some of the purchase cost. Let's consider a few points that will help you to decide how much is the right amount for your down payment.Ho...
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Ready to Buy Your First Home? Don't Forget to Check Your Credit Score – Here's Why

Ready to Buy Your First Home? Don't Forget to Check Your Credit Score – Here's Why
Whether you're just out of college, recently married or simply haven't jumped into the market yet, buying your first home is an exciting prospect. It can also be an expensive one, which is why most people will take out a mortgage to help finance the cost.If you are planning on engaging with a mortgage lender, you'll need to have your finances in or...
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Understanding the Differences Between 'Prequalified' And 'Preapproved' For a Mortgage

Understanding the Differences Between 'Prequalified' And 'Preapproved' For a Mortgage
Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so you can start finding homes in your price range?Let's take a quick look at the diff...
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Pay Your Mortgage Off Faster With These Money-Smart Strategies

Pay Your Mortgage Off Faster With These Money-Smart Strategies
As with any loan or line of credit, there are benefits to getting your mortgage paid down. You'll pay less in interest, potentially saving thousands over the repayment period. Moreover, you'll own your home outright that much quicker.Let's explore four money-smart strategies that will help you to pay your mortgage off faster.Start With The Obvious ...
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Speed up Your Mortgage Closing Process With This Handy Four-step Guide

Speed up Your Mortgage Closing Process With This Handy Four-step Guide
Are you in the market for a new house or apartment? If you are financing the purchase by taking out a mortgage, you'll want to know how to make this transaction run as smooth as possible. In today's article, we'll share a quick four-step guide to speeding up the mortgage closing process.Step #1: Check In On Your Credit ScoreThe first step before ap...
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Wrapping It All Up: Don't Forget These Important Tasks After Closing on Your New Home

Wrapping It All Up: Don't Forget These Important Tasks After Closing on Your New Home
The negotiations are over. The seller has accepted your bid and the paperwork has been signed. Shortly, you'll be handed the keys to your new home and you can start moving in. But of course, the work doesn't end after the real estate closing process. In fact, it's just beginning! In today's article, we'll share a few essential tasks that you'll wan...
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