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Yes, You Should Take the Plunge and Buy a New Home in 2017. Here's Why

Yes, You Should Take the Plunge and Buy a New Home in 2017. Here's Why
Are you thinking about buying a house, apartment or condo? In many markets across the country, there's never been a better time than now to become a homeowner. In this post, we'll share a few reasons why the conditions are right to jump into the market and buy a new home.Interest Rates Are Heading UpIf you're like most home buyers, you're probably ...
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You Ask, We Answer: What Kind of Fees Are Involved When I Get a Reverse Mortgage?

You Ask, We Answer: What Kind of Fees Are Involved When I Get a Reverse Mortgage?
If you are approaching your golden years and seeking a bit of financial flexibility, you might want to look at a reverse mortgage. This unique financial product is only open to individuals over 62 years of age. It allows you to convert some of your home's equity into cash which you can use as needed in your retirement.Of course, a reverse mortgage ...
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The Quick and Easy Guide to Determining How Big of a Mortgage Your Family Can Afford

The Quick and Easy Guide to Determining How Big of a Mortgage Your Family Can Afford
Are you shopping around for a new house or an apartment? One of the key considerations you will need to make is figuring out how much you want to invest in your new home. Below you'll find our quick and easy guide to determining just how much "house" you can afford. Let's get started!Start By Making A Proper BudgetThe first thing you'll want to do ...
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Graduating From College? 3 Things You Need to Know About Mortgages and Student Loans

Graduating From College? 3 Things You Need to Know About Mortgages and Student Loans
Are you thinking about buying a new home using a mortgage loan? If you've just graduated from college, you're probably wondering how your student loans will impact a mortgage and what your options are. In today's post, we'll share three things that you need to know about mortgages if you're still working on paying off your student loan debt.#1: Yes...
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Closing Costs 101: Expert Tips for Keeping Your Costs Down When Finalizing Your Mortgage

Closing Costs 101: Expert Tips for Keeping Your Costs Down When Finalizing Your Mortgage
Are you thinking about buying a new home? If you are going to make use of mortgage financing, you may be wondering about some of the costs attached. As you may have heard, all mortgages have a number of fees and other costs that are assessed at the "close," or when you finalize the loan. Let's look at a few expert tips that will help you to keep yo...
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​4 Smart Money Habits That Will Help You Save up a Mortgage Down Payment Faster

​4 Smart Money Habits That Will Help You Save up a Mortgage Down Payment Faster
Are you ready for home ownership? The prospect of owning your own house or apartment is an exciting one, but with any financial transaction this large, there are some things to consider. The first is your down payment – that is, the initial payment you'll put against the cost of the house to reduce the amount that you're borrowing in a mortgage. Le...
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Is It Possible to Get a Mortgage With Less-than-Perfect Credit? Yes – and Here's How

Is It Possible to Get a Mortgage With Less-than-Perfect Credit? Yes – and Here's How
Are you thinking about buying a new house? Whether you're a first-time or experienced buyer, if your credit score isn't looking too hot it can affect how much mortgage financing you receive – or whether you're approved at all! But don't fret. It's still possible to get a mortgage approved, even with credit issues. Below we'll share a few ways that ...
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Recently Lost Your Job? 3 Tips for Managing Your Mortgage When You're Out of Work

Recently Lost Your Job? 3 Tips for Managing Your Mortgage When You're Out of Work
The financial responsibility of a monthly mortgage payment can be stressful on its own, but you may be even more concerned about your home investment if you've recently lost your job. Fortunately, there are some things you can do and places you can turn if you're not yet certain where your next paycheck will come from. If you're struggling with new...
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Understanding Your FICO Score and Why Small Credit Mistakes Can Cause Huge Headaches

Understanding Your FICO Score and Why Small Credit Mistakes Can Cause Huge Headaches
Many people all over the world are dealing with issues involving debt or poor credit history, but most aren't necessarily aware of what exactly makes up their credit score. Unfortunately, it might seem like it's the big stuff that counts when it comes to credit, but little things can have a significant impact on your financial health. If you're loo...
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Buying a Home in a Fire Risk Area: Here's What You Need to Know

Buying a Home in a Fire Risk Area: Here's What You Need to Know
Outside of the significant financial responsibility of delving into home ownership, there can also be a lot of other risks involved that you may not have thought about as a new homeowner. While the requirement of homeowner's insurance is well known and guarding your house against theft can be commonplace, if you happen to be living in an area that'...
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Budgeting 101: How to Plan Your Budget Around Your Monthly Mortgage Payments

Budgeting 101: How to Plan Your Budget Around Your Monthly Mortgage Payments
If you've decided to invest in a home, you might be wondering how to make all the expenses work from the groceries to your mode of transportation to all those little things that quickly add up. Fortunately, it's easy enough to ensure you have the money each month by calculating your expenses and ensuring there's a little wiggle room in the leaner t...
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Forget About the Bank of Mom and Dad -- Here's How You Can Save Your Own Down Payment

Forget About the Bank of Mom and Dad -- Here's How You Can Save Your Own Down Payment
Since you'll want to have approximately 20% of the purchase price of your home for a down payment, it can seem nearly impossible to come up with the funds. Fortunately, there are a few ways that you can save a little over time and not have to borrow from the Bank of Mom and Dad. If you're looking to invest in a home in the short-term and are lookin...
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With Mortgage Rates This Low, Should You Lock In? 3 Reasons Why Now Might Be the Time

With Mortgage Rates This Low, Should You Lock In? 3 Reasons Why Now Might Be the Time
Whether you've just finished school or you're on the market for a new place to live, investing in a home can be one of the biggest investments of your life. As a result, it can be difficult to know what the right choice is and if you're in a good position to make it a solid financial move. If you think the time might be right for you, here are some...
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Investing in a New Home? 3 Reasons You Can't Skip the Pest Inspection

Investing in a New Home? 3 Reasons You Can't Skip the Pest Inspection
There are so many small details involved in the final sale of a home that it can be easy to forget about all the things that need to be done. While you won't be able to forget about a home inspection, a pest inspection can be every bit as important before you sign on the dotted line. If you're wondering why you shouldn't forego this important step,...
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Finding Your Latte Factor: 3 Ways to Find the Money to Make Extra Mortgage Payments

Finding Your Latte Factor: 3 Ways to Find the Money to Make Extra Mortgage Payments
It's not common for many a homeowner to struggle with making their monthly mortgage payment. However, simply because it can seem hard to come up with the funds monthly doesn't mean it's not possible to find the money for extra mortgage payments each year. If you're wondering how you can pay down your mortgage debt much sooner with extra money, here...
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Thinking About a New Home? 3 Reasons Why a Mortgage Will Be the Best Money You Ever Borrow

Thinking About a New Home? 3 Reasons Why a Mortgage Will Be the Best Money You Ever Borrow
In these days of low interest rates, it can be a great idea to get into the real estate market and invest in a home. Unfortunately, if you don't have the funds saved up for a down payment, it can seem like more of a burden than it's worth to buy now. While borrowing the money for your down payment might seem like the road backward, here are a few r...
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Mortgage Tips: Answers to 4 Common Questions About Reverse Mortgages

Mortgage Tips: Answers to 4 Common Questions About Reverse Mortgages
There are many mortgage products on the market that work for all different kinds of homebuyers, but many people have not heard about reverse mortgages and how they can benefit their situation. If you're curious about this type of mortgage and want to know more, here are some questions that will get you on the road to understanding the ins-and-outs ...
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Understanding How Mortgage Calculators Work and When to Make Use of One

Understanding How Mortgage Calculators Work and When to Make Use of One
Investing in a home is a big financial decision, and along with the decision to buy is the question of how much mortgage you'll be able to afford. While your debt-to-income ratio can be helpful in determining the range for your mortgage amount, a mortgage calculator can be a beneficial tool in coming to a potential price. If you're curious about ho...
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Thinking About Investing in Real Estate? Here's What You'll Need to Get a Second Mortgage

Thinking About Investing in Real Estate? Here's What You'll Need to Get a Second Mortgage
The decision to invest in a home is a big one for many people, but if you're making the foray into real estate the second time around, it's even more important to be financially aware and prepared. If you're wondering what you'll need in order to get approved for an investment property, here are some things that you'll want to consider before decid...
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Dealing With a Tight Housing Market? 3 Tips to Ensure You Get the Mortgage You Need

Dealing With a Tight Housing Market? 3 Tips to Ensure You Get the Mortgage You Need
In many cities around the country, real estate prices are on the rise and potential buyers are working hard to find a home they can feel good about. However, finding the right home in a tight market can be even more of a challenge when it comes to striking the right balance. If you're hedging around the market in the hopes of finding the perfect ho...
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