Conforming or Non-Conforming Mortgage Loan?
Do you know the difference between a conforming and a non-conforming mortgage loan? We can help.
Do you know the difference between a conforming and a non-conforming mortgage loan? We can help.
For the first time in over a decade more people are choosing to buy a home rather than rent. An improving economy, low interest rates and rising costs of rent have all factored into this change; however, it can be argued that the real driver behind making home ownership the more attractive option is simply the fact that building home equity is a sound financial decision.
A large selection of homes in your local housing market can be a good thing – except when it’s not. While Americans may enjoy the freedom to choose where they live based on home affordability, too many choices can produce decision fatigue.
Despite fluctuations in the economy, home values continue to climb. Reuters reported in June 2018 that U.S. housing prices are expected to rise at twice the speed of inflation and pay. But, what does this mean for renters who are trying to save for a down payment and are doing so at a much slower rate?
Congratulations, you have found your dream home! You and your realtor have worked out all the details with the seller and have finally agreed to the purchase price. Now what?
Are you in you ready to take control of your life? Sidestepping these 10 mistakes can move you closer to financial freedom.
After months of looking, you finally found your dream home. It’s located in an area with a low crime rate, in one of the top school districts in the region, and to top it off - your move-in ready home is a few short miles from your employer. You’d move in next week if you could. But, before you rush…
You’re ready to buy a new home. You’ve agreed on a price, have a mortgage ready, and booked the movers. However, there is one final expense you’ll need to deal with before you can sign your paperwork, collect your keys, and move in. It’s called closing costs. Understanding what closing costs are and how much you’ll need to pay for them will help you budget for your new home.
By Chad Neiss - Vice President, Mortgage Lending You’ve been watching more than your fair share of home remodeling shows lately. And, who can blame you? With television networks devoted to backyard, kitchen, and whole home remodels, you can’t help but dream about life without the limitations that come with renting. But, it does make you wonder if homeownership is really…
How Much of Your Income Should Go Toward Housing? If you’re ready to start house-hunting – or if you’re just looking to build a better budget – you need to know how much of your income should go toward housing.