Tag: Mortgage

Posted on 11/12/2023
The basics of selling a mortgaged house
Selling a mortgaged house is a common real estate transaction. If you want to move out of your home but still have outstanding mortgage payments, you have the option of selling and using the proceeds to cover the amount of your remaining balance. Are you interested in selling your home with an outstanding mortgage? Here is a quick...
+ 1 more
Read More
Posted on 11/01/2023
Term of a mortgage: Understanding the basics
A major aspect of financing a home is choosing the “term”...
+ 2 more
Read More
Posted on 08/06/2023
How mortgage works: A guide to the basics
Getting a mortgage is a major part of the homebuying journey, but many first-time borrowers wonder: “how does a mortgage work?” While the basic concept of a loan might be simple, mortgages come with an entire process consisting of multiple stages. Most borrowers begin by comparing mortgage lenders and getting preapproval for a specific amount of money. But...
+ 2 more
Read More
Posted on 09/11/2022
Understanding Who Is Eligible for a VA Loan
A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...
+ 8 more
Read More
Posted on 05/08/2022
The pros and cons of mortgage points
When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points. Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of time. Sometimes considered “discount points,”...
+ 7 more
Read More