Renovating in 2018? Cash-out Mortgage Refinancing Might Be the Best Way to Fund It

If you are a homeowner thinking about a significant home renovation in 2018, you have probably already considered your budget. As with any large project, you need to have the ability to pay the expected costs plus have a little bit extra set aside, just in case. The great news is that if you are a homeowner with a mortgage, you may qualify for cash-out refinancing, which can be a helpful way to leverage some of your home equity to cover renovation costs. In today's blog post we'll explore the Continue Reading

3 Great Reasons to Use an Experienced Mortgage Professional for Your Next Mortgage

Are you thinking about buying a new home in 2018? Whether you are a first-time home buyer or you're downsizing now that the kids have moved out, you are likely considering whether or not you will need a mortgage. Even if you can afford to buy a home in cash, taking out a mortgage can help you maintain your liquidity for other spending purposes. No matter what the case, you will want to work with someone who can help you understand your options and what the right decision might be. Let's explore Continue Reading

Buying a New Home in a Hot Real Estate Market? Here Are 4 Tips You Will Need to Be Successful

Are you in the market for a new house? In a buyer's market, finding and closing on a beautiful home can seem very easy. However, if you are shopping when the market is hot, you may end up fighting bidding wars and losing your dream home to a competing buyer. Let's take a look at four tips that you will need to be successful when house hunting in a hot local real estate market. Tip #1: Do Your Research Ahead Of Time It should go without saying that in a hot market you will need to move quickly. Continue Reading

3 Completely False Myths About Reverse Mortgages That Need to Be Debunked

Are you a senior or retired individual older than 62 who is looking to supplement their retirement income? If so, you may have heard about a unique financial product known as a reverse mortgage. In today's blog post we will explore three myths about reverse mortgages and share why they need to be debunked. Let's get started. Myth #1: Reverse Mortgages Are Expensive The first myth we will debunk is that reverse mortgages are costly financial products that are full of fees. In fact, nothing could Continue Reading

On Time, Every Time: How Being Late on Monthly Payments Can Affect Your Mortgage

Are you the type of person that struggles with remembering to pay their bills on time? You're not alone. People across the country regularly submit late monthly payments, inflicting terrible damage to their credit. Let's take a quick look at how paying your loan or other monthly payments late can have a negative impact on your mortgage. Your Credit Score Is At Risk As you already know, almost all banks, credit cards, mortgage companies and other lenders rely on your credit score to help assess Continue Reading