Blog
30
2017
Senior citizens sometimes require extra income to supplement their social security, savings, and investments. Whether it’s for medical expenses, building savings, or to take up a new hobby, this extra income can be obtained through a reverse mortgage. As discussed in our previous blog post in this series, reverse mortgages offer a range of payout methods, including… Continue Reading Blog Series: Reverse Mortgage Payouts (Tenure Payment)
25
2017
As we head towards June, summer is on our doorstep! With weather forecasters predicting a hotter-than-average summer for much of the country, and with the average household facing a $410 monthly electricity bill, lowering your air conditioning (AC) costs can provide major benefits for your finances. Here are some simple strategies to lower your AC… Continue Reading How to Lower Your Summer Air Conditioning Costs While Staying Cool
24
2017
If you’re planning on buying a home, you have an empowering journey ahead that can provide long-lasting benefits. Whether it’s six months or a year before you buy a home, it’s important to have your finances in order. We recommend improving your credit (most importantly, always pay your bill on time), following a budget, and… Continue Reading Why You Shouldn’t Shop for a Car Before Buying a Home
22
2017
With Americans living longer than ever, it’s harder for seniors to remain financially stable while extending their savings. This is causing many seniors to delay retirement so they can work more years. Others are downsizing their homes or turning to family for assistance. Fortunately, there’s a solution that can help seniors build savings, prepare for… Continue Reading Blog Series: Reverse Mortgage Payouts (Line of Credit)
18
2017
For individuals and families considering buying their first home, it can be easy to feel overwhelmed and question whether you should keep renting. After all, buying a home commits you to years of monthly home payments (and risk) in an uncertain global economy. Owning a home also provides a long list of benefits, including increased… Continue Reading Six Compelling Reasons to Buy Your First Home
17
2017
Your Realtor is an important part of the homebuying process, and a valuable resource for you. One of the most exciting homebuying moments is discovering a home you love. When you find that house, here are six essential questions to ask your Realtor:
15
2017
Those looking for a low to no down payment mortgage have options. From VA loans to HomeReady Loans to loans only available via the state, there are many different mortgages available for those who do not have the traditional 20% down payment. The most common of these home loans is the FHA loan, backed by… Continue Reading Loan Comparison: How USDA Loans Measure Up to FHA Loans
11
2017
The housing market has recovered considerably since the crash. Homes are now back in high demand, and – thanks to stricter lending practices – the likelihood of another crash in the future has been drastically reduced. For investors, this means that now is a great time to consider purchasing a rental property. Home costs are… Continue Reading Five Tips for Obtaining a Mortgage for a Rental Property
9
2017
These days, saving money has become harder than ever. With wages stagnating, and expenses on the rise, not many first time home buyers have enough saved to make a 20% down payment. Even those that do may not have enough left over to feel comfortable in their home should anything go wrong. Lenders understand this.… Continue Reading Five Low and No Down Payment Mortgage Options for 2017
8
2017
April was another busy month in the mortgage industry. Here are some recent articles, highlights and homeowner tips: Two Blockbuster Months In A Row Signal Steaming Home Market Pending sales, which are home purchase transactions in which a buyer has signed a contract, reached their best two-month total since April and May of 2016. Key… Continue Reading Mortgage Industry Highlights – April 2017
