This is a topic that is often misinterpreted by consumers and knowing more about it and where to find this information can save you thousands of dollars. Mortgages are structured over a period of time called ‘Amortization’ which can go up to 30 years and some lenders may allow even...
Common Mortgage Application Mistakes
Mortgages are extremely complex by nature and there are plenty of common mistakes you may be overlooking throughout the mortgage application process. In order to have a successful lending application, knowing and understanding such errors can help you better prepare yourself. That said, it's important that you know what to...
What Is the Difference Between a Refinance and A Second Mortgage?
Are you looking to tap into the equity of your home or refinance your current mortgage? If so, then you may be considering either a second mortgage or a refinancing of your current mortgage. While both may have some similar benefits, there are also distinctions worth considering. In this article...
What are Alternative Mortgage Lenders?
Mortgage is one of the biggest investments you'll make in your lifetime and, since a mortgage can last for many years, you need to be sure you're making the right decision. The good news is that there are plenty of mortgage lenders available and what works for one person might...
How To Improve Your Credit Score
You might wonder, how could improving your credit score be hard? Well, actually there is a lot that goes into it and it's not as simple as paying off debt then keeping a low balance on each account. In fact, it's so much more complicated than that and many people,...
How Inflation Affects Your Mortgage Payments
If you're looking to buy a home or already have one, you may have noticed that mortgage interest rates have been going up over the past year. As you are probably aware, the cost of living has increased because of inflation. Everything seems to be more expensive including gas, groceries,...