Category: Mortgage

Founded in 2014, Better Mortgage is an online platform that connects borrowers with top real estate agents across the country and provides them with mortgage rates and homeowner’s insurance. Through its web interface, borrowers can apply for loans, get rate quotes and submit required documents digitally.

A reverse mortgage can be the solution for you if you’re 62 years or older, own a home and are looking at your options for income in retirement. This financial tool allows you to convert equity in your house into ready cash without having to make fixed or monthly payments.

Investigating non-traditional approaches to money management can offer you a competitive advantage in today’s financial environment. Refinancing your house is one such tactic to reduce the load of your student loans. Refinancing your house could seem like a good idea, but it might not be the best decision for everyone.

Purchasing a home can be a daunting task, especially for first-time buyers. There are many financial aspects that need to be considered such as down payments, mortgage terms, interest rates, property taxes and insurance premiums. On top of this there may be other expenses like land transfer taxes, legal fees, appraisal fees and inspection costs.

Before purchasing a house, it is a smart move to get pre-approved for a mortgage. Not only does this save lots of time and reduce anxiety, but it also simplifies the process for first-time buyers or those moving up to their next home.

A house is a major step, often taking time and much effort. The good news is that there are many ways to achieve this dream in today’s world. One of the most practical methods among these options is an FHA loan. Know about FHA loans? That’s right, you can use an FHA loan instead of a mortgage.

When it comes to reviewing your mortgage at some point in the future, you may want to reconsider refinancing for a number of reasons. For example, taking advantage of home equity, bundling debt into one payment or enjoying lower interest rates could all be driving motivators.

Want a house of your own, but can’t afford it? Don’t worry! Some people may think that they cannot own houses, but mortgages can still be obtained with a less than ideal credit score. There’s a way to enter the world of homeownership so don’t let your credit past stop you from achieving it.

Sometimes mortgage lenders make an interesting offer: pay your mortgage every two weeks instead of once a month. The idea is that you’re paying 26 times in a year (52 divided by 2) instead of the usual 24 (12 months times 2). It’s an extra payment annually. This might help you own your home sooner and save tens of thousands in interest over the life of your loan.