The Importance of Doing a Home Inspection Before You Buy ››

The Importance of Doing a Home Inspection Before You BuyBuying a new home is an exciting – though sometimes a little overwhelming – process. For a first time home buyer, the transaction is likely to be even more emotionally charged. Owning a home represents a big part of the American dream,

How Does A Mortgage Rate Lock-In Work? ››

How Does A Mortgage Rate Lock-In WorkThere are many different steps to getting a mortgage. Even after you find a lender you feel comfortable working with, you’ll have to decide what type of mortgage product best fits your needs. The two most important aspects of your mortgage will

Information and Advice on Fees that are Entailed in Buying a Home ››

Information and Advice on Fees that are Entailed in Buying a HomeBuying a new home is generally one of the most significant financial decisions that a person makes in their life. It’s extremely rare to pay the entire purchase price in cash, so we are all familiar with the concept of getting a

Understanding Amortization and How Mortgages are Paid Down ››

Understanding Amortization and How Mortgages are Paid DownThe process of buying a house or a condominium is different than buying just about anything else. It’s possible to save up and pay cash for new home appliances, a new car or just about anything else, but it’s usually not possible

Advice on How to Get a Jumbo Mortgage ››

Advice on How to Get a Jumbo MortgageThere’s a good chance that you probably already know a little bit about the process of obtaining a mortgage loan to purchase a home. Perhaps you’ve even gone through it a few times yourself, so you know about what to expect with

Advice on How to Shop for a Mortgage Online ››

Advice on How to Shop for a Mortgage OnlineIn years past, the getting a mortgage to buy a new home would involve going to your local bank and meeting with a loan officer who, chances are, you might have already known personally. Today, there are many other options for getting

Borrowing Advice Money Saving Strategies for 2012 ››

Red Roofed HouseWhile achieving your financial goals won’t always correspond to precise dates on a calendar, it’s common to use the beginning of each new year as an opportunity to plan major actions relating to your finances and your budget. One big financial step

Borrowing Mistakes to Avoid ››

Borrowing Mistakes to AvoidMost of us do everything we can to avoid getting sick. We wash our hands regularly, make sure our food is adequately cooked and do all of the other little things so that we don’t come down with a cold or the

Top Tips to Negotiate Your APR ››

Top Tips to Negotiate Your APRCredit cards offer a great deal of convenience and give us access to credit at a moment’s notice. So why do so many people think they’re evil? One reason is because they often come with a high APR (annual percentage rate). Since lending

Second Mortgage Myths and Facts ››

Second Mortgage Myths and FactsThere’s been a lot of activity in the residential real estate and real estate lending markets over the past few decades. Home prices have spiked and fallen in many parts of the country, while foreclosures and similar proceedings are at or near