Whether you are considering purchasing a home for the first time or are seeking a mortgage to cover the difference between your current home’s equity and the purchase price of your new property, it is important to carefully choose the right mortgage lender. What is right for one person may not be right for the […]
Pre-Qualified vs Pre-Approved: What’s The Difference?
The process of buying a home can seem difficult, whether it is your first time or your tenth. However, first time buyers in particular may struggle to understand exactly how much house they can afford and what their first mortgage may look like. In order to better comprehend their buying ability and make wise long-term […]
How To Qualify For A Mortgage If You Are Self-Employed
Taking out a mortgage on a home is a significant financial decision, but it can seem even more daunting for those who are self-employed. Those who work at businesses of their own making already need to adjust to new ways of managing their finances, such as paying both the employer and employee portion of taxes. […]
5 Questions to Ask Before Taking Out a Home Loan
If you are considering the purchase of a home, especially if it is your first, you may not be entirely sure what all of the fine print in your mortgage means. The process of signing all the home loan paperwork means that you will be jotting down your name dozens or even hundreds of times, […]
First-Time Home Buyer Financing Programs In Virginia
Buying your first home is exciting, though a bit daunting. If you finance your first home by taking advantage of the many loan programs available to you, you can be comfortable with your purchase for many years. For many first-time home buyers, the biggest challenge is how to finance the purchase. First-time buyers in Virginia […]
5 Best Uses For Home Improvement Loans
Many homeowners struggle to keep up with the “to do list” of projects that need to get done around the house. Bigger projects get put on hold because the homeowner does not have the cash to pay for them and they are too big to be DIY projects. Keeping up with home maintenance becomes more […]
What Are Down Payment Assistance Loans?
Looking for down payment assistance loans? Now more than ever before, buyers have an array of options for financing the purchase of a new home. Buying a home traditionally requires the buyers save up money for the down payment. What Is a Down Payment? The down payment is the amount of money a buyer must […]
Mortgage Interest Rate vs APR: What is the Difference?
Taking out a mortgage loan often involves deciphering a lot of financial jargon that you have never had to understand before. Interest rate and annual percentage rate (APR) are two of the most confusing terms for a lot of people, because they seem to be talking about the same thing. While the interest rate and […]
How Do Debt Consolidation Loans Work
Debt consolidation loans take multiple debts and combine them into one (with a single, easy to manage, and budget-friendly interest rate). There are many advantages to this, and for many people, it can be a life-save that helps them manage their finances and get out of or recover from debt. In this post, find out […]
