Whether you're buying or refinancing, you have a number of choices. One of those is your loan term. While the overwhelming majority of home buyers and home owners elect to go with the 30-year mortgage, you may be wondering if a 15-year home loan... (Read More)

Do you know the difference between discount points and origination points? These are two important terms any home buyer should understand. Each type of point is equal to 1 percent of your total loan amount. For example, on a $200,000 loan, one... (Read More)

Your credit score is an important number that can affect the interest rate you can get for a mortgage and even whether you can qualify for certain types of home loans. It's not the same as your credit report. Think of your credit score as a... (Read More)

Are you looking for a way to use real estate as an investment? If so, we have an idea that you will want to consider — flipping homes. How It Works When you flip a home, you purchase a home for the lowest price possible. This will most... (Read More)

Congratulations! You are using your VA loan benefit to buy a home. Once you are under contract on a home, the lender will tell you that the home needs to be appraised. People usually have many questions about appraisals. The following are some of... (Read More)

Congratulations! You are using your VA loan benefit to buy a home. Once you are under contract on a home, the lender will tell you that there needs to be a VA appraisal ordered. People usually have many questions about appraisals. The following... (Read More)

The busiest home buying seasons are spring and summer. Summer is an ideal for many people and families to make a move and settle in before fall, the start of school and the holidays. But there can be some advantages to shopping for a home in the... (Read More)

There’s more to your monthly mortgage payment than the amount you borrowed to purchase your home. When you’re calculating how much house you can afford, be sure to consider all of the components that typically make up your monthly home loan... (Read More)

When buying a home, you have the option of selecting a fixed-rate home loan or one with an adjustable rate. ARMs are attractive to some home buyers today because the introductory rates — and monthly payments — often are lower than with... (Read More)