Mortgage Blogs

 

 

Buying a Home With a Mortgage? Here’s What You Can Expect at Your Closing Meeting

Buying a Home With a Mortgage? Here’s What You Can Expect at Your Closing Meeting

If you’ve decided to invest and have finally found your ideal home, it’s probably an exciting time for you and your family. But before the deal is sealed, there will be a closing meeting so that all of the loose ends can be tied up. If you wa

Apr 07, 2017 |

Your Debt-To-Income Ratio and How It Affects Your Mortgage

Your Debt-To-Income Ratio and How It Affects Your Mortgage

When you’re delving into the market in the hopes of finding your dream home, it’s likely you’ll come across the term debt-to-income ratio. This may not seem important at first, but your DTI is the key to determining the amount of money

Apr 05, 2017 |

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

Buying a home is one of the largest investments you will make in your life, and that’s why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here

Apr 05, 2017 |

What’s Ahead For Mortgage Rates This Week – April 3, 2017

What’s Ahead For Mortgage Rates This Week – April 3, 2017

Last week’s economic news included Case-Shiller Home Price Index reports, pending home sales, and consumer confidence readings. Weekly readings on average mortgage rates and new jobless claims were also released. Case–Shiller: Home Prices Hig

Apr 04, 2017 |

Student Loans vs. Down Payments: 3 Ways You Can Manage Both and Buy a New Home

Student Loans vs. Down Payments: 3 Ways You Can Manage Both and Buy a New Home

The idea of paying off your student loans and buying a home at the same time can seem like an impossible feat given the impact on your Debt-to-Income (DTI) ratio. However, there are ways it’s possible to have enough funds and good enough credit to

Apr 01, 2017 |

Trim Your Mortgage Closing Costs by Following This Easy 3 Step Guide

Trim Your Mortgage Closing Costs by Following This Easy 3 Step Guide

You may be so busy with determining your debt-to-income ratio and deciding what kind of offer to make that closing costs have gotten lost in the mix, but it’s important to remember that finalizing your mortgage will cost you extra. While there̵

Mar 31, 2017 |