Factors to Consider Before Taking Out a Reverse Mortgage: Insights from a Mortgage Company in Plymouth, Minnesota
For many homeowners aged 62 and above, reverse mortgages can be an excellent retirement tool. It allows you to take out a loan against the equity you have built up in your home. It not only supplements your income, but it also helps you to live in your home for as long as you want. […]
Questions Your Mortgage Lender Will Ask: Insights from a Mortgage Company in Urbana, Illinois
Are you planning on buying a home in Urbana, Illinois? It can be a daunting task. Finding a home can take time and effort. Not to mention the questions to be answered and paperwork to be completed. When you decide to buy a home, you should get your finances in order. As you are looking […]
Fixed-Rate or Adjustable-Rate: Which Conventional Mortgage is Right for You? Insights from a Mortgage Company in Eau Claire, Wisconsin
Although home prices have dramatically outstripped incomes in many parts of the country (the typical home value of homes in Wisconsin is $222,738, whereas the median household income is $61,747), the dream of homeownership remains a big part of the American story. However, for many people in Eau Claire, taking out a conventional mortgage is […]
How Many Mortgage Quotes Should I Get? Insights from a Mortgage Company in DeKalb, Illinois
When it comes to finding the right mortgage company in DeKalb, Illinois, it is important to shop around. The more time and effort you put into your hunt, the better your odds of finding the best rate. You are shopping for what is most likely one of the biggest purchases you will make in your […]
Five Questions to Ask a Mortgage Broker When Refinancing: Insights from a Mortgage Broker in Bloomington, Minnesota
If you want to bring down your interest rate or consolidate your debts, refinancing your home in Bloomington, Minnesota can be a great option. Be careful, however, as taking out the wrong mortgage can have serious financial implications. Here are five important questions you should ask your mortgage broker in Bloomington, Minnesota when refinancing to […]
Is Home Refinancing the Right Decision for You? Insights from a Mortgage Company in Normal, Illinois
A few wise financial decisions can secure your economic situation in the future by allowing you to save a significant amount of money. Within this context, refinancing your home in Normal, Illinois, may prove to be the most financially wise decision you can make…but only if your timing is right. In this blog, we’re going […]
Home Refinancing with Poor Credit? Insights from a Mortgage Company in Waukesha, Wisconsin
You may be in the same boat as many other homeowners in Waukesha, Wisconsin: you bought your home when interest rates were much higher than what they currently are, and now you’re looking to refinance. However, the problem is, you have poor credit. Some homeowners assume that their poor credit would make refinancing at a […]
Mortgage Mistakes that Can Cost You Money: Insights from a Mortgage Broker in Decatur, Illinois
Are you considering taking out a mortgage? If so, there are some things you should know before choosing a mortgage broker in Decatur, Illinois. Specifically, you’ll want to avoid these five common mistakes that could result in you paying too much money now or suffering budget woes later.
How to Prepare for Home Refinancing: Insights from a Mortgage Company in Brooklyn Park, Minnesota
When refinancing your home in Brooklyn Park, Minnesota, securing a mortgage can be both confusing and intimidating. The bulk of this stress stems from the fact that the search is often approached without adequate knowledge and preparation. It is not wise to simply schedule an appointment with a mortgage lender in Brooklyn Park and expect […]
What are the Responsibilities of a Mortgage Lender? Insights from a Mortgage Company in Bloomington, Illinois
Have you recently decided to purchase a home in Bloomington, Illinois? If so, first things first — congratulations. Now, unless you have enough money to pay for the house in full (the typical home value of homes in Bloomington is $180,129), you will almost certainly need the services of a mortgage company in Bloomington, Illinois. […]