Read This Before You "Rocket" Your Mortgage
Digital convenience is essential in today's world --even when applying for a mortgage. Submitting your home loan application and all the necessary documents with just a few clicks is not only easy, but it also makes the approval process faster and available to you where ever you are.
The Difference Between a Co-Borrower and a Co-Signer on a Mortgage
Buying a home often means buying it alongside another person. It may be a spouse, a parent, with your adult child, a family member, or another significant other. If you plan on purchasing a home and plan on including another party, it's important to know what to look for in a "purchasing...
Using A Second Mortgage Like Your Secret Stash
A second mortgage is a home equity loan or a home equity line of credit, and just like your original mortgage, a second mortgage is secured by your home. Although it may seem counter-intuitive to take out "another loan" on your home, a second mortgage is a way for you to tap into your resources...
Can Rate Changes Affect Your Current Mortgage?
Mortgage rates are changing all the time, and despite being lower than they were 20 years ago, the current trend shows that rates are going up. If you're already a homeowner, you may pay little attention to mortgage rate news --especially if you think your mortgage is unaffected by changes...
Reasons to Refinance When Rates are Rising - 5 Examples
In previous posts, we talked about the current rise in mortgage rates and whether it's still a good time to buy a home (yes it is!).
This week, we want to focus on refinancing and whether you should consider it in this market. While it may not be the right time to refinance for all homeowners,...