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How to Improve Your Credit to Get a Better Mortgage Deal

In today’s rising interest rate climate, many potential homebuyers are looking for ways to save on a home purchase. One of the best proactive things you can do is to improve your credit score as May 23, 2023

Do I Have to Pay Private Mortgage Insurance?

Lenders often require borrowers to pay for private mortgage insurance (PMI) on top of their mortgage loan. PMI is a type of insurance that actually protects the lender, not the borrower, against defau May 16, 2023

Is a Conforming Loan the Same as a Conventional Loan?

As you begin the mortgage process, you’ll have lots of terminology thrown at you that can be a little confusing. Two similar sounding terms that might have you perplexed are conforming and conve May 09, 2023

Why Is My Mortgage Escrow Account Sending Me a Check?

After making all your mortgage payments for several years, you suddenly get a check in the mail from your escrow account. If you didn’t pay close attention during your mortgage closing, you may May 02, 2023

What Is a Convertible Adjustable-Rate Mortgage?

If you are in the market for a home loan, an adjustable-rate mortgage may be very attractive in today’s higher rate climate. If you’ve looked into ARM loans, you may also have come across the term “co Apr 25, 2023

What is an Assumable Mortgage?

There are many ways to structure a loan for buying a home. One lesser-known way is with an assumable mortgage. Here’s what that means and how it works: What is an Assumable Mortgage? An assumable mort Apr 18, 2023