Home Mortgage Tips

Face The Numbers, A Mortgage That Works For You
By January 2, 2014 0 Comments Read More →

Face The Numbers, A Mortgage That Works For You

Before taking out a mortgage to buy a home, it’s time to take a realistic survey of your finances so that you can determine your price range and what size of home you can comfortably afford.

Posted in: Home Mortgage Tips
Get The Lowdown On Private Mortgage Insurance
By October 16, 2013 0 Comments Read More →

Get The Lowdown On Private Mortgage Insurance

You may have heard the term Private Mortgage Insurance when looking to finance real estate. What is PMI, and how do you know when you need to purchase it?

The answer can be hard to find among all the real estate jargon you’re hearing lately. Below is the short version of what you need to know.

Posted in: Home Mortgage Tips
When Is It A Good Idea To Use A Home Equity Loan?
By October 8, 2013 0 Comments Read More →

When Is It A Good Idea To Use A Home Equity Loan?

A home equity loan is a type of loan that allows you to use the equity of your home as collateral. It is an option that home owners have available to them and that some people use to pay for major expenses such as home renovations, college education or medical bills.

These types of loans became popular in 1996 because they provided a way for consumers to circumvent their tax charges for that year, which eliminated the deductions on the interest for most consumer purchases.

Posted in: Home Mortgage Tips