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The Pros and Cons of Using Spare Funds to Pay Your Mortgage Down Faster

by John Evans | Jun 11, 2015 | Home Mortgage Tips

A home mortgage payment can be a large or even the largest expense in a person’s budget, and not having this payment any longer can be a life changing experience. Because of this, you may be dreaming about the day when you no longer have to make this payment....

First-time Mortgage Borrowers: Avoid These “Rookie Mistakes”

by John Evans | Jun 9, 2015 | Home Mortgage Tips

Many home buyers who are applying for their first mortgage will go to great lengths to research the options, learn more about loan terms and generally educate themselves about a process that they are unfamiliar with. Despite these common steps that rookie mortgage...

Which is Better: Bi-weekly or Monthly Mortgage Payments? Let’s Take a Look

by John Evans | Jun 4, 2015 | Home Mortgage Tips

When you apply for a new mortgage, your lender may ask if you want to set up monthly payments or bi-weekly payments. At one time, monthly payments were common, but bi-weekly payments are increasing in popularity. This is because they break a large expense up into two...

An Insider’s Guide to Fannie Mae’s HomePath Program and Closing Cost Assistance

by John Evans | Jun 2, 2015 | Home Mortgage Tips

Home buyers today may be concerned about finding the perfect home to purchase, but they are also often concerned with the process of applying for a mortgage. The loan application process itself may seem daunting, but many are concerned about finding a great deal on...

Did You Know: Reverse Mortgage Requirements Are Changing – Here’s How

by John Evans | May 28, 2015 | Home Mortgage Tips

Many seniors have taken advantage of reverse mortgages in recent years. These unique mortgages allow seniors who are existing homeowners to tap into their home equity without taking on a mortgage payment. This can be a true benefit to seniors who are on a tight budget...

Refinancing on a FHA Mortgage? Learn More About the FHA Streamline Refinance

by John Evans | May 21, 2015 | Home Mortgage Tips

Home buyers are often drawn to the FHA mortgage program due to the low interest rates, low closing costs and generally attractive loan terms. However, there will come a time when many who have an FHA mortgage want to refinance. After all, refinancing a mortgage may...
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