by John Evans | Nov 13, 2013 | Mortgage Tips
FHA loans are becoming increasingly popular these days as potential homeowners are not able to qualify for mortgages from traditional lenders. The FHA insures these high-risk loans, in turn allowing borrowers with low down payments and less than perfect credit to...
by John Evans | Nov 7, 2013 | Mortgage Tips
Owning a home can be a sign of independence and success. It allows you to build up equity and the mortgage interest and property taxes are tax-deductible. What can you do to make a home affordable for you? Reputable lenders look at a list of criteria to decide how...
by John Evans | Nov 6, 2013 | Mortgage Tips
When most people are taking out a mortgage on a property, they select either a 15 or 30 year mortgage loan. However, there is a new mortgage option that has been available to home owners since 2006 and that is the 50 year mortgage loan. Although a half-century might...
by John Evans | Nov 1, 2013 | Mortgage Tips
Mortgage rates typically are tied more to the yields on the 10-year Treasury note more than any other indicator. With the government in flux as the shutdown happened and ended, mortgage rates are also changing. Overall, mortgage rates have decreased because of a lack...
by John Evans | Oct 2, 2013 | Mortgage Tips
When you have been researching your different options for a mortgage on your home, you might have heard of an “Interest-Only Mortgage”. What exactly does this type of mortgage mean and how does it work? Usually when you take out a loan, you must pay back...