Which Affordability Factor is More Important: A Low Interest Rate or Sales Price?
In an ideal scenario, you would buy your home when both mortgage interest rates and home prices are…
What Does Loan-to-Value Mean?
As you begin your home financing journey, you’ll likely hear the phrase “loan-to-value” thrown around. Commonly known as…
3 Things to Know When Building a Home
So, you’ve made the decision to build your new home from the ground up. How exciting! There are…
How to Read Your Loan Estimate
A Loan Estimate is one of the most important documents you’ll receive when financing your new home. This…
6 Factors That Affect Your Mortgage Interest Rate
Knowing what factors may impact your mortgage interest rate can help you better prepare for the homebuying process…
5 Mistakes to Avoid When Financing a Home
After working so hard to build up your credit and save for your home’s down-payment, make sure you…
How Does a Rate Lock Work?
A rate lock on a mortgage means that your current interest rate is “locked in” and won’t change…
The Difference in Debt: Why Some Debt is Considered Better Than Others
In some ways, all debt is the same; you borrow money and pay it back in the future.…
What to Do if Your Mortgage is Transferred
Have you received a letter notifying you that your mortgage has been transferred? If so, no need to…
What Is a Mortgage Amortization Schedule? Complete Guide and Example Table
Mortgage amortization is the process of making payments that gradually reduce the amount you owe on a loan.…