Can I Refinance My Manufactured Home Loan?
Mobile and manufactured homes are one of the most affordable ways to get into home ownership; unfortunately however, some lenders are hesitant to extend mortgage loans on mobile homes or manufactured housing. If you currently own either a mobile home or a manufactured home or are in the...
What are "Interest Only" Mortgage Loans, and How Do They Work?
Are you thinking about buying a home but not sure what you can afford? Have you wondered about interest only mortgages and what advantages and disadvantages they may offer? If so, then you’re in luck because we’ve collected some great information about interest only...
What Happens at Closing?
So you’ve found the home of your dreams. You’ve been preapproved for a mortgage by a lender and you’ve submitted your offer, with earnest money deposit, to the seller. The seller has accepted your offer, you’ve had a home inspection performed and now...
What is an Earnest Money Deposit?
If you are planning on buying a home this year, one of the more proactive steps you can take is to calculate out what cash you’ll need on hand for the home buying process so that you are not faced with surprise expenses down the line. You may also need cash on hand for after you purchase a...
Buying a Home With A Credit Score Lower Than 600
Many factors impact your credit score and often the factors which can impact your credit score the most are things that may be completely outside your control. If you were laid off, have recently gone through a divorce or found yourself facing large medical expenses for an unexpected...
Construction Loans & New Build Mortgage Loans
If you are thinking about buying a home in the near future but don’t see much on the market that meets the needs and wants of your family, you might be interested in building your own home in order to ensure that you end up in a home that has everything you’re looking for. With the...
All About Graduated Mortgage Loans
Looking for your dream home and not sure which mortgage program option is right for you? There are a lot of options available when it comes to financing your home purchase, and an experienced mortgage lender will be able to advise you on which programs may be best for you depending on your...
Why a Home Inspection is so Important
Buying a home is likely one of the largest, if not the largest, financial purchases you will make in your lifetime. When looking at your budget, the cash you’ll need for a down payment, closing costs, perhaps new furniture and more, you may be tempted to save money where you can. As...
Low and No Down Payment Mortgage Options
Low and No Down Payment Mortgage Programs
If you’re dreaming of home ownership, and have the credit score and income to qualify for a mortgage but think that home ownership isn’t within your reach right now because you don’t have a significant cash down payment to...