Choosing the right mortgage lender is important. Not only will it impact what loans you qualify for, but it also influences your interest rate, fees, down payment and long-term costs, too. Picking a mortgage lender isn't always cut and dry, though. To start, you'll want to consider at...
Finding the right mortgage lender comes with a ton of considerations, including loan types, interest rates and, of course, how much they'll lend you. And just as you might choose to shop small or buy from Black-owned brands, you can also take your values into account when looking for a...
There are many factors to consider beyond the interest rates being offered, and you need to make a choice based on what is important to you. For example, one lender might give you a cheaper interest rate but another might let you borrow more.The mortgage market is constantly changing. The...
When buying a home,choosing a mortgageto pay for it is a critical part of the process. But which one is right for you, one with a more stable or variable interest rate? First, let's start with basics: The down payment You typically pay 3 to 20 percent of the purchase price at clos...
We understand that there are many options available when it comes to selecting a home mortgage lender, but we are confident that our team of experts stands out from the rest. Trusted Expertise in the Home Building Industry Shea Mortgage has a business relationship with Shea Homes, and because ...
For many of us, a mortgage can be a scary and complex thing. Taking out a mortgage is the biggest investment you’ll likely have in your life and getting it right the first time is a challenge. Today we want […]
Online lenders: Online loan lenders may offer some of the best credit builder loans. The lack of brick-and-mortar overhead can translate into more competitive rates. You will have to do more background research through sources like the Better Business Bureau to make sure any online lender you...
Resources for Buying a Car About Christopher Boston Christopher (Croix) Boston was the Head of Loans content at MoneyGeek, with over five years of experience researching higher education, mortgage and personal loans. Boston has a bachelor's degree from the Seattle Pacific University. They pride th...
However, the amount that you pay down on the loan each month will be higher than it would with a 30-year mortgage. So, you’ll need to prove to a lender that you’re good for the money! It’s harder to qualify for this shorter-term loan. As well, you’ll need to feel financial...
that all-important down payment – which, admittedly, isn’t always easy, particularly in the current climate. Then there are the other aspects you’ll need to consider, from sourcing the right mortgage to understanding the housing market. It can all feel a bit overwhelming to the uninitiated...