Innovations in technology, great relationships within the industry, and an amazing staff make this dream of providing a LOW COST Mortgage to thousands of people a reality. OUR VISION Our vision is to save home owners time and money on the largest investment of their life. We strive to provi...
Use the mortgage calculator to work out the cost of your mortgage and find out whether you can afford your dream property.
Once you reach 80% equity in the home—meaning your mortgage balance is no more than 80% of your home’s value—you can request that your lender cancel your mortgage insurance policy. When you hit 78% equity, PMI should drop off automatically. One way to work toward that 80% is by ...
When buying a home with a mortgage, they include a lender's origination charge and fees for the appraisal, title insurance, government recording and other services. There are two ways a no-closing-cost mortgage is structured: The costs are added to your loan: You finance the costs as part...
Mortgage interest rates rose rapidly throughout 2022, reaching more than 7% in October, according to Freddie Mac. The rise in interest rates, combined with already sky-high home prices, has led to many buyers opting to hold off on shopping for a home. “The buyer’s purchasing power has...
A no-cost mortgage can help the borrower avoid paying closing costs at the time of the loan closing, which can be beneficial to afirst-time homebuyerwho might lack the cash for both the downpayment and closing costs. What Fees Are Included in Closing Costs?
Generally, the reverse mortgage must be paid back when a borrower permanently moves out of their home or dies.3 Anyone thinking about getting a reverse mortgage should be aware that it involves both upfront costs and ongoing costs, such as the loan origination fee to loan servicing fees. ...
We've been asked thousands of times: "When I refinance my mortgage, Is it better to pay closing costs out of pocket, finance them into the loan amount, or trade them for a higher interest rate?" There's no one simple answer, since each refinance choice has its own benefits and total...
How Trump Could Impact Housing Frustrated about inflation and housing affordability, voters are hoping the Trump administration can bring down home prices. Geoff WilliamsDec. 3, 2024 8 Things to Do When Moving to a New Home Follow this checklist to ensure your new home is truly yours and set...