Mortgages

Unlocking the dream of homeownership can be an overwhelming task for many prospective buyers. With countless mortgage loan programs available, it’s essential to understand your options to find the perfect fit for your unique financial situation. Fortunately, there are mortgage loan programs tailored to specific groups, such as low-income earners, veterans, and those seeking zero […]

Even if you previously had a mortgage application rejected, you may want to try again. Fannie Mae recently announced changes to their underwriting process. The new calculations will include your history of rental payments. That’s great news for anyone that’s been a reliable tenant for years while saving for a house. This new process should […]

When shopping around for a home, one of the first questions you should ask yourself is how much house you can afford. Understanding whether or not you can afford a specific mortgage payment — and the rest of the costs that come with home ownership — is a necessary part of the process. Make sure […]

About every three months, our mortgage lender sends us a letter. It’s to encourage us to pay our mortgage bi-weekly, instead of monthly. The pitch is simple. We would send off half of our normal mortgage payment every other week. That would make 26 annual payments, instead of 24 (12 months x 2). So we […]

Owning a house is an accomplishment that takes quite a while to achieve. Luckily, there are plenty of ways you can make that dream come true, especially nowadays. Purchasing a house with an FHA loan is one of them. You may have previously heard about FHA loans. However, did you know you can use this […]

Buying a house can be complicated — especially if you’ve never done it before. You have to figure in a ton of different numbers. There’s the down payment, the mortgage term, the interest rate, the property taxes, and house insurance. And then there’s also potentially land transfer taxes, legal fees, appraisal fees, or inspection fees. […]

Founded in 2014, Better Mortgage provides consumers with an online platform that offers mortgage rates as well as access to homeowner’s insurance and leading real estate agents across the U.S. Borrowers can secure rate quotes, apply for loans, and sign required documents all online. Like the new breed of home loan providers, Better Mortgage doesn’t […]

AmeriSave is a mortgage financing (and refinancing) company that has been in business since 2002. It’s headquartered in Atlanta, Georgia. The company operates throughout the United States. It primarily manages mortgages online, using technology to offer customers low interest rates through an online only application process. AmeriSave has issued more than $55 billion worth of […]

Quicken Loans is a mortgage lending company based in Detroit, Michigan. It was founded by billionaire businessman Dan Gilbert in 1985. Gilbert also owns the Cleveland Cavaliers and had a public feud (and reconciliation) with LeBron James. Today, Quicken Loans is the largest online retail mortgage lender in the United States. Since 2013, the company […]

In many ways, choosing between paying off the mortgage faster or investing more mirrors the decision gamblers make every time they place a bet at the slot machine. If you really think about it, each pull of the handle is just like when someone decides to “invest.” Sure, it’s possible to win given the right […]