Borrowers have a number of options when it comes to home loans. In this article, we take a closer look at balloon mortgages. Keep reading to see how this loan program works, and whether it may be the right one for your situation.
An appraisal is an important part of the refinance process. As a homeowner, you want to be sure you receive the highest true market value possible for your investment. Continue reading to see what negatively impacts an appraisal and how you can best avoid a lower figure than expected.
Today's low borrowing costs make now the perfect time to buy or refinance a home. Of course, a favorable interest rate can lead to significant savings over the life of your loan. Read this article and learn what's considered a good interest rate on a mortgage.
A mortgage assumption involves someone taking over or "assuming" a payment from the previous borrower. So how does this agreement work and is it a possible home financing option for you? Check out this article for more info.
How long does the mortgage process take, and what can you expect along the way? We explain each step from application through closing, so you can feel prepared for your home purchase or mortgage refinance.