FDIC-Insured - Backed by the full faith and credit of the U.S. Government
As long-term interest rates remain at near-historic lows, it seems like everyone from casual acquaintances to close relatives has an opinion on how far rates have to drop before it make sense to refinance. With so many different points of view, how does one make a decision that’s right for them? We’ve come up with 5 questions to ask yourself in order to decide if refinancing your home mortgage is right for you.
No matter how experienced you are, buying a new home is always daunting. A main reason is the commitment involved. When taking out a mortgage, you are literally putting your home on the line because failure to make payments puts your home at risk. For that reason, it’s important to determine what you can realistically pay for your next home.
Building a home can be stressful. Figuring out the appropriate mortgage product doesn’t have to be. Most people understand the basics of a standard mortgage, but many don’t understand that there is a different approach when you decide to build a home. We are here to break down the basic characteristics of a construction loan so your dream of building a home can become a reality!
It’s often said that things improve with age. A lot of people don’t realize that this is also true as it pertains to your credit score. Credit scores don’t take age into consideration, however approximately 50% of a credit score is based on length of credit history and payment history.
Your life is constantly changing and sometimes that means having the opportunity to review your mortgage loan to fit your needs. Here are some factors to help guide you toward a decision.
