Mortgage News and Notes Blog

Find the Right Budget for Building Family Wealth

Find the Right Budget for Building Family Wealth

Budgeting is one of the key concepts to improving personal and family wealth. Creating a plan to increase savings, emergency funds and prep for long-term needs is essential to everyone, but few families are doing this consistently. Budgeting is a habit.

Feb 12, 2021 |

The Little-known Mortgage That Doesn’t Require a Down Payment

The Little-known Mortgage That Doesn’t Require a Down Payment

A conventional mortgage loan requires a 20% down payment. If you are a first-time homebuyer however, saving up tens of thousands of dollars can seem like an impossible task. Of course, there are loan programs, like FHA mortgages, that allow for low down p

Feb 10, 2021 | Government Loans USDA Loans

What’s the Difference Between a Jumbo and a Super Conforming Loan?

What’s the Difference Between a Jumbo and a Super Conforming Loan?

If you are hoping to buy a home in one of the country’s pricier markets, you may need a special type of mortgage. The main two are jumbo loans and super conforming loans. Here’s what you need to know about each one and which is right for you:

Feb 03, 2021 | Jumbo Loans

Financing a Home Renovation: When Is It Worth It?

Financing a Home Renovation: When Is It Worth It?

The rise of TV shows like Fixer Upper and Flip or Flop have many homeowners and potential buyers considering renovation as an option to generate value and equity in their home. DIY projects can be exciting, but do they really add value to the home? How do

Jan 29, 2021 |

Federal Home Loan Grant Now Extended to Essential Workers During COVID

Federal Home Loan Grant Now Extended to Essential Workers During COVID

As we roll into the new year, it’s important to discuss several grant options that now have enhanced perks and greater accessibility for future homeowners. The grant options come from the Federal Home Loan Bank (FHLB). Previously, FHLB made the gra

Jan 29, 2021 |

6 Tips for Saving a Down Payment as a Renter

6 Tips for Saving a Down Payment as a Renter

Homeownership is the American Dream, and yet with house prices on the rise, it can sometimes feel unattainable if you’re still trying to make a rent payment each month. The average U.S. rent for a two-bedroom apartment as of June 2020 was $1,917, ac

Jan 27, 2021 | First-time Homebuyers Purchasing a Home