Mortgage News and Notes Blog

Home Equity Vs. Cash-Out Refinance Loans

Home Equity Vs. Cash-Out Refinance Loans

If you need a chunk of change for a home improvement project, paying for your student’s college tuition, consolidating your own debt, or even paying for medical bills, you may be able to pull that money out of your house. This can be done either through a

May 10, 2022 | Refinancing a Home

Can You Afford a Second Home?

Can You Afford a Second Home?

A recent study from the National Association Realtors found that American homeowners gained over $8.2 trillion dollars in housing wealth over the past decade. And with home prices and inflation skyrocketing, there has never been a better time to put your

May 03, 2022 | Purchasing a Home

What if Rates Rise while my House is Under Contract?

What if Rates Rise while my House is Under Contract?

With long-term mortgage interest rates starting to rise after years of staying near historic lows, there is a good chance rates could continue to climb during your home buying process. When you get pre-approved for a mortgage, you are often quoted a certa

Apr 26, 2022 | Purchasing a Home

6 Things to Avoid When Buying or Refinancing

6 Things to Avoid When Buying or Refinancing

                There are many items to keep track of during the mortgage financing process and it’s easy to overlook what not to do. Here are 6 common mistakes to avoid when buying or refinancing, and why.   Mistake #1: Don’t Apply for New Credit New in

Apr 19, 2022 |

What’s the Difference Between FHA 203(k) and Fannie Mae HomeStyle® Renovation Loans?

What’s the Difference Between FHA 203(k) and Fannie Mae HomeStyle® Renovation Loans?

                As housing inventory remains below housing demand, it may make sense to stay in your current home. Not all renovations need to be a major re-haul. There are renovation loan programs designed to meet the needs for cosmetic improvements, str

Apr 19, 2022 |

Steps to Becoming a Homeowner

Steps to Becoming a Homeowner

                      Making the decision to purchase a home is a big step! Our team understands the mortgage process may be overwhelming at times and we’re glad to be here to help you navigate through this important life change. Discover below the ins an

Apr 19, 2022 |