Condo or Townhouse - Does it Matter?

Condo or Townhouse - Does it Matter?

If you’re in the market for smaller home with less maintenance and cost, you’ve probably considered both condos and townhouses. However, you might not have realized that there are differences between the two in the types and cost of mortgages you can get.

Apr 28, 2021 |

There are LOTS of Reasons why You Might Want to Refinance

There are LOTS of Reasons why You Might Want to Refinance

Mortgage interest rates have been creeping up from their historic lows over the past few months, but they are still extremely low. That means refinancing remains a great option for those looking to save money. However, even as rates climb, there are plent

Apr 21, 2021 | Refinancing a Home

Benchmark Mortgage Companies, an affiliate of Tidewater Home Funding, LLC., Announce Partnership with NAMMBA

Benchmark Mortgage Companies, an affiliate of Tidewater Home Funding, LLC., Announce Partnership with NAMMBA

A family of regional lenders, Tidewater Home Funding, LLC. and affiliates Benchmark Mortgage Companies and Farmers Bank Home Mortgage increases commitment to better serve today’s home buyers by breaking down the barriers that complicate the home buying pr

Apr 19, 2021 |

How Mortgages Are Affected by Property Use

How Mortgages Are Affected by Property Use

The way you plan to use a home determines what type of mortgage loan you can get. There are three main types of property covered by home loans: primary residence, second homes, and investment property.Primary ResidenceA primary residence is a home where y

Apr 14, 2021 |

Budgeting for Homeownership

Budgeting for Homeownership

There are costs that are associated with owning a home that families must consider when preparing a monthly budget. The mortgage payment is a significant factor, but not the only cost. Although there are additional fees with owning a home versus renting,

Apr 14, 2021 |

Should I Buy a New or Existing Home?

Should I Buy a New or Existing Home?

A recent survey from the National Association of Home Builders found that the number of prospective home buyer looking for a new home more than doubled during the past year. At the same time, the number of those searching for only existing properties fell

Apr 07, 2021 | Purchasing a Home

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