Tag: Mortgage

3 Signs That Now Is a Good Time to Apply for a Mortgage
Posted on 12/15/2019
3 Signs That Now Is a Good Time to Apply for a Mortgage
For many individuals, the homebuying journey often begins with getting pre-approved for a mortgage. Because if a buyer has a mortgage, he or she can enter the real estate market with a budget in hand. Ultimately, there are many signs that now may be the perfect time to apply for a mortgage, and these include: 1. You're ready to...
Read More
Pros and Cons of Balloon Mortgages
Posted on 12/01/2019
Pros and Cons of Balloon Mortgages
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
+ 1 more
Read More
Dispelling Mortgage Myths
Posted on 08/18/2019
Dispelling Mortgage Myths
Myths are lies that are perceived to be true. Like every other industry in the world that has myths surrounding them, the real estate industry has its tales. People have ideas in their head about the mortgage industry that are not true. If you are buying a house and all you feel is happiness, then you might be...
+ 1 more
Read More
Getting a Mortgage for Another Property
Posted on 06/02/2019
Getting a Mortgage for Another Property
Most people that obtain a mortgage loan against another property usually plan to buy a second house. This means that they are not ready to sell or move out of their existing place of residence, but they wish to have a second house that they can occupy later, use as a vacation retreat or as an income property....
+ 1 more
Read More