Should I Refinance My Mortgage?

Refinancing your mortgage can be of great benefit to your financial situation. You could get cash back to pay other bills or loans depending on your equity and current interest rates. You may be able to reduce the length of the loan while lowering the payments. If the interest has dropped by even 1%, it […]

Certified Mortgage Planners

What are certified mortgage planners? A certified mortgage planner is a new term used in the mortgage industry to name those who help borrowers make mortgage decisions that fit in with their short-term and long-term financial goals.  The term arose due to criticism from the mortgage banking industry that no one was representing the customers’ […]

What Is a Fully Amortized Loan?

Whenever applying for a loan, it’s essential to familiarize yourself with the terminologies that come with the process. Terms like “fully amortized loan,” for example, determine the method through which your loan will be repaid and, as such, your actual debt liability. Loans such as mortgages and home equity loans are structured so that the […]

Using a Personal Loan for a Down Payment

According to statistics, personal homeownership in America stands at around 65.8%, which, to be frank, is an impressive rate by all accounts. However, these kinds of figures don’t paint the actual picture. Questions like how many of these homeowners had to take out a personal loan for a down payment aren’t answered yet. They are […]

Residential Real Estate Attorneys: Do You Need One?

Only when you try buying a house do you realize that so many different moving parts are involved. Ideally, all you need in this kind of transaction should be: The house you want to buy The seller is willing to sell you the house The money to buy said house However, the deeper you get […]

Difference Between Real Estate Attorney And Title Company

The purchase or sale of a home is a big deal, regardless of how often you have done it. Whether you are the buyer, seller, or real estate agent doesn’t matter. It involves life-changing decisions with far-reaching financial and legal consequences. What representation is needed? The state’s regulations where the transaction happens have a bearing […]

How Does In-House Financing Work?

When was the last time you walked into a car dealership and saw a beautiful machine but couldn’t quite afford it? There’s a good chance that the salesperson told you that you didn’t have to pay the full amount immediately. He or she probably said, “we can provide in-house financing.” If you were immediately put […]

What Is a Non-Conventional Loan?

If you have ever gone through the process of applying for a mortgage and buying a house, there’s a good chance that you came across conventional loan options.  Do terms like “conforming mortgage,” “conforming jumbo mortgage,” and “non-owner-occupied mortgage” ring a bell? These are all examples of conventional loans. There are, however, non-conventional loans available, […]

21st Century Mortgage Loan Requirements

21st Mortgage offers a variety of loans for houses, mobile homes, and manufactured homes. They are one of the best lenders for property loans, whether to live in or buy as a rental property. If you already have equity in your property, you may even be able to get cashback or refinance at a lower […]

How Much Are Mortgage Payments?

An affordable mortgage reduces financial stress, helps you plan for the future, and helps you be ready for emergency expenses. A mortgage takes years to pay off, and you don’t want to worry all the time about those payments. Staying on top of them all begins with a payment plan you can afford! Many variables […]