Upfront and Closing Costs of a Reverse Mortgage During the origination process, there are multiple costs borrowers need to cover in order to finalize their loan. Loan proceeds can cover some, but not all of these costs and fees. Reverse Mortgage Cou
Jul 28, 2023 | Reverse Mortgage
1. Fight Inflation Many people on fixed incomes may find their budgets strained by inflation. Eliminating a monthly mortgage payment with a reverse mortgage can give tight budgets some breathing room. Instead of tapping investments to make ends
Jul 27, 2023 | Reverse Mortgage
When trying to qualify for a mortgage, many homebuyers will apply with a co-borrower or co-signer to make their application stronger. Another person’s income, assets, or credit can sometimes be the boost needed to get approved. However, the terms co
Jul 27, 2023 | Purchasing a Home
With the busiest housing market season of the year in full swing, it’s essential to be on your home buying game. Here are 6 major mortgage blunders to avoid to make sure you are in prime position for scoring the perfect property. Not Getting Pre-ap
Jul 25, 2023 | Purchasing a Home
When you are ready to buy a house or refinance your existing home loan, getting the best mortgage interest rate is key to minimizing your total borrowing costs. You may have heard in the news lately about rates moving up and down due to inflation trends.
Jul 20, 2023 | Interest Rates
Once you’ve decided you want to become a homeowner you may not know what step to take next. Should you hire a real estate agent? Should you find a lender? Should you start searching real estate listings on your own? Here’s a look at the typica
Jul 18, 2023 | Purchasing a Home