The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a good solid loan structure beloved by lenders and borrower
Nov 01, 2022 | Purchasing a Home
In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be difficult to break into the market. One option you could
Oct 11, 2022 | Purchasing a Home
If you are interested in becoming a homeowner, you may want to know how buying a home will affect your annual taxes. There used to be a lot of talk about homeownership tax deductions, so will your taxes go down after buying a house? Here’s the scoop: Aft
Oct 04, 2022 | Purchasing a Home
In today’s housing market with sparse inventory, many people are opting for new builds or even to build their own custom homes. If you’re interested in building on a piece of property but unsure how to afford the cost until you sell your current home, a
Sep 13, 2022 | Purchasing a Home
Having a second home for weekend or summer escapes is a priority for many Americans. If you’re interested in buying a vacation home, here’s a quick guide to the essential steps: Determine If You are Buying a Second Home or a Rental Property Many people
Sep 06, 2022 | Purchasing a Home
One of the major barriers to homeownership for first-time homebuyers is their limited credit background. It takes time to establish a full credit history, and only certain types of regular payments, like auto loans, student loans, credit card payments mak
Aug 25, 2022 | Purchasing a Home