Refinance · Understanding Mortgages

Home Equity Line of Credit (HELOC): What You Need to Know

November 1, 2022

With home values rising in most areas of the country, many homeowners are interested in a home equity line of credit to access cash — especially to fund remodel projects […]

Mortgage Strategy · Understanding Mortgages

How To Pay Off Your Mortgage Early

October 11, 2022

Paying off your mortgage early could be a great financial move if you use the right strategy. It can help you to build equity more quickly and also reduces the total amount of interest you’ll pay over the life of the loan.

Mortgage Strategy

Buying a House with a Friend: The Complete Guide

September 12, 2022

You can purchase a home with virtually anyone, including a friend — or several friends. But blending friendship and homeownership has benefits and drawbacks, and it entails taking a unique set of steps to qualify for a mortgage.

First-Time Home Buyer

Why 5-Year ARMs Could Be Perfect for First-Time Home Buyers

September 2, 2022

Niche Mortgage Products

Non-Conforming Loans: The Complete Guide

August 11, 2022

Understanding Mortgages

Why You Should Avoid Large Bank Deposits During the Mortgage Application Process

August 11, 2022

Usually when a sizable amount of money is deposited into one of your accounts, it’s time to celebrate — except while you’re waiting for a mortgage loan approval. Under this […]

Ask Tim · FHA Loans

What if the home does not meet FHA Minimum Property Standards (MPS) and selling as-is?

August 11, 2022

What happens when a property is being sold as-is and the seller will not do repairs but the home doesn’t meet FHA minimum property standards (MPS)? How does the buyer […]

Mortgage Strategy

What Are Assumable Mortgages and How Can You Get One?

August 11, 2022

When Carol Addy began in the mortgage industry more than 20 years ago, assumable mortgages were quite well known. Some of them even allowed the buyer to take over someone’s […]

Cash Out Refinance · Refinance · Understanding Mortgages

The Best Ways to Finance a Pool

August 11, 2022

Many homeowners dream of having their own swimming pool, especially after the heat of summer settles in. But after checking the price tag, a lot of would-be pool owners give […]

Cash Out Refinance · Homeowner Tips

Should You Pay Off a Car Loan With a Cash-Out Mortgage?

August 11, 2022

A cash-out refinance allows homeowners to convert their accrued home equity into cash. This cash can be used for anything, including paying off other loans. But is paying off your […]