Home Buying · Mortgage Strategy
January 5, 2024
When buying a home, the biggest upfront expense is likely to be the down payment, which is typically between 3.5 and 20 percent of the home price. Even if future […]
Read More...
Home Buying
November 7, 2023
When you think of more than one name on a mortgage application, you probably assume it’s a married couple. However, there are lots of other people who enter into buying […]
Read More...
FHA Loans · Refinance
January 10, 2024
Home buyers pay an upfront mortgage insurance premium when they close on an FHA loan. This upfront fee — known as UFMIP or MIP — equals 1.75 percent of the […]
Read More...
Conventional Loans · Home Buying
January 3, 2024
Most conventional loans are what’s known as “conforming loans,” which “conform” to a set of standards set by Fannie Mae and Freddie Mac. Conventional loans boast great rates, lower costs, […]
Read More...
Understanding Mortgages
June 2, 2022
What are closing costs? Any home loan — whether to purchase a new home or refinance a current loan — will come with closing costs. Closing costs cover a variety […]
Read More...