What Is an Interest Rate? Whenever you are borrowing money from a lender, there will always be interest that is tagged onto your monthly principal payments. So… what is an interest rate anyway? Essentially it is a fee for the use of a lender’s assets.
Buying a home can be one of the most important decisions of your life. Let’s be honest, while buying a home is exciting it can also be stressful. Nothing makes this process easier quite like knowing what to expect on your homebuying journey. Step 1
Compare Checking out the properties like yours around your neighborhood is a great way to get an idea of what your appraisal might come back looking like. Take a drive around the block to find properties identical or very similar to yours then go online
Want to avoid the most common pitfalls of the mortgage process? Here are some simple tips to make your mortgage process a breeze. DO… Get Preapproved Before you start your house hunt, know how much you can realistically spend and comfortably repay. It’s tough when
You know your credit score is important, but do you know why?When it comes to mortgage loans, your credit score tells your lender how likely you are to pay back your debts. The higher your credit score, the more likely lenders are to see you as