What does the Monthly Mortgage Payment include? Taxes, Interest & Principle

With mortgage interest rates being at an all time low, many lenders have recommended to their customers different options when buying or refinancing their mortgage. Dependent upon the amount of years they plan to live in their home, more and more mortgage options have been reintroduced into the market and banks have now pushed some of … Continue reading What does the Monthly Mortgage Payment include? Taxes, Interest & Principle

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How to find a Home Mortgage Lender you can Trust that will be Honest

The more mortgage lenders entering the market, the more potential for dishonesty to just close a deal. There are many websites that advertise, “make lenders compete for your business,” but the only problem with this is many of the lenders do not look properly at your information and send an email giving the basic quote, not … Continue reading How to find a Home Mortgage Lender you can Trust that will be Honest

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Mortgage Types: A Home Loan Overview

Today’s marketplace has an abundance of mortgage loan options. Choosing the loan that is best suited for you can be confusing and difficult, especially when you are unfamiliar with the jargon. Following are a few quick descriptions of basic mortgage types to help you gain insight in this area: Fixed-Rate MortgageWith a fixed-rate mortgage, borrowers get the … Continue reading Mortgage Types: A Home Loan Overview

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The Benefits of using a Mortgage Broker

Trying to find the best mortgage for your needs, your circumstances, and your budget can be a difficult and often frustrating task. The wide selection of mortgage products available today means that consumers can enjoy incredible choice, and this choice increases the chances of getting a great value loan. However, the downside is that you … Continue reading The Benefits of using a Mortgage Broker

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