Mortgage Blog

If you’ve been finding it hard to choose a mortgage, you’re not alone. Home loans are one of those adult hoops everyone encounters inevitably. Signing a mortgage deal can be one of the most important decisions a person can make…

Choosing the right home where you will raise your family and work on your dreams is already a challenging business, but it might feel like a piece of cake to some compared to looking for the ideal mortgage loan. You…

Everybody deserves to enjoy the home buying experience, but many people don’t look forward to applying for mortgages for understandable reasons. This is unsurprising when you realize that what you’re visualizing when you’re shopping for a home is a nice…

When we get right down to it, the only obstacle that most people really encounter when they want to purchase their dream home is funding. Not all of us will be lucky enough to have spare cash lying around for…

Securing a home mortgage is no piece of cake. You don’t just have to take on the labor of accurately filling out forms and gathering documentation; you also need to be able to absorb and analyze the fine print in…

Even as the world continues to deal with the COVID-19 pandemic, life goes on, and with it are the many responsibilities many of us cannot put on hold. One of which is securing a home for our families. Whether you…

Stressing because you’re not sure which type of mortgage is best for you? Aside from worrying about securing approval for a home loan, another common source of anxiety for borrowers is the concern for getting the best mortgage deal. For…

For many of us, debt is just a fact of life. It’s one of those things everyone eventually encounters as we grow old, especially if we mean to settle in our own home. Today, applying for a mortgage is an…

When you want to borrow money to fund the purchase of your dream home, there are several loan options you might be eligible for, depending on your credit score, your profession, or even where you are planning to buy real…

Buying a home is one of the biggest challenges we will encounter as we go through our own paths in life. And the going can get even tougher during a pandemic which makes securing a home all the more a…

Due to the COVID-19 pandemic, people have been forced to seek online alternatives for things that we otherwise sought out in the real world before. People go on fewer runs to the supermarket since we can get a lot of…

Mortgages are one of those things you only start reading up on once you find that you need them. After all, it’s not an application you have to make plenty of times in your life. Some people ultimately do not…

It’s important to keep the possibility in mind that you could be on the hook for other hidden homeownership expenses and plan well in advance. Here’s how.

Seven charming ways to ramp up the curb appeal at your house. From a quaint window box to spiffing up the front door, give your home a touch of charming character

Being proactive in the mortgage loan process can result in a faster loan closing. Here are methods that can help you be successful in the process.

There will come a time in your life when you will want to buy a home, and for many of us who won’t have the cash for upfront payment, the options are not always clear. Did you know that you…

Even when you think you’re doing great financially, you don’t really know when life will take a 180-degree turn to put you down in the dumps. With just a few missed bills, your credit score can really take a deep…

For many people, mortgage loans are just an inevitability in life. If you’re lucky, you get to have the funds needed to afford your dream home that you can opt to pay for upfront. But when you’re just in your…

These five steps can help you make progress away from letting your money slip through your fingers and towards more conscious, mindful control of your finances.

Everybody needs a space they can call their home, but not everyone can find themselves financially set to start talking to a real estate agent even when they’ve decided to settle down. This is why many people, especially first-time home…

Apprehensive about applying for your first home loan? Whether you are anxious about the interest rate or closing costs, applying for loan grants can get a bit stressful, especially when you feel that your most recent credit history has been…

It’s a common misconception that it’s impossible to get approved for a home loan in your early working years. But did you know that the federal government offers zero-down payment options? They can also help you get approved even with…

Settling into your dream house is a fascinating time in anyone’s life. However, one thing that may dampen that experience is the home loan application process. Is it truly better to purchase real estate property through a mortgage? And are…

Applying for a housing mortgage can be nerve-wracking and downright scary. But it doesn’t have to be! You might not be able to secure the home loan you are targeting, or you might be approved for an interest rate or…

Not everyone has the luxury of time for research and running papers, which are exactly the things you need to do when you are set on a home purchase. You want to make sure that the house you will be…

No one starts as an expert on how to handle money because we all have a learning curve. The same is true for good credit standings. Did you know that credit scores don’t actually start at zero? Just the same,…

The decision on how to finance your home is a personal one that depends on many circumstances. You might be applying for a mortgage for the first time or just looking to refinance. But whether you can or cannot afford…

Mortgages are long-term commitments. Sometime during the life of the loan, you will experience exceedingly different circumstances compared to when you first applied for your mortgage. You might find yourself with a better credit score, thanks to on-time bill payments.…

No one likes to be defined by numbers. However, there are unavoidable aspects in our lives when we have to rely on such figures to get closer to our goals. The good news is, with such measurements as credit scores,…

Once you have decided to settle down and find your dream home, there’s one important choice you have to think of next. For most people, that decision is the mortgage option they will be choosing to finance their ideal house.…

All of us have some idea of what our perfect future looks like. Whether you are looking forward to building a family or carving a path for your career, one thing is for certain: we will all need a home…

The amount of time and effort one puts in to become a doctor is no minor achievement. In the U.S., it can take between ten to fifteen years before someone can practice as a fully licensed physician. And while the…

Debt is one of those necessary encumbrances you will be sure to encounter at least once in your life. You might finish your education through student loans or be capable of purchasing your needs through credit cards. Debt isn’t always…

Buying your own house can be exciting! But it’s not your usual application for personal loans. When you decide to finance your home through a mortgage loan, this automatically means that you will be paying higher than its purchase price…

Supporting a happy family is part of everyone’s American Dream. To secure this vision, many Americans must apply for a mortgage to buy a home where their families can grow. If you will be a first-time homebuyer with no idea…

A mortgage is a loan made to purchase, own, or renovate real estate, which will then be paid overtime with interest as agreed by both the lender and borrower. The property being acquired will serve as collateral for the loan.…

Preparing the ground properly before you start browsing listings can remove a lot of the hassle and worry. Here are seven of the most important things to do.

Choosing the right mortgage is essential, but looking for the best online mortgage lender is of paramount importance. Your mortgage loan not only helps you purchase your real estate but is also probably the largest loan you will ever take…

Buying a home is an exciting endeavor. Whether you’re purchasing your first property or expanding your investment portfolio, one can’t help but feel a sense of accomplishment while obtaining a new property. It can also be costly. Unless you’re rolling…

Getting Started So you’ve decided to purchase your property. Congratulations! Whether you’re buying your first home or the property of your dreams, it takes a lot of time and effort to make a real estate investment. Before you go house…

A mortgage is a loan made to purchase, own, or renovate real estate, which will then be paid overtime with interest as agreed by both the lender and borrower. The property being acquired will serve as collateral for the loan.…

Blockchain technology can benefit the mortgage industry in several ways. It can help speed up the transaction time, making settlements happen more quickly.

A mortgage is a loan made to purchase, own, or renovate real estate, which will then be paid overtime with interest as agreed by both the lender and borrower. The property being acquired will serve as collateral for the loan.…

For people around the country and across the globe, moving to LA seems to be the best option to chase their dreams. Seeing that Los Angeles is the epicenter of a multi-billion dollar entertainment industry, it makes sense that aspiring…

Most people think it’s impossible to get a home loan with bad credit. But then, there are many available loans for bad credit borrowers and people who are working on improving their credit scores to qualify for a loan. Getting…

Buying a home can be a very intimidating process, especially for first-time homeowners. Choosing the neighborhood, the number of rooms, available amenities, and other home features can be complex. Still, arguably the most challenging part of the home-owning process in…

When shopping around for a home loan, you’ll want to find a mortgage lender who can provide you with the most attractive deal possible. However, even once you’ve found the most suitable option you can qualify for with your credit…

Just like the stock market, the best time to take on a mortgage is when you are financially ready. Interest rates can go up and down due to many factors. Even if you somehow think that you can time it,…

Everybody wants a place they can call home, but buying a home can be very complicated. Finding the right place is tough, but everyone gets anxious when committing to the most significant financial transaction of their life. Don’t worry. In…

Looking for a mortgage for the first time is very challenging.  With so many home loans and financing options in the market, most first-time homebuyers get overwhelmed during this period of searching for their new home. The 30 years fixed…

If you’re reading this right now, I would like to congratulate you! You are one step closer to getting the new home that you have worked so hard for. But of course, the job is far from done. Buying your…

There are many financial considerations you have to assess when buying a home for the first time, but some of the questions that you should ask yourself are: are you ready to buy a house as an individual? Is a…

We have all felt that not-so-subtle pressure to buy our first home. There’s the gnawing feeling that you are losing financial ground, then there’s seeing your friends buy a place and of course there’s the never ending “money” conversation with…

The thought of buying a house is already overwhelming. If you have a bad credit score, you probably think that you have to wait a couple of years while you improve your credit or need a huge down payment. Neither…

Working as a self-employed business owner or an independent contractor can have enormous advantages. The ability to go your own way and earn money based on your experience and talents is certainly appealing, as is the chance to work from…

A jumbo loan is used to buy a home that costs too much for a conventional loan. Depending on where you live, the local confirming loan limit is usually over $510,000.

Whether you need a credit card to cover college expenses or a mortgage to buy a home, a high FICO score can help to lower costs.

If you have issues on your credit report due to errors or payment issues, it is important to understand that it will take time for these to be fixed, so the sooner you start the process the better.

Buying a home for the first time is exciting, but many first-time homeowners fail to budget for the ancillary expenses. If you are thinking about buying a home, you need to be prepared for all the costs.

For most people, buying a home is the biggest purchase they make in their entire lives. If you’re looking to save money on that huge purchase, it helps to look at ways beyond just the sales price of the home. Here are three financial mistakes to avoid when buying a home.

Not every eye-popping low rate you see represents automatic savings for you. If you’re looking to refinance, here’s how to get the best deal. 

In 2019, about 70 percent of younger homebuyers purchased homes in the suburbs or rural areas. The ‘burbs might not be for everyone, and there are pros and cons to be argued for both urban and suburban dwelling. Do the pros outweigh the cons? It depends on your priorities, but here are three reasons to move away from the city.

Are you a potential homebuyer doing research on mortgages, particularly those with options for a low or no down payment? The USDA loan guarantee program is presented, including qualifications for borrowers, eligible areas and properties, and loan types and terms, optimized for no down payment mortgage at 1.4% density.

A home inspection is a key component of purchasing a home, but the process can seem daunting to someone who has never had one completed before. A home inspection helps buyers and mortgage lenders determine if there are problems with a home before it closes escrow.

The basic idea of consolidation is to take out a single large loan which you use to clear all your other debts. For it to work out, your new monthly repayment will need to be less than the total of your current ones.

FHA loans are insured by the Federal Housing Administration and are designed to help low-income homebuyers get a home loan.

Consumers who borrow and spend money responsibly find it easier to maintain a good credit score. Keep in mind that good credit doesn’t happen on its own.

Financial lenders provide mortgages and loans to people that need them. Sometimes the lender may not be as honest as we would like. A few signs that the lender may not have your best interest at heart are included here.

How will you ever be able to save to purchase a home? Don’t worry. This article will show you five methods to think outside the box and put homeownership within reach.

If you are buying a home here are four ways to save on your monthly mortgage payment.

If younger prospective first-time homebuyers are confused about any aspect of the home buying process, they can seek help from reputable professionals in the industry.

This article examines how much money homebuyers need to put down before buying a home. It mentions a typical down payment, first-time homebuyer programs, and private mortgage insurance to help homebuyers understand their options.

If people don’t know how the credit bureaus calculate credit scores, they will not know how they can improve their credit rating. HLP explains each of the factors that affect a consumer’s credit score.

The use of trended credit scoring started in 2016 when Fannie Mae applied it to understand the spending patterns of debt consumers over an extended period of time.

buying a home is an important life event, and you want to make sure you are prepared. There are many considerations to be made, and it can get overwhelming.

If you want to reduce your risks of defaulting to the minimum, check the following financing methods for home improvements and pick the one that best suits you.

To save on costs when building a new home, follow these five tips

Here are 8 mistakes that people often make when trying to pay off debt. These are mistakes that you need to watch out for.

Renting and buying both have their advantages and disadvantages and are useful at different stages in life. Explore all the financial implications before making your decision.

If you have been thinking of buying a home to take advantage of low prices, it can help to be aware of the pros and cons of making a move now.

A reverse mortgage can be a tempting investment for retirees who want to supplement their retirement income. Here are five scenarios where a reverse mortgage is a bad investment.

A layoff is tough but it doesn’t have to lead to financial ruin. This article offers five steps to create a bare-bones budget to survive a layoff.

History suggest that the less real estate is involved in the cause of a recession, the better it fares during it. Here’s what past financial crises have meant for real estate.

There are several financial benefits of being a homeowner including the increased predictability of expenses and tax breaks.

Get advice for things to consider when building your own home. Instructions for making a budget for construction. Descriptions of construction loans, construction timelines, building tips, and more.

Buying a home for the first time is an exciting process, but it is also an expensive one. Here’s a look at the additional expenses you should be prepared to pay

Stop waiting and start saving. Make a list of expenses that can be reduced or eliminated. You can save a down payment for your home sooner than you expect.

Don’t bite off more than you can chew when it comes to choosing the house of your dreams. Set a realistic budget and stick to it.

The Fair Credit Reporting Act (FCRA) was passed in order to provide oversight for the collection of consumers’ private credit information and to establish rules for accessing credit report data.

Record-low mortgage rates are a great time to refinance. However, many borrowers still don’t understand all the benefits of refinancing.

Get answers to some of your money related questions when you are a first-time home buyer.

Are you having a tough time saving all the money you think you’ll need to purchase a new house? Before you throw in the money towel, learn how you can buy a home with minimal out-of-pocket cash.

Social Distancing during COVID-19 changes the process to buy a home but it doesn’t mean it is impossible should you choose to buy one.

Are you affected by lock-down measures related to COVID-19? Do you find it difficult to meet your mortgage payment due to reduced work hours, job loss, or sickness?

The thought of buying a home can elicit a lot of anxiety. How do you know you’re ready to be a homeowner?

Recasting your mortgage is different from a traditional refinancing offer, and these differences could save you a lot of money.

There are a number of options for choosing a homebuyer mortgage education workshop.  Whether you choose to learn online or offline, go paid or free, it’s a good idea to find a course

Worried that existing debts and loans may affect your mortgage application?

Whether or not it’s a good time to buy a home is almost always a personal question. Does it feel like the right time for you?

HLP partner Better.com shares insight on the factors that determine your mortgage price

So, you’ve started the process of buying your first home! You’re probably looking forward to taking this major life step. Often, prospective home buyers are so excited about purchasing their new home that they tend to get a little bit…

There are many additional costs associated with purchasing and owning a home that often blindside first-time buyers. Are you thinking of these expenses?

in the case of homeownership information, what you find on the internet might not always be the advice that will help you make the right decision

Determining what percentage you want to put down on your home can be tricky. It’s important to remember, first and foremost, that every individual’s situation is unique

There is quite a bit of misinformation out there with regards to credit scores and the home buying process. Here is why you should check your FICO score early in the process

In order to avoid taking on a risky mortgage, it’s important to do your due diligence before signing off on a home purchase that will cause unnecessary financial stress

Here are things you should consider to avoid buying more house than you can afford

By leveraging artificial intelligence, you can get all of the same personalized advice you would obtain from speaking to a mortgage advisor without feeling the pressure to commit.

Whether you are in the market for an affordable starter home or shopping for your dream property, you need to carefully calculate how much you have to spend.

An AI-powered mortgage advisor can provide you feedback and personal recommendations on how to get ready to buy a home from the comfort of your living room.

Though self-employed applicants will not be able to provide the same documents as a regular employee, there is still a pathway that can be taken to obtain a mortgage

This program, known as HARP, is offered by the federal government. HARP helps people refinance when they are underwater on their homes

With the cost of home ownership in many markets continuing to rise, many prospective home buyers are moving away from conventional mortgages and towards jumbo home loans

When a borrower refinances their mortgage and takes out more money than needed to pay it off, this is known as the cash-out option

Many of the most common property issues can be identified in the very first viewing if you know what to focus on and which questions to ask

If you’re financially solvent, you have a choice: should you rent a home or buy one? It might not be as straightforward as you first think, and here’s what to take into consideration

With a little preparation and care, a foreclosed house could be the perfect new home for your family. These five steps are a great place to start

There are considerable differences in ownership rights, insurance and what you can do or not do to modify

Buying a home is both exciting and scary, especially for the first time. There are two things that every home buyer is most interested in – price and interest rate

A reverse mortgage is a financial tool for individuals who own their own homes and are age 62 or older, who would like to get money out of their house to supplement their retirement

Whether you’re starting with a mortgage pre-approval or are refinancing an existing home loan, many of the required documents are the same

As well as being able to qualify for a mortgage, you will also need to have quite a bit of cash on hand in order to buy your first home. So then, how much cash is needed in order to buy a house?

Whether you need to buy a car, take out a loan, or purchase real estate, your credit score will often be the factor which determines the success or failure of your application

Mortgage length is one of the primary concerns that prospective homeowners have. What term lengths are available and what are the advantages or disadvantages of each?

Something your real estate agent may not mention, as it’s not on a lot of their checklists, is the C.L.U.E.

If you’ve been thinking about purchasing a home and you served or are serving in the United States Military, you’re in luck!
You may be eligible for a VA Home Loan

Homebuyers who are having to compete for homes must get into the shoes of the seller to gain an edge in a home bidding war

Be sure to have all the information you need as you contemplate the obligations you are committing to with a home loan

Whether financing is needed for a newly constructed property or for an existing home, a buyer must ensure that reasonable terms are obtained

You’re about to go shopping for a new home. If you already are and you don’t have a mortgage pre-approval, stop, read this, and get one