Buying vs. Renting – Should You Put Homeownership on Hold?
May 26, 2022
With mortgage rates on the rise, some may be wondering if they should put a hold on their homebuying dreams in today’s climate. However, even with increased interest rates, we have put together a list of reasons why a home purchase could still be the right move for you.
1. Build home equity.
One of the most significant benefits of homeownership is the ability to build equity in your home.
What is home equity? Home equity is the va...
Purchasing a Home with Student Loan Debt
Apr 25, 2022
Student loans have become a normalized part of continued education. With forty-three million Americans holding student debt,1 it is not uncommon for those seeking to purchase a home to worry how their student loan debt might affect their home buying ability.
The good news is, even with student loans, it is possible for you to qualify for a mortgage if you meet certain loan requirements and are within the maximum allowed debt-to-inco...
Financial Spring Cleaning to Boost Your Savings
Mar 21, 2022
“The beautiful spring came, and when nature resumes her loveliness, the human soul is apt to revive also.”
Harriet Ann Jacobs
Each year spring brings a sense of revival. With the sun shining longer in the day and the grass turning greener, we tend to feel more energetic and have a fresh perspective on the things around us. We begin to deep clean and declutter our homes. But what about using your fresh perspective for revamping you...
How to Fill Out a Mortgage Loan Application
Feb 21, 2022
When purchasing a home, one of the first things you will have to do is fill out a mortgage loan application. The information provided in the application is essential for your mortgage lender to determine whether you, the applicant, are a good candidate for a loan and how much the loan can be for.
If this is your first home purchase, the form may be a little intimidating at first glance; but don’t worry, this simple guide will help ...
