Understanding a Portfolio Mortgage Loan

For people who are looking for a mortgage for a home but cannot obtain traditional financing, there are a few options outside the traditional realm of mortgages where borrowers can still obtain mortgage financing. One of those options is known as a portfolio mortgage or a portfolio loan. Unlike a traditional mortgage lender, a portfolio […]

Top Reasons Your Mortgage Could Get Rejected

Anyone who has bought a home will agree that the most challenging part of becoming a homeowner is getting your mortgage application approved. There is a series of processes that you need to undergo-from securing essential documents to passing the lender evaluation. All of these steps are not easy to accomplish. Every year, millions of […]

When Is The Best Time To Apply For A Mortgage Loan?

When it comes to applying for a mortgage loan, timing is everything. The best time will depend on market conditions. So if your timing is right, you’ll be able to get lower mortgage rates. However, the process is easier said than done. This is why you need to gain a better understanding of the mortgage […]

Applying For Mortgage? Watch Out For These Potential Red Flags

Finding out that you have been dealing with a fake mortgage specialist can be frustrating. Imagine wasting your time and money on an individual not worthy of your trust. Without a doubt, mortgage fraud can be stressful. For the past few years, mortgage fraud has continued to increase as more and more suspicious activities have […]

Don’t Commit The Same Mortgage Mistakes

You might currently be in a situation where you are trying to decide whether or not you should get that new mortgage. Many individuals consider applying for a mortgage without taking a few things into consideration. Avoid making a hasty decision without weighing the pros and cons. Whether you’re running into qualification problems or you […]

When To Consider Refinancing Your Mortgage

When To Consider Refinancing Your Mortgage

Refinancing a mortgage might have already crossed your mind, but since it’s a major expense, you’ll need to give it a thought before making a decision. Aside from analyzing the closing costs, you’ll also have to think about the refinance rules. If you find it difficult to pay your mortgage, refinancing will help you reduce […]

Buying A Home For The First Time? How To Buy With Confidence

Buying A Home For The First Time? How To Buy With Confidence

Having your own home gives you a sense of freedom to remodel and settle, not worrying about spending money on someone else’s asset. If you want to invest your money into something you can call your own, buying a home is a good idea, but you need to keep a few things in mind. Buying […]

Don’t Apply For A Mortgage Without Answering These 7 Questions

Have you thought about buying a house, but deemed it elusive because of the interest rates? While a home is a wise investment, the process that comes with securing a mortgage is a challenging task, especially if you are unprepared. One thing you need to make sure is to get a mortgage with reasonable terms […]

Not Sure How Much You Should Charge For Rent

Not Sure How Much You Should Charge For Rent? Here’s A Quick Guide

Your home can be a smart asset if you consider converting it into a rental property, especially if you are relocating or not yet ready to sell it. Before you proceed with choosing a tenant that will help you pay off your mortgage, you will need to start by identifying how much you should charge […]