Is it possible that living in your dream home could turn into a nightmare? Unfortunately, this is a reality for many homeowners across the country. They desperately try to refinance their mortgage because they can no longer afford their monthly mortgage payments, but their mortgage lender or bank turns them down. Then comes the fear…
Month: June 2021
Four Ways Refinancing Your Home Loan Can Help You: Insights from a Mortgage Company in Belleville, Illinois
Are you thinking about refinancing your home in Belleville, Illinois? Home refinancing offers several advantages that vary from borrower to borrower, depending on what they hope to achieve. Here are four ways it can help you:
Four Essential Mortgage Considerations: Insights from a Mortgage Company in Oshkosh, Wisconsin
Are you looking to take out a mortgage for your home purchase in Oshkosh, Wisconsin? If you proceed wisely and learn as much as possible about the various mortgage options that are available to you, you will be in a much better position to protect your financial and personal interests. This is especially important considering…
Reasons Why You Should Work with a Mortgage Broker: Insights from a Mortgage Company in Moline, Illinois
Are you planning to buy a new home in Moline, Illinois? If so, you should be prepared to deal with the various expenses that go with purchasing a home. Some of the fees you will incur on your journey to home ownership include: Down payment Lender-based origination, underwriting, and application fees Title-based fees Survey and…
Factors to Consider Before Taking Out a Reverse Mortgage: Insights from a Mortgage Company in Plymouth, Minnesota
For many homeowners aged 62 and above, reverse mortgages can be an excellent retirement tool. It allows you to take out a loan against the equity you have built up in your home. It not only supplements your income, but it also helps you to live in your home for as long as you want….
Questions Your Mortgage Lender Will Ask: Insights from a Mortgage Company in Urbana, Illinois
Are you planning on buying a home in Urbana, Illinois? It can be a daunting task. Finding a home can take time and effort. Not to mention the questions to be answered and paperwork to be completed. When you decide to buy a home, you should get your finances in order. As you are looking…
Fixed-Rate or Adjustable-Rate: Which Conventional Mortgage is Right for You? Insights from a Mortgage Company in Eau Claire, Wisconsin
Although home prices have dramatically outstripped incomes in many parts of the country (the typical home value of homes in Wisconsin is $222,738, whereas the median household income is $61,747), the dream of homeownership remains a big part of the American story. However, for many people in Eau Claire, taking out a conventional mortgage is…
How Many Mortgage Quotes Should I Get? Insights from a Mortgage Company in DeKalb, Illinois
When it comes to finding the right mortgage company in DeKalb, Illinois, it is important to shop around. The more time and effort you put into your hunt, the better your odds of finding the best rate. You are shopping for what is most likely one of the biggest purchases you will make in your…