What is Refinancing?

Mortgage refinancing is the process of replacing an existing home loan with a new loan. The goal of refinancing is to assist you in reducing your monthly payments, lowering your interest rates, or change your loan program from an adjustable rate mortgage to a fixed rate mortgage. Moreover, when you make regular payments on your mortgage for several years, you can increase the amount of your home equity.

What are Adjustable-Rate Mortgages?

Adjustable-rate mortgages (or ARMs) are a type of home loan. They’re differentiated from standard mortgages through one key factor: if you have an ARM, your interest rate can change periodically. Your monthly payment could be one amount next month and then higher or lower the next.

Advice on Disputing Errors on Your Credit Report

As any current homeowner can tell you, a major part of buying a home will also be your ability to understand your credit score. A simple error on your credit report can make or break your success at getting the home you have always dreamed of owning. Do you know how to understand your credit report or how to dispute items that you feel are mistakes?

How to Buy Your Dream Home Before You Sell Your House

Buying and selling a home at the same time is stressful. Carrying two mortgages will put a financial strain on any bank account. That’s where bridge loans come in. Bridge loans allow you to cover both mortgages short-term. When your home sells you pay back the bridge loan to the bank.

What is Mortgage Insurance?

Mortgage insurance is required for home buyers to compensate lenders from foreclosure. Learn more about the types of mortgage insurance suitable for you.

What is a Non-Conforming Mortgage?

A non-conforming mortgage loan is a loan offered to those that do not conform to the loan purchasing guidelines. Read more to learn about the risks.