Mortgage

What Is a Reverse Mortgage?

A reverse mortgage is a unique product, and it enables homeowners who are sixty-two years and above to access their home equity. In a reverse mortgage, you get money while …

Should You Refinance Your Home to Pay Off Student Debt?

Student loan debt is a rising problem in America. Student loan debts amount to $1.5 trillion, and 44 million Americans are struggling to pay it. Because this burden is gradually …

Step-by-Step Guide on How to Use a Mortgage Calculator

The most crucial asset of any home buyer is the mortgage calculator. A mortgage calculator gives you estimated figures for monthly payments, total interest, and other related factors given the …

How to Implement A Preapproval For A Mortgage

It is good advice that one needs to get preapproved when buying a home. The great thing about being preapproved is it convinces home sellers that you’re a genuine buyer …

How to Get a Mortgage With Poor Credit

Even though it is difficult to get approved for a mortgage when you have a bad credit rating, having a bad credit score with a credit reporting agency means that …

What is an FHA Loan? Can You Use One as a Mortgage?

Federal Housing Administration is a loan that the Federal Housing Administration insures. The target market is those with low to moderate incomes or low savings to afford a house. FHA …

Is Biweekly Mortgage Payment a Good Idea?

Avoid dividing your mortgage into monthly instalments; instead, you should make payments every two weeks and pay thousands of dollars in interest. Yet, is this the right strategy for the …

How to RefinanceYour Mortgage with No Closing Cost Refinancing

Mortgage refinancing can enable you to change your interest rate and mortgage term and borrow money using your home as collateral. Though the fees such as appraisal fees, title search, …