How to Save for a Down Payment

How to Save for a Down Payment

Are you looking to buy a house, but struggling to come up with the money for a down payment? Read on to discover how to save for a down payment… While many people think you need to save 20 percent for your down payment, the truth is, you need to save much less....
Reasons Why a Mortgage is Denied

Reasons Why a Mortgage is Denied

Understanding the most common reasons a mortgage is denied can help you avoid them. Even if a buyer is pre-approved for a mortgage prior to house hunting, it’s not a guarantee the funds will be there when they find their dream home. Many real estate deals fall through...
How Are Interest Rate and APR Different?

How Are Interest Rate and APR Different?

Most of us know that interest rate and annual percentage rate (APR) are different from each other, but many people aren’t entirely clear on the difference. In order to clarify the difference between interest rate and APR, let’s talk about how they work....
Fixed or Variable Rate Mortgage?

Fixed or Variable Rate Mortgage?

There’s a lot to know when getting a mortgage for your home. Besides getting approved by a lender, you’ll need to decide if you’d rather have a fixed rate or variable rate mortgage. There are several factors to consider when deciding which one is best for you. Here’s...
The Keys to a Fast Mortgage Loan Closing

The Keys to a Fast Mortgage Loan Closing

The mortgage industry has undergone several changes over the years. The two biggest changes are the increased length of time and amount of paperwork required to close a transaction. While the process can be lengthy and at times, the core items required to close a...