by karendouglas | Apr 5, 2019 | Buying a Home, Mortgage Loans
Owning a home is the American Dream. And there are many benefits to owning a home! If you plan on buying a house, you undoubtably wonder how much money you’ll need to make your dreams come true. The truth is there isn’t a standard number indicating how much you should...
by karendouglas | Dec 19, 2018 | Reverse Mortgage
Reverse home mortgages have increased in popularity over the years. Introduced in 1989, a reverse mortgage is a unique type of home equity that provides lifetime tax-free income to people aged 62 or older. With reverse home mortgages, senior homeowners that have large...
by karendouglas | Sep 15, 2018 | Buying a Home
There will be a time in every renter’s life when buying a home seems more appealing than renting. Should you buy or should you continue renting? Why buy? When you rent, your money doesn’t entitle you to enduring ownership of anything. Let’s assume,...
by karendouglas | Jul 23, 2018 | Buying a Home
Looking to buy a home and wondering what all this crazy lingo is about? Here’s the scoop on what these words and acronyms are trying to convey in our Complete Mortgage Glossary: (You might want to bookmark this page.) Adjustable Rate Mortgages or “ARMs”: These...
by karendouglas | Mar 9, 2018 | Buying a Home
Mortgage Credit Certificate Program for first time homebuyers survives the new tax reform! A Mortgage Credit Certificate gives qualified home buyers a dollar for dollar tax credit for part of the mortgage interest paid each year. It directly reduces a homeowner’s...
