Homeownership provides stability and the opportunity to create a foundation for a family. However, there are also tax benefits that come with buying and owning a home. Taking advantage of…

What is the 7/1 Jumbo ARM loan? A 7/1 ARM is an adjustable-rate mortgage with a 30-year term that features a fixed interest rate for the first seven years and…

As a first-time homebuyer, you may have heard several misconceptions about how to maneuver through the real estate market – The most common myth being that you must have a…

Calculating self-employment income is a little trickier than calculating income for someone who is a full-time employee, but there are a few guidelines you can follow to figure out how…

A cash-out refinance replaces your existing mortgage with a new, larger mortgage. You refinance the existing mortgage with a new mortgage, and you can use the money however you want….

It’s very popular for family members like parents, grandparents, or in-laws to want to help their child with the purchase of a first home. Usually this comes in the form…

What Is A No-Cost Refinance? A no closing cost refinance is an option available to borrowers which allows them to avoid paying all non-recurring closing costs. In this instance, the…

What Is An FHA Loan? An FHA loan is a home loan backed by the Federal Housing Administration, a government agency created to help home buyers qualify for a mortgage….

When it comes to the loan process, there is a lot that happens in a short span of time. Once approved for a loan, it can feel like a whirlwind…

Borrowers often have anxiety about refinancing and going through the taxing journey of gathering their personal financial documentation. The good news about refinancing is that it is very similar to…