Mortgage Education

Federal Reserve and Mortgage Rates: The Connection

Federal Reserve and Mortgage Rates: Understanding the Connection Introduction When it comes to buying a home, one of the most significant factors that potential homeowners consider is the mortgage rate. What many may not realize is how these rates are influenced by...

Down Payments: How Much Do You Really Need?

Down Payments: How Much Do You Really Need? One of the most significant financial decisions you'll make in your lifetime is buying a home. While the prospect of owning your own property is exciting, it often comes with a hefty price tag. Unless you're fortunate enough...

FHA Loans

FHA Loans FHA loans are an excellent option for many first time home buyers. So what is FHA? “FHA” stand for Federal Housing Administration. FHA is part of the U.S. Department of Housing and Urban Development, also known as HUD. First time home buyers are often...
Federal Reserve and Mortgage Rates: The Connection

Federal Reserve and Mortgage Rates: The Connection

Federal Reserve and Mortgage Rates: Understanding the Connection Introduction When it comes to buying a home, one of the most significant factors that potential homeowners consider is the mortgage rate. What many may not realize is how these rates are influenced by...

Down Payments: How Much Do You Really Need?

Down Payments: How Much Do You Really Need?

Down Payments: How Much Do You Really Need? One of the most significant financial decisions you'll make in your lifetime is buying a home. While the prospect of owning your own property is exciting, it often comes with a hefty price tag. Unless you're fortunate enough...

FHA Loans

FHA Loans

FHA Loans FHA loans are an excellent option for many first time home buyers. So what is FHA? “FHA” stand for Federal Housing Administration. FHA is part of the U.S. Department of Housing and Urban Development, also known as HUD. First time home buyers are often...

USDA Home Loans

USDA Home Loans

USDA Home Loans USDA home loans offer 100% financing on a mortgage! That means no down payment is required. This can be an excellent way to purchase your home. You don’t even need to be a first time home buyer. Let’s go over some details.   What is a USDA home loan?  ...

Cash Out Refinance

Cash Out Refinance

Cash Out Refinance   Cash Out Refinancing allows a homeowner to pull equity from their home. This means more cash available to the homeowner. There are specific guidelines in what is allowed for a Cash Out Refinance. Cash Out Refinances can be very useful to...

Closing Costs 101

Closing Costs 101

Closing Costs  Closing costs are the costs associated with purchasing a home. The amount of closing costs will vary depending on several factors. Let’s scratch the surface to help you understand what the closing costs are and how the costs can be paid in a...