Mortgage Tips

Simple mortgage tips to help you better understand and prepare for the home loan process to ideally save money.

Paying More Today Won’t Lower Future Monthly Mortgage Payments

Paying More Today Won’t Lower Future Monthly Mortgage Payments
February 24, 2021 No Comments »

Just about everyone with a home loan ponders the idea of paying a little extra, whether it’s via biweekly mortgage payments, or just once a year after receiving a sizable bonus or tax refund. Whatever the method, you should first ... Read More »

Look for a Mortgage Before You Search for a Home

Look for a Mortgage Before You Search for a Home
February 23, 2021 No Comments »

While it might look and sound counterintuitive at first glance, it could actually make perfect sense. Instead of assuming that home loan financing is just a cumbersome, yet mostly guaranteed step toward the American Dream, understand that it will dictate ... Read More »

Why Does Everyone Want Us to Pay Down Our Mortgages?

Why Does Everyone Want Us to Pay Down Our Mortgages?
February 22, 2021 No Comments »

You may have come across one of those articles lately that talks about how a couple paid off their mortgage in five years. Or some other absurdly-fast timeline. While it also sounds super enticing and perhaps inspiring, it’s often just ... Read More »

When Should You Start Looking for a House?

When Should You Start Looking for a House?
February 19, 2021 No Comments »

The short answer: Immediately. That is, if you want to buy a home at some point in the next year, or any time thereafter. We’ll get into the specifics in a moment, but there’s really no sense in waiting if ... Read More »

Why Do Mortgage Companies Want You to Refinance So Badly?

Why Do Mortgage Companies Want You to Refinance So Badly?
February 18, 2021 1 Comment »

If you already have a mortgage, there’s a good chance you receive junk mail on a regular basis urging you to refinance. You may receive solicitations from both your current bank/loan servicer and from a competing lender or mortgage broker ... Read More »

Do I Qualify for a Mortgage?

Do I Qualify for a Mortgage?
February 17, 2021 No Comments »

Sometimes I tend to skip past the seemingly basic mortgage questions, assuming everyone already knows the simple stuff. Unfortunately, that’s not the case, and what may appear basic isn’t really so straightforward. So let’s talk about qualifying for a mortgage. ... Read More »

Should You Buy a New Home or an Old Home?

Should You Buy a New Home or an Old Home?
February 15, 2021 No Comments »

It’s time for another match-up, this time we’ll compare buying a new home versus purchasing an old one. For the record, some home builders refer to existing homes as “used,” which sounds kind of silly considering we’re talking about a ... Read More »

12 Home Selling Tips for 2021

12 Home Selling Tips for 2021
January 28, 2021 No Comments »

While the recent stock market boom, coupled with near-record low mortgage rates will undoubtedly make prospective home buyers feel richer, lofty asking prices may have the complete opposite effect. Regardless of what happens to the economy this year, chances are ... Read More »

The Top 15 Refinance Questions Answered

The Top 15 Refinance Questions Answered
January 27, 2021 No Comments »

With mortgage rates at or near all-time record lows, you’ve likely pondered a refinance if you’re an existing homeowner. But you probably have a lot of questions too, especially if it’s your first time refinancing a home loan. Let’s clear ... Read More »

When Are Mortgage Rates Lowest?

When Are Mortgage Rates Lowest?
January 26, 2021 No Comments »

We’re all looking for an angle, especially if it’ll save us some money. Whether it’s a stock market trend, a home price trend, or a mortgage rate trend, someone always claims to have unlocked the code. Unfortunately, it’s usually all ... Read More »