Mortgage Blogs

Should You Get a Home Warranty?

Photo by Maksim Goncharenok from Pexels Is a home warranty worth the cost? Or is it better to put that money elsewhere? Here are a few things to think about.  What is a Home Warranty? As you probably already know, a home warranty is a way to protect yourself from major expenses. The idea is that by paying…

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Should You Buy a House in a Good School District?

Whether you have kids or not, the quality of the local school district is something you may want to think about as you consider a house. Here are a few reasons why.  Homes in a Good School District Cost More This correlation is very common. If you remember from economics class, the principles of supply…

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FHA Loan vs Conventional. Which One Should You Get?

Photo by Pixabay from Pexels Should you get an FHA loan or conventional loan? The short answer is it depends on your current situation. Here are a few factors that come into play with these two types of loans.  FHA Loan vs. Conventional: What’s Your Credit Score?  The first thing to consider as you weigh your two options…

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3 Ways to Save on Home Insurance

Photo by Any Lane from Pexels Wondering how to save money on home insurance? Here are a few of the best ways to save without spending tons of time or energy.  Save Money on Home Insurance by Shopping Around The first and most important step is to shop around. This is something we do every day, right? We…

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Ways to Avoid Private Mortgage Insurance (PMI)

Looking for a few ways to avoid paying Private Mortgage Insurance (PMI)? Fortunately, you have a few different options. Here are the most popular ones. How to Avoid PMI: Put 20% Down If a homeowner purchases a house with a low down payment, the bank is assuming additional risk by offering a mortgage. To help…

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Is Now a Good Time to Buy a House?

Is now a good time to buy a house? Depending on who you ask, you may hear a few different answers. Here are our thoughts Now is a Good Time to Buy a House: Mortgage Rates are Low As you would already know, mortgage rates are incredibly low right now. This essentially means that any…

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How to Pick a Home Mortgage Lender

Photo by fauxels from Pexels How do you pick a home mortgage lender? After all, there are a lot of companies out there. Here are a few things to keep in mind during your search and selection process. Tips to Find a Mortgage Lender: 1)  Know Your Financials As you start down this road, go ahead and collect…

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Do I Need a Down Payment to Buy a House?

Photo by Binyamin Mellish from Pexels Do you need a down payment to buy a house? After all, it can be difficult to save up thousands of dollars to qualify for a mortgage. The good news is the answer is yes- there are a few options to let you buy a house without a down payment. But even…

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3 Reasons to Buy a Home Instead of Rent

Photo by August de Richelieu from Pexels Should you rent or buy a home? Is homeownership better than renting? We tend to think so, and here are a few reasons why. Homeownership vs. Renting: Make it Yours You’re limited to what you can do to really make a rental home yours. Sure, you can paint the walls –…

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Teaching Your Kids About Money

Teaching Your Kids About Money It is never too early to begin teaching your children about the importance of money management. Financial skills are an essential part of navigating life and our children should be taught the basics about money. Studies suggest that the money habits of children are formed by the age of seven…

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