Should I Select an FHA Loan to Buy My New Home?
Financing your new property or construction home requires time, organization, and understanding of the different alternatives available to you as a customer. One option is the FHA loan, offered by the Federal Housing Administration. In contrast to other mortgages, FHA loans have many benefits and are designed specifically to streamline your ...
Home Insurance vs. Mortgage Insurance
Buying a property for the first time can be perplexing, especially when trying to decipher the myriad terminologies associated with the process. As a result, don't mistake home insurance with mortgage insurance while deciding the type of insurance. What is Home Insurance? Family property insurance can protect you financially if ...
Side Hustle To Pay Off Mortgage Faster: 4 Simple Ways
Are you considering a side hustle to pay off mortgage faster? The thought that you still have a mortgage payment to make can be debilitating. More so, when it doesn't seem you are making such a huge headway in paying up faster. For some people, it can be draining and ...
What Counts as Income for a Mortgage?
So you are ready to become a homeowner; the first step is finding a home you love. The second step will be to look for a mortgage loan when you find your dream house. Next, your mortgage lender will scrutinize your earnings to ensure that you can afford the monthly ...
Retirees Mortgage: Should They Pay It Off?
There is a certain peace of mind that comes with a debt-free retirement for some people. However, one of the key goals in life is to pay off your mortgage before retiring. Many retirees mortgages are mostly not available to them, but they often have highly substantial ones. So, should ...
Mortgage Insurance Disbursement: Everything You Need To Know About It
Mortgage insurance disbursement is never understood because you do not find the exact answer except for this site. But, we will try to make this simple and understandable for you. So, let us start! Disbursing a Mortgage Loan A disbursement, often termed a cash disbursement or a cash payment, refers ...