FHA Loan: What Should You Know?
If you're looking to purchase a new house or even a fixer-upper, you might be wondering what an FHA loan is and whether it is suitable for you. These are the ten main factors that set this type of mortgage apart. What is an FHA Loan? An FHA mortgage is ...
7 Solutions for Homeowners Struggling with Mortgage Loans
If you’re struggling with a home mortgage or having difficulties repaying loans, you are not alone. According to RealtyTrac, one in every 12,448 homes remains in foreclosure throughout the USA as of Dec. 2020. In Florida, one in every 6,240 residences, while in California, one in every 11,342. The coronavirus ...
Five things to know about mortgage insurance
If you are considering buying a property, you should ideally save a 20% down payment; if you don't, your lender will require you to purchase mortgage insurance before signing the loan (PMI). It is an added cost on top of your regular monthly home loan settlement, intended to save the ...
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 ...
Refinance Questions on Mortgage and Their Answers
Many existing homeowners consider refinancing their mortgage due to so many reasons. However, if this is your first time refinancing, then it’s safe to say that you have so many unanswered refinance questions to tackle. Below, you’ll find answers to common refinance questions about your mortgage. 7 common refinance questions on ...
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 ...
