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Should I Make a Biweekly Mortgage Payment?

Should I Make a Biweekly Mortgage Payment?

Many homeowners are eager to pay off or pay down their mortgages in order to save themselves money in interest charges. Many lenders have even anticipated this situation by offering buyers a bi-weekly payment program. What is a Bi-Weekly Mortgage Payment

Sep 19, 2018 | Interest Rates Purchasing a Home First-time Homebuyers Conventional Loans

What is a Piggyback Mortgage?

What is a Piggyback Mortgage?

In order to achieve the dream of homeownership, many buyers look for creative financing to aid them in their quest. One such option is a piggyback mortgage, which actually involves taking out two separate loans to make homeownership more affordable. These

Sep 12, 2018 | First-time Homebuyers Conventional Loans Preapproval Purchasing a Home

The Ins and Outs of a Home Equity Line of Credit

The Ins and Outs of a Home Equity Line of Credit

Homeowners have a great source of funding available to them that others don’t: their house! If homeowners have a significant amount of equity in their home or especially if their mortgage is completely paid off, they can make great financial use of

Sep 05, 2018 |

Happy Labor Day 2018

Happy Labor Day 2018

Happy Labor Day 2018 to all of America's workers from AskALoanOfficer.com. It is only through labor and painful effort, by grim energy and resolute courage, that we move on to better things. – Theodore Roosevelt

Sep 03, 2018 |

Home Buying Help: What is Escrow?

Home Buying Help: What is Escrow?

Buying a home is often the biggest purchase you make in your life. With all that money on the line, buyers and sellers AND lenders need a safe and secure way to make the transaction.  In order to make sure the home sale and mortgage funds transf

Aug 29, 2018 | Purchasing a Home

What Are Closing Costs?

What Are Closing Costs?

When you sit down to sign the papers to buy a home, you will most likely be required to pay closing costs. Mortgage closing costs are the fees associated with the home buying and lending process.  What is included in my closing costs? The types of

Aug 22, 2018 | Purchasing a Home Refinancing a Home Conventional Loans