Mortgages

Figure out how much home you can realistically buy and if a lender will approve you. According to the U.S census in 2020, over 62% of homeowners have at least one mortgage circulating over 10.3 trillion dollars in mortgage debt. The idea of debt sounds scary, but when properly understood and responsibly managed, debt can…

Specifics of refinancing property and the steps to move forward with the process. To refinance your home means that you are essentially throwing out your old mortgage and applying for a new one. This comes with a different principle and generally a lower monthly payment. The new mortgage is what your lender will use to…

Assessing the pros and cons of a reverse mortgage for seniors 62+. A reverse mortgage is a profitable decision for some homeowners aged 62 and up with a decent amount of equity in their home. A reverse mortgage is a way for these homeowners to reap the benefits of pulling equity from property as retirees.…