3 Reasons You Should Trust in a Mortgage Advisor Instead of Trying to Predict Rates

If the time has come to purchase a home and you’ve been perusing the real estate market, it’s possible you’ve also been considering the mortgage options that might work best for you. In the event that you’re already spending a lot of time looking at homes and trying to sell your own, here are a few reasons you may want to leave your mortgage considerations to a professional.

How Much Should You Budget for Closing Costs? Let’s Take a Look

If you’re in the market for a new home, you’re probably trying to budget for all of the expenses that come with a home purchase. After all, the asking price isn’t necessarily the entire amount that you’ll pay – there are other expenses that will factor in to the final price. One such expense is your closing costs.

FHA Streamline Refinance Mortgage Loan Program

Many homeowners would love to lower their interest rate or take advantage of other benefits associated with refinancing, but they are concerned about the time and expense associated with refinancing their current mortgage. The FHA Streamline Refinance loan program is designed to provide those who currently have an FHA loan with an easier way to refinance their mortgage, and this may be a desirable option for many.

Three Tips to Ensure That a Reverse Mortgage Makes Sense for Your Financial Situation

If you’re having financial troubles, or if you need to free up a large sum in a short period of time, a reverse mortgage is a great way to get the money you need without having to take on new debt or make monthly payments. The great advantages of a reverse mortgage are that you don’t need to make any loan payments until you decide to move out of the house and that in spite of the interest rates attached, you’ll never owe more than the value of your home.