If you are like most people, you want to get the absolute highest price for your home. Did you know, though, that it may cost you more in the end if this is the case? It’s a little thing called capital gains tax. In other words, the government is watching and they want to know how much money you are Read more
Archives for September 2018
Can you be Too Old to Qualify for a Mortgage?
It might not make sense for an elderly person to take out a mortgage, but that doesn’t mean it’s not allowed. It’s against the law for mortgage lenders to discriminate against borrowers based on their age. That being said, you can be as old as you want and apply for a mortgage. Whether you qualify Read more
Are Condos Eligible for VA Financing?
Buying a condo may be the smartest financial choice for you right now. You know that you can’t handle the maintenance involved with a single-family home and the condos in your area are less expensive than most single-family homes. What happens if you are a veteran, though? Can you get VA financing Read more
Alternatives to a Cash-Out Refinance
You need cash, but you aren’t sure you want to refinance your first mortgage. Is the cash-out refinance the only way to get the cash you need?Looking for Current Mortgage Interest Rates? Click Here.Luckily, there are other ways you can get your hands on some cash. Some of the options may be Read more
How the FHA Mortgage Insurance Affects Your Monthly Payment
If you take out an FHA loan, you’ll pay mortgage insurance for the life of the loan. The mortgage insurance protects your lender should you default on the loan. It’s in exchange for the low down payment requirements and flexible underwriting requirements the FHA offers.Get Matched with a Lender, Read more
