If you are a homeowner then you most likely have the financial power of accumulated home equity. You can use this to get a loan with the best interest rates. For many Americans, HELOC is the most powerful option to borrow money to remodel their home, pay off credit card…continue reading

Are you planning to buy your dream home? Then like most people you probably have questions about what mortgage lenders look for before they approve of your loan. They look at several things to ensure that you are a responsible borrower and will pay back your loan on time. However,…continue reading

Congrats! You have just closed on your new home. Now, what next? You must realize that your homeownership does not end with the closing of your new home, but is just beginning. There are some top tasks to complete that many buyers often overlook. By completing these tasks you can…continue reading

Due to the economic effects of the COVID-19 pandemic, the mortgage rates in the US are at historic lows for the past year. Many Americans have taken advantage of this situation to refinance their homes or take out home equity loans. Both these are useful financial tools to cash out…continue reading

You have found a house and after due diligence and planning, you are finally on your way to become a homeowner. However, the most time-consuming part before you close is the tons of paperwork that you need to review and sign. One such document that you will receive if you…continue reading

If you are a first-time homebuyer you may be apprehensive about whether you could afford the mortgage payments or other costs associated with buying a home. Therefore, the more you know of the mortgage process the more prepared you will be to make the right decision. One important document that…continue reading

Relocating to a new home is exciting. But, at the same time, the long list of things that you need to accomplish before moving is undoubtedly stressful and overwhelming. At first, it may seem like a herculean task. Luckily, these helpful tips and suggestions can make the packing and moving…continue reading

If you are a homebuyer or a seller dealing with a home inspection and an appraisal are just part of the process. Many people, especially first-time homebuyers find it confusing as both are technically a type of inspection and involve a professional visiting the property. However, there are some significant…continue reading

After searching for months you have finally found the home you want. Now you need to decide not only on what price to offer but also prepare for a situation where your offer has to stand out among other buyers. After all, you will not want to lose your dream…continue reading

When you start your mortgage process, your lender or loan officer will want to know whether you want to “float” or “lock-in” your interest rate. It is important that you fully understand these terms before you pick one over the other. Your decision will determine what you pay each month…continue reading