When you’re buying a home, it’s important to understand the different types of mortgages available to you. Here we’ll break down five of the most common types of mortgage loans. Keep in mind that each type has its own benefits and drawbacks, so be sure to do your research before deciding on a mortgage. 5 […]
Mortgage interest rates are at all-time lows, but that doesn’t mean you should just jump on the first rate you’re offered. One way to get a lower interest rate is to pay discount points. But what are they, and are they worth it? This guide explains what discount points are, how they work, and whether […]
If you’re like most people buying a home for sale in Jasper, Huntingburg, Evansville or another Indiana community, you know you have a lot of options when it comes to mortgage products – and among them are fixed-rate mortgages and adjustable-rate mortgages, or ARMs. So what are the differences between ARMs and fixed-rate mortgages, and […]
It’s no secret that the mortgage application process is complex and often difficult. But did you know that there are a few simple mistakes that could get your application denied? This guide explains three of the most common mistakes people make when applying for a mortgage and how to avoid them. 3 Mistakes That Could […]
Closing on a new home can be a stressful process, we’ve prepared a list of 5 important things to check before you go to the closing table to sign the final documents and pick up the keys to your new home: Check that the title is clear Review all contingencies in your contract Go over […]
Talking about home loans can be very confusing. There are many kinds of loans to fit various types of buyers and situations. Conventional loans are always popular and a good way to go if you have great credit and a sizable down payment ready, and can get you instant equity in your new home (who […]
Good credit is more that just a nice thing to have; it’s essential if you are buying a home. Unfortunately, some people don’t consider the fallout of poor credit or how long the effects can last (Which is years!) Fortunately, there are steps you can take to clean up damaged credit, but in this blog […]
A lot of people spend a lot of time researching when to place their home for sale, and with good cause. There’s a lot of data out there that says when you list can really impact the success of selling your home. With that said, there are also times when you may not follow national […]
Ah, the perfect credit score. We all dream of it, and a few attain it, but the truth is you don’t really need a perfect credit score to get the best interest rates on loans. A good credit score is enough for most people’s needs, but that may be tricky to obtain and hard to […]
There are two major scoring models in the U.S. credit industry: FICO® -the industry leader- and VantageScore®. You may not have heard of the VantageScore, but it was designed by the three credit reporting agencies several years ago and is gaining in importance, partly because this score works with all three credit reporting agencies. Whereas you […]