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 […]
What Are Discount Points on a Mortgage?
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 […]
What Are the Differences Between ARMs and Fixed-Rate Mortgages?
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 […]
3 Mistakes That Could Get Your Mortgage Application Denied
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 […]
Should You Save a 20% Down Payment to Buy a Home?
5 Steps You Don’t Want to Miss Before Closing on Your Next Home
5 Reasons the FHA Loan May Be Right For You
Five Things That Seriously Harm Your Credit Score
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 […]