Latest Articles

8 Documents Needed to Apply For a Mortgage

Applying for a mortgage loan can be an intimidating process, and it’s easy to feel overwhelmed. But understanding what documents you need is the first step in taking control of the process and getting into your dream home. Here are the eight essential documents you’ll need when applying for a mortgage loan. Asset Statement Your […]

Is It Worth It To Pay Mortgage Points

Mortgage points, also known as discount points or simply points, are fees paid directly to the lender at closing in exchange for a reduced interest rate on a mortgage loan. One mortgage point is equal to 1% of the total loan amount you pay. If you’re borrowing $250,000, one point would cost $2,500. But are […]

Closing Costs: A Comprehensive Guide

Buying a home is an exciting process, but it’s important to remember that there are costs associated with homeownership beyond the principal and interest amounts. Closing costs are one of those costs, and they cover a range of fees related to transferring the title from the previous owner’s name to yours. Let’s break down what […]

Setting Your Mortgage Budget

Ready to take the plunge into homeownership? Before you start your house hunt, it’s important to know how much of your income you can allocate to your monthly mortgage budget. Here, we’ll discuss how to determine your mortgage budget, allocate your income, and what expenses to include.   Determining Your Mortgage Budget  The most important […]

Is Inflation Relief on the Horizon?

This year, inflation has been a problem for consumers as prices have risen on food, gas and a variety of other goods and services. Inflation refers to the overall increase in prices for goods and services in an economy. Inflation is significant for many reasons. One reason is that it causes higher prices. It is […]