19
Oct
By
Home Mortgage Tips, ,

Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor

Are you in the market for a new home? If you are planning on borrowing some or most of the home's purchase price, you'll want to prepare yourself for the mortgage process. Let's take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan. What's The Best Mortgage Option For Me? As you probably know, there is a wide variety of mortgage loan options and programs on the market today. You may qualify for a number of mortgage loans along with certain government programs or specialty…
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17
Oct
By
Home Mortgage Tips,

Current Servicemember or Veteran? 4 Reasons Why a VA Home Loan Is an Excellent Choice

Are you current or former member of the US military service who is looking to buy a new home? If so, you will be pleased to know that there are some special mortgage programs that are open to you. Let's take a look at five reasons why a mortgage backed by the Department of Veterans Affairs is an excellent choice when buying your new home. You Can Borrow Up To 100% Of The Home's Value You read that correctly! VA-backed mortgages are available to you even if you choose to put no money towards your down payment. This can be…
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10
Oct
By
Home Mortgage Tips, ,

Understanding ‘Bridge’ Financing: How to Buy a New Home Before You Sell Your Current One

One of the biggest challenges a homeowner can face when looking to upgrade or move is trying to sell their current home while buying another. If most of your net worth or equity is locked up in your current house, you will need to move it into cash to help fund the purchase of your new home. The alternative is to wait until your home is sold and you receive the funds before trying to buy a new one – but you could end up waiting for months. The great news is that there are bridge financing options available to…
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