Using Gift Money for Your Down Payment
Nov 14, 2022Gift-giving season is upon us — and did you know that you can potentially use gift money to help cover your down payment? You most certainly can. However, there are some limitations and a few…
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How does house hacking work?
Oct 25, 2022There are lots of creative ways to afford a home, but house hacking might be one of the most interesting on paper. Not only does this investment strategy have generations of practical use behind it,…
How do construction loans work?
Oct 10, 2022Building your home from the ground up can be extremely rewarding. You get to have a lot more control over your property’s design and construction, and starting from scratch can be an adventurous passion project….
4 Property Risks That Can Impact Financing
Oct 07, 2022When you apply for a mortgage, lenders assess two things: your risk as a borrower and any risks associated with the property. While you can influence the former through having a good credit score and…
5 Telltale Signs of an Overpriced Listing
Sep 26, 2022Knowing whether the price is right for a property you’re interested in is vital to avoid problems further down the road. It can be easy to miss though, especially in a hot market. With stiff…
Can Homebuyers Save Money By Waiting?
Aug 23, 2022Mortgage rates have risen since the beginning of the year. As home prices still remain high and economic uncertainty creeps in, you might be considering pausing your home search. Is that the right move, though?…
New Home Checklist Before Moving In
Aug 08, 2022Buying a house can be challenging, but the work doesn’t stop once you sign those closing papers. As a new homeowner, there are a number of tasks you’ll want to prioritize to ensure your home…
Adjustable-Rate Mortgages Demystified
Jul 25, 2022Adjustable-rate mortgages (ARMs) are a hot topic for a reason: Not only can they help borrowers avoid committing to higher interest rates, but initial rates for ARMs have also remained lower than fixed-rate mortgages. For…
4 Financial Planning Myths Busted
Jul 12, 2022There are a lot of myths and misconceptions in the personal finance world, and some of them could hold you back — from saving money and improving your credit score to qualifying for loans. No…
3 Ways to Reduce Your Mortgage Costs
Jun 28, 2022Your mortgage costs aren’t always set in stone. If you want to reduce your monthly payments or lower your long-term costs, there are several options for you to explore. While methods may vary depending on…