First-time Mortgage Borrowers: Avoid These “Rookie Mistakes” Many home buyers who are applying for their first mortgage will go to great lengths to research the options, learn more about loan terms and generally educate themselves about a process that they are unfamiliar with. Despite these common steps that rookie mortgage applicants make, they often make […]
The HARP Mortgage Program is Coming to an End Soon
Here’s What You Need to Know The United States government established the HARP program, otherwise known as the Home Affordable Refinance Program, to assist homeowners who are struggling with their mortgage payments. Initially, the program was founded in March 2009, and it has provided many homeowners with an easier route to adjusting their mortgage payments […]
20 Percent Down Payment?
The Pros and Cons of Putting in More Than 20 Percent as a Down Payment on Your New Home One of the most common questions home buyers ask today relates to how much money they need to put down on a home. There are mortgage requirements in place that establish minimum down payment requirements, and […]