For most home buyers, a 30 year mortgage is the standard choice for financing their purchase. But there’s another option that often goes unnoticed in today’s mortgage marketplace, and it’s an option that could save homeowners tens of thousands of dollars.
Homeowners who hold a current FHA mortgage may be able to take advantage of the government-insured low-cost refinancing program. If today’s lower interest rates have you considering a refinance, this simplified, streamlined option for FHA borrowers could be a great idea. What is an FHA Streamline Refinance? The Federal Housing Administration (FHA) insures select mortgages … Continue reading Saving time and money with low cost FHA streamline refinancing
Owning a home can be a great source of pride and satisfaction. It can also be a great investment over the long term. As your home builds value and you continue to pay off your mortgage, your home builds equity—which can be tapped into to help pay for expenses. Instead of relying on high-interest credit … Continue reading Using the Equity in Your Home to Help with Expenses
During this time of great uncertainty, one thing is certain: that every individual, household, business, and organization in the United States are feeling the impact of the global Coronavirus Pandemic. As we work together to reduce the spread of infections by staying home and closing non-essential businesses, an unprecedented number of people are facing layoffs, … Continue reading COVID-19 Relief (CARES Act)
The events of the recent weeks are truly unprecedented in our lifetime. As the spread of Coronavirus ramped up in the US, we have come together as communities and as a Nation to prevent infections by staying apart. This presents new challenges for all of us, personally and professionally.