Latest Articles

To Consider: How Much is Enough?

How much is enough for a down payment? That’s a question we often field with regard to home loan down payments…and there isn’t a stock answer to it. What Is A Down Payment? A down payment is a lump sum of money you pay when the sales transaction is officially processed, known as closing. The […]

Things to Avoid Before Buying a Home

Buying a home in the near future? Here are some common mistakes to avoid during the home buying process to make sure your transaction goes smoothly! -Don’t Make an Expensive Purchase It’s best to avoid making major purchases like furniture, cars, appliances, electronic equipment, jewelry, or vacations until after the closing. Financing large purchases with […]

What is PMI and Do I Need It?

Check out our brief educational video on mortgage PMI. Did you know there are two different kinds of PMI? Borrower paid and lender paid! Learn about it in this short video below. Private mortgage insurance, also known as PMI, is generally required when you purchase a home with less than 20 percent down. The extra […]

Mortgage Lending Terminology – Explained

Definitions of Common Mortgage Terms New to the mortgage world? Me too! The acronyms alone are enough to leave your head spinning. So I’ve compiled a list of common mortgage terms and definitions to help us both. Something that you still don’t understand during your process working with your broker? Don’t hesitate to ask, we […]