21 Jul 2022 How to Buy a House in Maine How to Buy a House in Maine Whether you’re planning to move to Maine or already in state and looking for a new home, buying a house in Maine is an exciting new chapter to start! There are a lot of factors that go into buying a home such as your financial situation, market environments, […] Share on Facebook Share on Twitter
29 Jun 2022 PMI: What is it? Do I Need it? How to determine which type of PMI is best for you In today’s market, saving for a 20% down payment can mean putting your home buying dreams on hold. Fortunately, there’s an option for buyers to put down less than 20% by utilizing private mortgage insurance, also known as PMI. What is Private Mortgage Insurance? […] Share on Facebook Share on Twitter
31 May 2022 Escrow: What Is It and How Does It Work? What is escrow and how does it work? Escrow is a common term you’ll hear during the home buying process, but if this is your first home, it’s one you might not be familiar with. There are two types of escrow accounts that will come into play when buying a home: During the process, funds […] Share on Facebook Share on Twitter
10 May 2022 What Happens After Underwriting? What happens after underwriting? There are a lot of specifics to the mortgage process, which can seem overwhelming if it’s your first time going through it. The good news is that your lender will guide you along every step of the way to ensure things run as smoothly as possible. Part of that process is […] Share on Facebook Share on Twitter
26 Apr 2022 Why Mortgage Rates Are Rising And What It Means Fo... Why mortgage rates are rising and what does it mean for home buyers? For a long time, we’ve been talking about how interest rates have been at historic lows. If you’ve been paying attention, you’ve noticed that now things are trending in the opposite direction, and we’re seeing rates rising significantly. What’s causing the increase? […] Share on Facebook Share on Twitter
