3 Things You May Not Know About VA Loan

Do you want to use a VA loan to purchase your next home, and do you have some questions about doing so? If so, it will help to know the following things about VA loans that you may not be aware of.  You Can Own Multiple Homes Using VA Loans One misconception about VA loans is that you can only have one VA loan at a time. That is not necessarily true, since there are ways to get around the issue. [Read More]

Mortgage Basics | Fixed Rate Mortgage

When shopping for a mortgage, one of the most important decisions you will make is what type of mortgage to get. Here's what you need to know about a fixed-rate mortgage to make an informed decision. What is a fixed-rate mortgage? Investopedia describes a fixed rate mortgage as "a home loan with a fixed interest rate for the entire term of the loan." In other words, your monthly payment will stay the same, even if interest rates rise or fall. [Read More]

Should You Refinance Your Mortgage?

Are you considering refinancing your home, but not sure if it's the right choice? If so, it will help to know some pros and cons of refinancing so that you can make an informed decision.  Reasons To Refinance In general, you are going to want to refinance when there is a financial advantage to do so. Some people view this as lowering the monthly payment that they make each month, even if it means paying more money over the lifespan of the loan. [Read More]

Understanding Your Options For Disaster Relief Mortgage Services

Disaster relief mortgage services are services you may not even know are available. In fact, homeowners do not consider this as an option unless their local city or their mortgage company notifies them the services are available. If you believe you may be eligible for disaster relief, but you are unsure of what options are available, here are a few your mortgage company may offer. These will vary depending on your mortgage company and location, however, these are the most common options offered by mortgage services. [Read More]