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Category Archives: mortgage
Question? What does 25 percent PMI coverage actually mean Answer: 25 percent coverage actually means that the MI company will pay out 25 percent of the loan amount and total expenses to the lender when a property goes into foreclosure … Continue reading
Near record-low mortgage rates makes now a great time to purchase a home, but the mortgage market can turn on a dime, and pressure on the Fed to raise rates and the incoming Trump administration are throwing some variables into … Continue reading
Financial savvy is hardly the first thing that most of us think about when we think of the Amish. Known for their rejection of technology and their simple, down-to-earth lifestyle, many may find it hard to believe that their philosophy … Continue reading
For many homeowners and aspiring homebuyers, assessing the cost of a mortgage can sometimes feel confusing or overwhelming. However, taking mortgage expenditures into account often requires a greater context. Did you know that the world’s most expensive steak actually costs … Continue reading
One problem facing buyers in the current market is the lack of available inventory. Sellers continue to bide their time. However, buyers do not need to miss out on low interest rates or the ability to purchase in their target … Continue reading
TaxSmart is a Mortgage Credit Certificate (MCC) program that provides a federal income tax credit to qualified homebuyers. A tax credit is a direct reduction of taxes due. Under the program, a homebuyer would receive a MCC to reduce income … Continue reading
In order to maintain the absolute best credit score make sure to set your bills on auto pay for the minimum payment. This way when you are out of town you won’t miss a payment! Listen to Bill Moller … Continue reading