Home prices are up. Rent or buy?
Home prices are rising, and this is a good time to be a homeowner. It has been about 10 years now since the price has bottomed out. So if you…
Will Housing Prices Crash Soon?
This COVID pandemic has put everybody's lives and businesses upside down. The news has been telling us that we are not only battling the health issues brought about by COVID-19,…
What is cash out mortgage
What is cash-out refinance? Imagine that you owe somebody $1,000. You want to take out another loan, and you want to have extra cash for another project, so you take…
VA loans and mortgage insurance
Are you in the market for a mortgage for your home? You might want to consider getting a VA loan. Why should I think about getting a VA mortgage? …
Home insurance vs. mortgage insurance
How does home insurance work with a mortgage? You may be confused with all the financial jargon that lenders tell you, so allow us to help you simplify the terms.…
MPI – should you get it?
MPI, or mortgage protection insurance. Is it a necessity or just an additional burden for you? Before we move forward, what is MPI? Mortgage protection insurance is a safeguard for…
First time home buyer mortgage calculator
So this is your first time to buy a home. Congratulations! This is a big step, and you are doing a great job of taking this step towards owning your…
Home mortgage interest deduction
In the midst of the COVID-19 pandemic, many homeowners wonder if they can avail of some mortgage interest deduction. What is a mortgage interest deduction? This kind of deduction is…
Construction loan to mortgage
How do you convert your construction loan to a mortgage? Now that you are almost finished building your dream home, suddenly you find yourself in a financial jam, and it…
Paper cutout of family with house and car on fresh grass. Life insurance concept
Construction loan as mortgage?
Is a construction loan considered a mortgage? The short answer is no. A construction loan is different from a mortgage but there is a way to make this as one…