Conventional Mortgage Loan
What is a conventional mortgage loan? This is the kind of loan that is not guaranteed or insured by the government, and instead, it will be the borrower who will…
Is reverse mortgage for you?
62 years old and above? Good news because you can avail of a reverse mortgage to help you cope with the current financial crisis brought by the COVID-19 pandemic. But…
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? …
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…
Construction Loan vs. Mortgage
Is a construction loan different than a mortgage? Yes, they are different. Simply, a construction loan is short term. This is the kind of loan you take out to construct…
What is a second mortgage loan
Have you been thinking of getting yourself a second mortgage? What is it and what are the things you need to know because signing on the dotted line. A second…