Tag: Mortgage

Posted on 11/08/2024

What is a mortgage prepayment penalty?

Mortgage lenders make money primarily through interest...

Prepayment Penalty

Prepayment Penalties

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Posted on 05/03/2024

4 Quick 15-year mortgage types to consider

Mortgages can be a very flustering part of the homebuying...

15 Year Mortgage

Fixed Rate Mortgage

+ 4 more

Posted on 01/12/2024

Veteran Mortgage Relief Guide: Key Terms & Details

The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...

Mortgage

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Posted on 03/31/2023

Mortgage points: Your basic guide

Mortgage points can be a confusing topic, especially if...

Homebuyer

Homeowner

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Posted on 07/15/2022

15-year fixed mortgages: A quick guide

Prospective homebuyers and current homeowners know that a mortgage is likely to go hand-in-hand with your home, unless another arrangement has been made. However, there are many options available for those monthly mortgage payments, most commonly through 30-year fixed rate mortgages and 15-year fixed rate mortgages. Most know about the 30-year option, but what about the 15-year fixed...

15 Year Mortgage

Fixed Rate Mortgage

+ 3 more

Posted on 04/15/2022

30-Year mortgage rates: What payment options are available?

30-year mortgage rates are the norm among mortgage rates. Most options for monthly payments involve a fixed interest rate, while there are a few that may offer an adjustable rate mortgage for homebuyers searching for interest flexibility. However, some homeowners may want to repay their mortgage lenders faster than originally planned, while others may need more flexibility in...

30 Year Mortgage

Home Loans

+ 6 more