Mortgage Articles

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Time to start thinking about adjustable-rate mortgages again?
Mortgage

Time to start thinking about adjustable-rate mortgages again?

Does an adjustable-rate mortgage, better known as an ARM, look more attractive to you today? You're not alone. The low mortgage rates that come with an ARM loan today are making these alternate mortgage products seem more attractive to a growing number of borrowers.

Dan Rafter
2 years ago
How much is your home worth? Finding the answer
Mortgage

How much is your home worth? Finding the answer

How much is your home worth? Wondering about your home’s value can just be a curiosity to see if it's recovered from the housing crash of 2008, or how your home is keeping up with house prices in the area, or can be an immediate need to help you set a price to sell it.

Dan Rafter
3 years ago
Cash-out refinance may still be deductible in some situations
Mortgage

Cash-out refinance may still be deductible in some situations

Need to find a big chunk of change to cover that major kitchen remodel? Need dollars to fund the addition of a master bedroom suite? The recent changes to the tax laws have made big changes in the deductions you can take for interest paid on home loans – but a cash-out refinance for home improvements might still be an option.

Kirk Haverkamp
3 years ago
Pros and cons of automatic mortgage payments
Mortgage

Pros and cons of automatic mortgage payments

Automatic payments, or autopay, can be a smart way to “set it and forget it” and pay your bills each month without doing much work. The automatic withdrawals from your bank account can be set up to pay for internet services, subscriptions, phone, credit card bills and even mortgage payments.

Kara  Johnson
3 years ago
A mortgage forbearance can help you weather a disaster
Mortgage

A mortgage forbearance can help you weather a disaster

Calling your insurance agent after your home has been destroyed in a fire, hurricane or other natural disaster is likely to be one of the first calls you’ll make after letting your family know you’re safe. Your next call should be to your mortgage lender - to inform them of the loss and perhaps to inquire about a mortgage forbearance.

Kirk Haverkamp
3 years ago
What to Know Before Co-Signing a Mortgage
Mortgage

What to Know Before Co-Signing a Mortgage

If you thought qualifying for a home loan was difficult, you’re not alone. Almost a quarter of all home buyers need help from friends and family as co-signers on a mortgage to qualify for a home loan, according to a recent report.

Kara  Johnson
3 years ago