If you’re thinking of renting out your home and becoming a landlord, there are several things to consider. While renting a home out could bring in some extra income to potentially cover…
Tag: Mortgage Basics
Your credit score is a tool that lenders use to measure the risk of doing business with you. Higher credit scores translate to lower risk for the lender, which generally means more…
As many homeowners know (and as many potential homeowners can guess), the nuts and bolts of calculating home prices and home values are a little complicated. Here’s one big factor: The…
Are you thinking about buying a home? Or how about refinancing your mortgage? If either applies to you, then there is a number you should know (and it’s not your credit score — though…
When shopping for a mortgage, borrowers are usually faced with two primary options: a fixed rate mortgage and an adjustable rate mortgage (ARM). But what is the difference between a fixed…
Refinancing your mortgage — taking out a new home loan to replace and pay off your old one — might sound like a daunting step. You probably have questions like, “Should I refinance?…
Buying a new home is exhilarating and rewarding, but it can also be a little stressful. After all, you’re making a big financial decision that includes how much you borrow and from…
Need to file an insurance claim for damage to your home? Follow these steps to get started. 1. Contact your homeowner’s insurance provider. Report the damage, determine your…