In order to achieve the dream of homeownership, many buyers look for creative financing to aid them in their quest. One such option is a piggyback mortgage, which actually involves taking out two separate loans to make homeownership more affordable. These
Houses are expensive. In addition to the mortgage, insurance, garbage, electricity, lawn maintenance, HOA’s, repair and upkeep, a home can take a large part of your paycheck. However, it is an excellent long-term investment. While it seems like you
Houses are expensive. In addition to the mortgage, insurance, garbage, electricity, lawn maintenance, HOA’s, repair and upkeep, a home can take a large part of your paycheck. However, it is an excellent long-term investment. While it seems like you
What you need to know about HOA fees… If you are thinking of buying a condominium or a home that is part of a planned community, you have likely come across the term “homeowners’ association” or HOA. In short, the HOA is a coalit
When you are in the market for a mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an adjustable rate mortgage (ARM). Both can be beneficial, depending on your situation. Learning the difference bet
If you are buying a home or refinancing, you have probably heard about “mortgage points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circumstances is not worth the upfront cost. Ho