When to Refinance

When Refinancing Makes Sense

Last Updated: April 17, 2020 One good thing about having expensive debt is the possibility of converting your current loans to a better one. While refinancing may potentially save you money, it can backfire if done incorrectly. Knowing how, and when, to refinance is just as important as refinancing itself. How Refinancing Works Refinancing is Read more

Home Buyers Guide

Home Buyers Guide

Last Updated: February 24, 2021 Our Home Buyers Guide 2021 will assist you in your home buying process from beginning to end. Find the answers to all your questions. Buying a Home: Is It Right for Everyone? Buying a home is one of the biggest purchases you will ever make. It’s part of the American Read more

Home Equity Line of Credit

HELOC to Pay off Your Mortgage

HELOC Strategy to Pay Off Mortgage HELOC’s Strategy to pay off the mortgage faster seems like an intriguing idea where you can float the banks’ money. This method works with any revolving credit. It has many fancy names, like Velocity Banking or Accelerated Banking. It does work but carries so much complexity and risk that Read more

Home Calculators

Purchasing a home shouldn’t be a spontaneous decision. You need to figure out how much home you can afford and how much it will cost you to own it. Use our free online Home Calculators to be smart in your home buying process.

Refinancing a Mortgage

Refinancing Mortgage During Covid-19 The idea is simple you find a better interest rate than what you are paying, you refinance your mortgage with this lower debt, your monthly payment goes down, and perhaps total interest costs. There are two major pitfalls to this strategy: transaction costs and maintaining the same loan term. Overview Pitfalls Read more

True Cost of Owning a Home

Pay off Mortgage vs. Invest

Pay off Debt vs. Invest: Investor Mindset, Emotions, and Math There is a straightforward mathematical answer to this question, yet it is one of the most commonly debated topics. If you follow Dave Ramsey, he puts great emphasis on paying down the mortgage, but only after that you can start saving 15% and it works Read more

Rent vs. Buy Home Calculations

Rent vs. Buy Home The decision to buy or rent a home is not one to be taken lightly. It will affect your lifestyle and your savings. A home is one of the largest purchases most of us will make in our lifetime. It’s no wonder that the conversation around buying vs. renting a home Read more

Home Insurance

Homeowners Insurance: What It Is and How It Works

Last Updated: April 27, 2020 Homeowners insurance has suffered from the unfortunate misconception that it is a luxury reserved for the rich. The truth is it’s a necessity that we should all make space for in our budget. Should your home be damaged, home insurance can restore it. If your possessions are stolen or destroyed, Read more

Mortgage FAQ

Mortgage FAQ

Last Updated: April 20, 2020 Our Mortgage FAQ will help you clear up all your home purchase questions. I. Mortgage FAQ: General Information 1. What is a mortgage, and how does it work? A mortgage is money borrowed from a financial institution (like a bank, or online lender) to buy a home. Like most other Read more