Buying your first home is at once exciting and scary. Making that kind of financial commitment is enough to make anyone light-headed. A home loan is not something you want to enter into lightly. You need to do the legwork and really think it through before you sign on the dotted line.
If you’re thinking about [...]
Ignorance is a poor excuse, and for the most part when you break a law the court isn’t terribly likely to care whether or not you claim to have known about the law to begin with. In the case of mortgage fraud, it’s even more obvious. You pretty much know when you’re lying about your [...]
Read More →While the specifics can certainly vary and while there are many new and innovative products in the home loan world today, the two most popular home loan types are both fixed rate mortgages. One is the 30-year mortgage, which is sort of the standard home loan that’s usually offered to new buyers. The other is [...]
Read More →So, you’ve made it almost all the way through the process. You’ve weeded through the myriad homes available, and you’ve found the one you want. You’ve set up your home loan, and the seller has accepted your offer. It’s a great place to be in.
Still, you need to make sure you’re pacing yourself, here. Making [...]
It’s a good problem to have. You’re ready to buy a new home, and you’ve got enough money saved up to purchase the home outright. You’re trying to decide whether you should pay cash for the home or whether you should get a home loan. This is the kind of financial decision that many folks [...]
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