We’ve been getting a lot of questions lately about reverse mortgages. Our recent blog post is a great resource for presenting the essential features of a reverse. The purpose of this article is to boil-down the most important lifestyle factors to consider when evaluating a reverse mortgage.
READ MOREWe're at a really interesting time right now. Most people who have a mortgage on their home have an interest rate that is much lower than what is available on the market today. People are proud of their low interest rates and they want to hold on to them as long as possible.
READ MOREIn this post, we’re talking about reverse mortgages versus selling your home.
It might not be an obvious question to ask, but we’ve been talking with a lot of homeowners who are weighing their options between the two and we figured it was the right time to address this in a podcast and blog post.
READ MOREIn this post, we're talking about purchasing a manufactured home. In the hot purchase market we’re currently in, it’s a great time to talk about manufactured housing options. We've seen a big increase in our buyers pursuing manufactured homes recently. These include:
READ MOREIn this post, we’re talking about reverse mortgages. We’re going to go over the requirements for reverse mortgages, the pros and cons, and we’ll cover some common myths and clear up some understandings that some people commonly have about them.
READ MOREIn this post, we’re looking at DSCR loans, which we think is one of the best alternatives to hard money loans.
READ MOREIn this post, we’re going to dive into a topic that we’ll probably be talking about for a while. Will a recession happen? Now, there are signs that one will probably occur. But how will home prices respond?
To give us a sense of this, let’s take a look at the Median Sales Prices of Houses sold in the U.S. over the last 45 years.
READ MOREWhat type of mortgage is best for me? There’s a lot of options out there, and it can be easy to get overwhelmed. This post is meant to help you navigate the complex world of loan programs when purchasing a home. As always, if you have any questions while reading, feel free to stop and give us a call at (602) 535-2171. We’re happy to answer any questions you have.
READ MOREThis is a question we get a lot. So, we figured it’d be good to do a podcast and a post to get you oriented when you start trying to sort out how to get a mortgage if you have student loans. As always, feel free to give us a call at (602)-535-2171. You’re more than welcome to skip the post and get right to asking us for help. Let’s dive in.
READ MOREAn Adjustable Rate Mortgage’s interest rate changes after the fixed period expires. Typically, ARMs are 30-years loans, meaning that you’ll pay back the money you borrowed over the span of 30 years. At the beginning of the loan, you’ll start with a lower rate than average mortgage interest rates. The low rate will stay the same for a period of time, commonly 5, 7, or 10 years. After the fixed-rate period ends, your interest rate will adjust up or down based on an index.
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