Is it smart to pay off your mortgage early? It certainly can be, in certain situations. In other scenarios, it may make more sense to put that money to work elsewhere, or to keep it in the bank. The advantages of paying off your mortgage early can be vast. You’ll save money in interest, build ...
The path to homeownership is right in front of you – you just need to take the first step of qualifying for a home loan! Luckily, our trusted loan advisors can help you with this. The steps to qualify for a home loan can be easily simplified once you have a reliable partner in your corner. So, ...
As you make the decision to move forward on your homeownership journey, you may be wondering about all of the costs involved in purchasing a home. In addition to your down payment, you will also need to plan for closing costs. What are Closing Costs? Closing costs are the extra expenses beyond the ...
Getting your ducks in a row when applying for a mortgage can seem daunting, but it doesn’t have to be! Lenders, underwriters and APM are here to help you determine what type of loan, including size, duration and other terms, are right for you. No one wants to see you get into a situation where a ...
It’s not feasible for most people to snap their fingers and – poof! – a 20 percent down payment appears. For some, saving for a down payment can be a long-term process. While there are many down payment assistance programs and loan options that can make the down payment a little easier to swallow, ...
Down payments are one of the most daunting parts of the homebuying process. We all know, it’s a lot of money! Thankfully, you don’t necessarily have to drain your savings to come up with the sum. There are a few other ways to secure a down payment, including gift funds, grants and down payment ...
Budgets are like diets…they’re difficult to stick to! Much like diets, however, putting in the hard work and short-term sacrifices can yield amazing results. Every penny counts when you’re working toward a home purchase – and that doesn’t stop once your budget is created. Here’s how to keep your ...
Have you been thinking about purchasing a home sometime this year? As you prepare for that exciting journey, you’ll want to check your credit score. Your credit score, often referred to as your FICO® score, is calculated using your credit history on file with the credit reporting agencies. No ...
Now that the holidays are behind us, it’s time for many to start budgeting to purchase a home this year. Here are a few tips to get your budget on track and get you on the road to home ownership. TIP 1: Get a clear picture of your finances. This is the starting point for budgeting to buy a home. If ...
Buying a home can be exciting. You know you want to buy a house, but where should you begin? The ideal place to begin the home buying process is with getting a pre-approval for a home loan. When you get preapproved for a loan, you will have more than just an estimate of how much home you can ...
