Home Ownership

Mortgage insurance benefits the lender if a borrower with less than a 20% down payment defaults on their loan.  Most conventional mortgages ...

Debt-to-Income ratio is a tool that lenders use to qualify buyers for a mortgage and is an important factor in determining loan approval....

Mortgage assumptions have not been a practical matter for the last 30 years because mortgage rates have been on a steady decline.  Even if ...

Vacation home sales are up 44% year-over-year according to the National Association of REALTORS® based on sales during the July to September ...

Selling a home and buying a lower priced home that meets your current needs can be to your advantage in an "Up" market like the current one with low ...

Great information I just received from our Insurance Partner at Brightway Insurance,  Reinsurance – Insurance carriers must carry ...

Paying off your mortgage can provide peace of mind and is a worthy goal but is it the best thing for you to do at this time. Do you have higher ...

Homeowners receive a generous exclusion on the gain of their principal residence up to $250,000 for single taxpayers and $500,000 for married ...

The last two months of the new normal stay at home has led many homeowners to rethink the way they live in their home.  It has now become ...

Taking cash out of the equity of your home could be a legitimate way to fund a temporary cash crisis now or to have it on-hand if the need arises....

Everyone knows someone it has happened to or has heard a tragic story.  It could have been a fire, a flood, a burglary or some other ...

It is the way the property is used that determines the type of property it is, not what it looks like.  Based on the intent of the owner, ...

Home improvement loans provide a source of funds for owners to finance the improvements they want to make.  These are usually, personal ...

House-hacking refers to buying a multifamily property on an owner-occupied mortgage, living in one unit and renting the others.  If you're ...

Now that the standard deduction is increased to $12,200 for single taxpayers and $24,400 for married ones, many homeowners are better off with the ...

Reverse mortgage loans are like traditional mortgages that permits homeowners to borrow money using their home as collateral while retaining title to ...

The largest expenditure a buyer has when purchasing a home is the down payment which can range from zero for veterans or 3.5%, 5%, 10% and 20%....