The Three Biggest Steps Toward Saving for a Down Payment The down payment on a mortgage can be one of the biggest hurdles in the journey to homeownership. It is important to have funds available for a sizable down payment (20% or higher), as this will allow you to forego paying monthly private mortgage insurance. Overall, the equation

  Credit issues? The non-QM loan could be for you After the housing crisis, the Dodd-Frank Act ushered in regulatory reform for the minimum standards for mortgage lending practices. Part of this regulation provides protection to lenders from losses, so long as the lenders sell mortgages that comply with the standards set by the Consumer Financial Protection Bureau. It’s a

  New Year, New Home! Should you gift your family a home for the New Year? This may be the best option for you. The holidays can be expensive and busy enough without purchasing a new house and setting up a mortgage. Cue the New Year.

  Closing Costs Breakdown The numbers involved with the closing of a home loan can be daunting. We’re here to explain the fees and longterm payments that come along with closing a mortgage.

  Protecting your home for Thanksgiving Thanksgiving is a time for people to gather and celebrate everything good in life: food, friends, and family. Thanksgiving is it also brings forth a risk for your home’s security.