Buying House From Parents Below Market Value
In the past few years there’s been lots of talk online about how to create multi-generational wealth We see this a lot with ultra-wealthy families — think Rockefeller, Carnegie, and Rothschild... more
When is My First Mortgage Payment Due After Closing?
One of the first questions new homeowners ask is when is my first mortgage payment due Let us help with that! Your first mortgage payment is due on the first day of the second month that follows your... more
Types of Home Loans for First-Time Buyers
For first-time home buyers, there are five different types of home loans that are most popular These five loans give first-time buyers some options to choose from: These five types of home loans can... more
Millennial’s Mortgage Guide for First Time Home Buyers
Introduction If you have ever looked into buying your first home, or indeed, if you know anyone who has bought a home, it is likely that you have come across the term ‘mortgage’ Now, you may... more
Do you Keep All the Money When You Sell a House?
When you sell a house, you have to first pay any remaining amount on your loan, the real estate agent you used to sell the house, and any fees or taxes you might have incurred After that, the... more
How to Use Home Equity to Build Wealth
Home equity is typically the greatest asset that many American families have, and yet, many families are unaware of all the opportunities to leverage that equity to build wealth If used properly,... more
How to Lower My Debt to Income Ratio (DTI) as a Homeowner
Your debt-to-income ratio (DTI) is one of the most important figures that will determine how much home you can afford It measures the amount of your monthly debt payments against your monthly income... more
How Often Can You Refinance Your Home?
If you are a homeowner and looking to take money out, you may be wondering how often can you refinance your home The answer may surprise you: there’s no legal limit that restricts how often you can... more
Can I Refinance My Mortgage With the Same Lender?
If you are considering refinancing your home’s mortgage, one of the questions that you may have is whether you can refinance your mortgage with the same lender you are already using or whether... more
Reverse Mortgage Pros and Cons: We Cover the Good, the Bad, and the Surprises!
If you are near retirement age and need additional cash, a reverse mortgage loan can be a useful financial tool to increase your monthly income You’ll need to meet a few requirements such as being... more
