by Chuck Roach | Jul 11, 2024 | Chuck Roach, Home Buying, Loan Types, Refinancing
If you’re a homeowner looking to gain access to the equity you’ve built in your home, you’ve most likely heard about cash-out refinancing,* also commonly known as cash-out refi loans. These offer a useful way to access cash by refinancing your current mortgage. But...
by Anthony DiToma | Jul 11, 2024 | Anthony DiToma, FHA, Home Buying, Loan Types
When it comes to financing your new home, choosing the right mortgage is so important – FHA loans, Conventional mortgages, down payment assistance – there are several options to choose from. Each loan program has its own set of guidelines, benefits, and...
by Chris Brancato | May 12, 2024 | Chris Brancato, Loan Types, Marc Suits
Do’s DO bring a cashier’s check made out to the title company for your closing costs. You can bring a personal check to closing for $500 or less. DO notify us if your salary or other compensation has changed from what has been noted on your loan application....
by Marc Suits | May 2, 2024 | FHA, Loan Types, Marc Suits
When you look at Conventional loans vs. FHA loans, it can be difficult to know which one is ideal for you. You may be wondering, “What is the difference between Conventional and FHA home loans?” For new and experienced home buyers, the lending process can...
by Chuck Roach | Nov 14, 2023 | Chuck Roach, Loan Types
With a VA home loan, VA agrees to reimburse the private lender that provides your loan in the event of foreclosure. With this assurance, VA loans have no down payment and private mortgage insurance (PMI) requirements. Private lenders can also extend other more...
by Mark Dusza | Jan 16, 2023 | Home Buying, Loan Types, Mark Dusza
In this article, we will take a look at a second mortgage vs. a home equity loan, explain the similarities and differences and explore when you should choose one over the other. Article Contents: Is a Home Equity Loan the Same as a Second Mortgage? What Is a Second...