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A Step-by-Step Guide to Refinancing a Traditional Mortgage to a FHA Mortgage

by Lewin Harrison | Dec 8, 2022 | Home Mortgage Tips

Refinancing a mortgage can provide a homeowner with many benefits, and many are interested in refinancing their traditional mortgage into an FHA mortgage to take advantage of low interest rates. Depending on the specific circumstances, this step may lower the monthly...

What is a Reverse Mortgage and How Does It Work?

by Lewin Harrison | Sep 23, 2022 | Home Mortgage Tips

If you’ve recently considered your options for taking some of the equity out of your home you may have heard about reverse mortgage loans. If you meet the requirements for a reverse mortgage it can be an excellent way to tap into the value of your home, freeing...

Understanding the Principal Limit on a Reverse Mortgage and What Happens if You Reach It

by Lewin Harrison | Aug 18, 2022 | Home Mortgage Tips

If you’re considering applying for a reverse mortgage, you’ll want to ensure you understand certain critical factors. One such factor is the principal limit. The principal limit will have a strong influence on your finances, which is why you’ll need...

The Quick and Easy Guide to Understanding the Math Behind Your Mortgage Closing Costs

by Lewin Harrison | Jun 30, 2022 | Home Mortgage Tips

It’s amazing that in a year with extremely low mortgage rates being reported around the country, closing costs are up by as much as 6% from the previous year. Part of the reason for this is that the stricter regulations on loans have increased the costs to...

3 Reasons You Should Trust in a Mortgage Advisor Instead of Trying to Predict Rates

by Lewin Harrison | Jun 16, 2022 | Home Mortgage Tips

If the time has come to purchase a home and you’ve been perusing the real estate market, it’s possible you’ve also been considering the mortgage options that might work best for you. In the event that you’re already spending a lot of time...

Recent Posts

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  • Are Firefighter Mortgages Legit?
  • How Do I Know If It’s a Good Idea to Refinance My Mortgage?

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