When you are mortgage shopping, you’re often confronted with a confusing array of rates, terms, lending criteria and on and on. One of those options is the term of the loan. Both 15-year mortgages and 30-year mortgages have their own set of pros and … [Read more...]
Why are Homebuyer Education Courses so Important?
It’s safe to say that the homebuying process is considerably more complex than leasing or renting an apartment, home, or studio. Owning your home requires a long-term financial commitment and heavy responsibilities. Fortunately, … [Read more...]
When to Refinance Your Mortgage
With interest rates falling, homeowners are often tempted to refinance their current mortgage, hoping to take advantage of the lower rate and saving money. But the interest rate is only one factor in considering a refinance. It’s important … [Read more...]
Do You Need a Jumbo Loan in Ohio?
If you are shopping for a home in Ohio, the amount you need to borrow to finance your purchase will either fall above or below the conforming loan limits set by Fannie Mae and Freddie Mac. If you are borrowing under the conforming loan limit, you … [Read more...]
