MORTGAGE BLOG

How to Effectively Budget for Your First Home

Blog posted On February 28, 2025

Buying a home is an important decision, one of the biggest an adult can make. Everyone deserves a roof over their head, a happy house to come home to after a long day at work. We’re here to provide some handy tips and tricks for budgeting for your new mortgage, especially if you’re a first-time buyer. Every hopeful homeowner has to start somewhere, so why don’t we dive into some easy strategies, step-by-step, to get you started?

The Importance of an Emergency Fund When Planning on Buying a Home

Blog posted On December 05, 2024

If you’re looking to buy a home, do you have an emergency fund? And if you’re like many prospective first-time home buyers, this question may have sent a chill of anxiety down your spine. You’re not alone. This is a big financial regret for Gen Zers and Millennials; according to CNBC, “not saving enough for emergencies ranks at the top of their lists.” But don’t worry! We’re here to provide you with helpful information about emergency funds and calm any homeowning anxieties you may have, ensuring that your homeownership journey is a successful one.

Homeowners Are Cashing In: Exploring the Recent Home Equity Boom

Blog posted On October 24, 2024

Recently, growing numbers of homeowners have been taking advantage of their home equity. Due to home values soaring, many are starting to understand the importance of dipping into the equity they’ve built up over the years.

5 Tips on How to Financially Prepare for a Home Loan

Blog posted On June 28, 2024

Are you ready to purchase your first home, but overwhelmed with where to begin? The way to set yourself up for success for the home buying process is to consider preparing your finances and getting into the best financial shape possible before applying for a home loan. Let’s walk through some helpful tips to help the process go as smoothly and stress-free as possible.

Qualifying for a Mortgage with Student Debt

Blog posted On June 30, 2023

The dream of homeownership may seem out of reach to those holding on to student debt. But, with careful planning and a clear understanding of the factors involved, it is possible to secure a mortgage while managing student loan obligations. There are some key strategies and tips you’ll want to keep in mind to help you qualify for a mortgage with student debt.

Benefits of Taking Out a HELOC

Blog posted On February 03, 2022

Charging expenses to your credit card may seem easy, but it can cost you more in the long run.  Credit card interest rates are typically much higher than mortgage rates and maxing out lines of credit can be bad for your credit score. A good alternative to using your credit card is getting a Home Equity Line of Credit, or HELOC.

When to Not Pay Off Your Mortgage Early

Blog posted On July 01, 2021

If you had to choose between paying a mortgage and being mortgage-free, most of us would opt for the latter. Being free of monthly mortgage payments sounds ideal, but there are a few factors to consider before you start making extra payments.

When to Not Pay Off Your Mortgage Early

Blog posted On July 01, 2021

If you had to choose between paying a mortgage and being mortgage-free, most of us would opt for the latter. Being free of monthly mortgage payments sounds ideal, but there are a few factors to consider before you start making extra payments.

Money Moves to Make When Interest Rates Are Low

Blog posted On May 05, 2021

Last week the Federal Open Market Committee (FOMC) voted to leave the benchmark interest rate near zero. Consequently, the cost of borrowing will remain relatively favorable for consumers. If you’re thinking about how to take advantage of low rates, now is the time. Don’t know where to start? Here are two ways you can take advantage of interest rates while they’re still low.