Lower Your Mortgage Payment

Mortgage Payment

𝐌𝐔𝐒𝐓-𝐑𝐄𝐀𝐃 𝐢𝐟 𝐲𝐨𝐮𝐫 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐫𝐚𝐭𝐞 𝐢𝐬 𝐡𝐢𝐠𝐡𝐞𝐫 𝐭𝐡𝐚𝐧 𝟑%. What if breaking your current mortgage will save you money (𝘢 𝘭𝘰𝘵 𝘰𝘧 𝘮𝘰𝘯𝘦𝘺)? Even when you include the pre-payment penalty. When interest rates fall, breaking your existing mortgage and renegotiating a new one at a lower interest rate can save you thousands of dollars. 𝐇𝐞𝐫𝐞’𝐬 […]

Mortgage Myth Busters

Mortgage Myth Busters

Buying a home is an important decision. I’m here to provide guidance and knowledge to help you plan for a secure financial future through homeownership. With that in mind, here are a few myths about mortgages that are important to understand. Mortgage Myth #1… My bank will give me the best mortgage rate Banks profit […]

What is a Mortgage Interest Adjustment?

Interest Adjustment Payment

You pay an interest adjustment amount on your mortgage when the closing date doesn’t fall on the first day of the month. If this is the case, home buyers have to factor into their closing costs an interest adjustment payment. On your closing date, your lender advances your mortgage, but regular interest doesn’t start accruing […]

Cash Back Mortgage

What is a cash back mortgage?  With a cash back mortgage, you receive a lump sum cash rebate when your mortgage closes. You can use the money to furnish your home, pay off debt or fill your savings account for a rainy day. How much will it cost? Interest rates are slightly higher on a […]

Mortgage Features to Consider

Mortgage Features

You cannot compare apples to apples when it comes to mortgage lending. With a large variety of mortgage products to choose from in today’s market, you need to know exactly what mortgage features they include and what you are willing to pay for in rate. To put this in perspective, would you walk into a […]

Mortgage Interest Rates Are at an All-time Low

Interest rates are at an all time low.

You are probably thinking to yourself that you have heard this song and dance before. But this time it is more accurate than ever. With interest rates being at an all-time low, it makes for the perfect opportunity to buy a property and maximize your savings. Whether you are a first time home buyer or […]