The Advantages of a 15-Year Mortgage

The Advantages of a 15-Year Mortgage

A mortgage is one of the most significant financial commitments that many people will make in their lifetime. The duration of the loan is a critical factor to think about when deciding on a mortgage. One popular choice is the 15-year mortgage. This option offers...
Top 4 Mortgage Misconceptions Debunked

Top 4 Mortgage Misconceptions Debunked

These four mortgage myths can deter potential home buyers or lead them to make less advantageous decisions. That's why it's crucial to debunk these myths around the requirements for a home loan and shed light on the realities of the mortgage process. This insight...
Mortgage Insurance Explained: PMI vs. MIP

Mortgage Insurance Explained: PMI vs. MIP

Lenders need insurance too. Lenders protect themselves against the risk of a loan default with mortgage insurance, allowing them to offer loans to borrowers who may be considered higher risk. Below, we will explore the different types of mortgage insurance, how it...