Jumbo mortgages: what they are and when you need one

Mortgages aren’t one-size-fits-all. Depending on how much financing you need or want for a home, your loan might be classified as a jumbo mortgage. This type of loan comes with unique requirements and benefits.

Mortgage Loan Limit

What mortgage loan limit increases mean for you

You may have seen our recent announcement that conforming and FHA loan limits are increasing for 2023. This is great news because it means that two of the most popular types of mortgages are now (or will soon be) available for bigger loan amounts. Higher limits allow homebuyers and homeowners to use these loans for ...

4 ways a home seller can lower your homebuying costs

When buying a home, one of your goals is to negotiate with the seller for the best possible deal. This was a difficult task during the red-hot real estate market of the past few years when competing buyers bid up home prices in many parts of the country. But now, with the housing market cooling ...

10WaysToGetABetterRate

10 ways to get a better rate on a mortgage

When you apply for a mortgage, your interest rate is one of the most important aspects of your loan. All other factors equal, the lower the rate you can get, the lower your monthly payments will be. Obtaining a great rate instead of a not-so-great one could save you tens of thousands of dollars over ...

The benefits of a shorter mortgage term

With mortgage rates having risen over the past year, more mortgage borrowers are exploring ways to reduce their interest costs. One of these options are shorter-term loans – loans that are schedule to be repaid in less time. While 30-year mortgages are most popular, shorter terms, such as 15-year mortgages, are also available. A shorter ...

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