what is an escrow in real estate

Escrow & Mortgages: The Ultimate Guide What is escrow on a house? What is an escrow agreement in real estate? Why is an escrow agreement important in a mortgage? How much does escrow on a house cost? Find the best deal on your next home You may have heard people exclaim, “We’re in escrow!” when […]

credit score to buy a house

Want to buy a house, but not sure if your credit score is high enough? Well, we’ve got good news: there are programs which help people with less-than-perfect credit to buy a home. However, there are definitely benefits to having a good-to-great credit score. Read on to learn what you should know about credit scores […]

Mortgage Refinancing

How much mortgage do I qualify for? It’s a question all aspiring homeowners want to answer. With the median home listing price in the U.S. right around $280,000, you may wonder if it’s possible for you to become a homeowner. To find out, let’s take a look at how lenders determine a person’s maximum loan […]

Should you get a mortgage cosigner?

Your lease is ending, you’re looking to move to a larger home, or maybe you want to live closer to work. Regardless of why you’re moving, you’ve found the perfect home. But there’s bad news: your lender has told you that you don’t qualify for a mortgage. What can you do to make sure that […]

Invest or pay off your mortgage. Find out which one makes sense for you.

You’ve come into some extra money. Maybe a relative left you an inheritance, or your employer gave you a holiday bonus. Or maybe you’ve set up your budget to get you some extra savings each month. You want to use this extra cash to improve your financial situation. But what’s the best way to do […]

New American Funding review. Find out the pros and cons of New American Funding before you apply.

Founded in 2003, New American Funding is an independent mortgage lender that serves all U.S. states except Hawaii and New York. Its mission is to provide homeowners and future homeowners with a variety of home financing options at competitive rates. If you’re looking for a home financing solution, here’s what you need to know about New American […]

How to save money on mortgage closing costs

A home is probably the most expensive purchase you will make in your lifetime. Even relatively affordable houses cost hundreds of thousands of dollars, and mortgage loans can last decades. As such, choosing the right loan is an essential part of the home buying process. When comparing loans, people often look at the length of […]

Will Baby Boomers Trigger the Next Housing Bubble

With real estate prices rising for almost a decade, there has been much speculation on the next housing bubble popping. The last housing bubble didn’t end well, to put it mildly. There was a glut of housing available – so much so that lenders started giving mortgages (so-called “subprime mortgages”) to almost everyone who wanted to buy a […]