Mortgage interest deduction Should you get a mortgage cosigner?

In all likelihood, your mortgage is the largest loan you’ll take out in your lifetime. Most Americans spend decades paying off their mortgage — and that means racking up a ton of interest. The good news is there s a tax deduction that can make your life a little easier. The mortgage interest deduction reduces […]

How to Finance Rental Property

Rental properties encompass many different types of real estate investments. With a rental investment you could create: A Short-term Airbnb type of rental A Long-term traditional rental for a single-family home An ADU for an existing piece of property A Multi-family rental, renting out the main house and basement The great thing is that there […]

credit score to buy a house

Article Summary The minimum credit score to qualify for a home loan depends on the mortgage program you use. VA home loans don’t have a minimum credit. If you’re looking for a conventional mortgage, you need a credit score of at least 620. The minimum credit score to apply for an FHA mortgage is 500, […]

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 […]

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 […]

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 […]