Tag Archives: Mortgage

Make 2018 the Year You Escape the ‘Rental Trap’ by Buying Your Own Home

Are you growing tired of paying rent each month and not building your net worth? Being stuck in the 'rental trap' isn't much fun, but if you are determined, you can break out. Let's explore some of the steps that you can take to make 2018 the year that you become a homeowner.

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Graduating With Student Loan Debt and Worried About Your Mortgage Prospects? You’re Not Alone

Did you recently graduate from college or university? If so, you may still be dealing with a financial hangover in the form of student loan debt. The vast majority of today's students have to borrow to invest in their education, which can affect financial plans once school is finished. In today's post, we will explore buying a home with a mortgage when still dealing with outstanding student loan debt.

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Four Pieces of Mortgage ‘Advice’ That You Should Take With the Proverbial Grain of Salt

Are you in the market for a new home? If you have been talking to friends and family or researching online, you have likely come across quite a bit of mortgage-related advice. As with anything, there is low-quality advice out there which is essential to avoid. In today's blog post we will share four pieces of mortgage-related advice that you should take with the proverbial 'grain of salt.'

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3 Ways That a Reverse Mortgage Can Transform Your Retirement

Are you a retired individual looking for ways to increase your financial security? If so, you may have heard of a home equity conversion mortgage, more commonly known as a reverse mortgage. Used correctly, this is one of the most effective financial products for retirees who own their home.

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Single and Considering a New Home? Here’s What You’ll Need to Know About Your Mortgage

Have you decided that it is time to move on from renting? If you are single and living alone, you may be wondering whether or not homeownership is right for you. Let's have a look at a few key factors that you will need to be aware of when taking out a mortgage as a single person.

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Taking Out a Mortgage for the First Time? Learn Why a Condo Might Be a Great First Home

Are you starting to tire of paying your monthly rent to someone and never building any equity? Renting forever can be a significant pain, especially as you're contributing to someone else's financial well-being. The good news is that there are affordable real estate options out there for those investing in their first home. Below we will share a few excellent reasons why an apartment or condo might be the best choice for a first-time home buyer.

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Mortgage 101: How Interest-Only Mortgages Work and Why They’re A Good Solution for Some Buyers

Whether you're a first-time homebuyer or an experienced real estate investor, if you are planning to borrow funds to buy a home you will want to choose the right mortgage product. In today's blog post we'll explore how interest-only mortgages work and why they're the perfect choice for some homebuyers.

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62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You

Are you and your spouse starting to move into your retirement years? If so, you already know that you are going to need a solid financial plan for when your primary sources of income are no longer bringing money in. If you have invested in your retirement, you might be all set. However, what if your house makes up the majority of your net worth?

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Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount

Are you making an offer on a new home in a hot housing market? If so, one possibility is that you are going to end up bidding against other buyers who are looking to buy the same home. Unfortunately, in some cases bidding wars are inevitable, and they can be a significant source of stress. Let's take a look at three ways that you can win a bidding war without having to spend more than you can afford.

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