VA loans and mortgage insurance
Are you in the market for a mortgage for your home? You might want to consider getting a VA loan. Why should I think about getting a VA mortgage? …
Home insurance vs. mortgage insurance
How does home insurance work with a mortgage? You may be confused with all the financial jargon that lenders tell you, so allow us to help you simplify the terms.…
MPI – should you get it?
MPI, or mortgage protection insurance. Is it a necessity or just an additional burden for you? Before we move forward, what is MPI? Mortgage protection insurance is a safeguard for…
First time home buyer mortgage calculator
So this is your first time to buy a home. Congratulations! This is a big step, and you are doing a great job of taking this step towards owning your…
Home mortgage interest deduction
In the midst of the COVID-19 pandemic, many homeowners wonder if they can avail of some mortgage interest deduction. What is a mortgage interest deduction? This kind of deduction is…
Construction loan to mortgage
How do you convert your construction loan to a mortgage? Now that you are almost finished building your dream home, suddenly you find yourself in a financial jam, and it…
Paper cutout of family with house and car on fresh grass. Life insurance concept
Construction loan as mortgage?
Is a construction loan considered a mortgage? The short answer is no. A construction loan is different from a mortgage but there is a way to make this as one…
Construction Loan vs. Mortgage
Is a construction loan different than a mortgage? Yes, they are different. Simply, a construction loan is short term. This is the kind of loan you take out to construct…