Most people shop for a home before they shop for a mortgage. But, really, first you need to know how much of a mortgage you can afford, and then look for a home that can qualify for the mortgage you can afford. Consequently, it’s best to pre-qualify for a home mortgage before you start looking seriously at houses, let alone make an offer on one.
Mortgages come in many variations, with a number of different options, so you should consult a lending professional to help you choose the right loan for your personal circumstances. Here’s a quick overview of two common types of mortgage loans... READ MORE
Basics Homeowners Insurance – You need to secure homeowner’s insurance in order to get a loan to buy a house. But a homeowner’s policy can covers more than just the structure itself. READ MORE