As a first-time homebuyer, there may be many mortgage terms that sound foreign to you. For example, when you start looking at interest rates offered by lenders, they will often be accompanied by a number of “points” or “origination fees.” What are these e
Dec 15, 2021 | Purchasing a Home
With U.S. home prices have jumped 20 percent in the past year, it is becoming increasingly harder for many Americans to buy a home on their own. To be able to break into the housing market, more and more buyers are going in together with siblings or paren
Dec 08, 2021 |
Before you are allowed to sign on the dotted line for a mortgage loan, your lender will require you to have homeowners insurance. This type of insurance protects your property (and the things inside) against damage and loss. It basically provides enough c
Dec 01, 2021 | Purchasing a Home
We would like you to know how much you mean to us!Thank you for your continued support of our business; it’s always a pleasure to help you and your family with your mortgage financing needs.All of us at Value Mortgage *Not a real mortgage company would li
Nov 24, 2021 |
The typical mortgage loan lasts 30 years and is amortized equally over that entire period, so that the borrower makes consistent payments, including both interest and principal. The last payment pays off the loan. However, there is a type of loan called a
Nov 17, 2021 | Refinancing a Home
When you find the right home to buy, you make an offer, put down a deposit once your offer is accepted and you sign a sales contract. Then you move on to inspections and financing. Pretty straightforward. But what if something goes wrong during the closin
Nov 10, 2021 | Purchasing a Home