The choice of which mortgage loan to go with starts with a simple question: fixed-rate or adjustable? There are many different terms, points and rates associated with each, but narrowing your search to a category can really simplify the process. Fixed-rate mortgages are the more traditional choice. You and a lender agree to a length of time (or term) and …
Private Mortgage Insurance – What You Need To Know
Whether you’re a long-time homeowner or you’ve just started shopping for your dream house, you’ve seen stacks of papers full of acronyms. Buried amid the dense undergrowth of legalese are three letters that could be costing you more than you think. PMI in a nutshell Close your eyes and imagine yourself as a venture capitalist, like those you may have …
Should I Get A New Or Used Car?
Can’t decided between a new or used car? Let us help break it down for you. New Auto Loan Generally speaking – It’s much easier to get a new auto loan than a used auto loan from a lender. This is because a lender looks at the value of the auto purchase because that vehicle is held as collateral. An …
Setting Yourself Up For Auto Loan Success
When shopping for a new car, it’s always too easy to let your emotions do the shopping. After all, you’ve been fantasizing about that red convertible for how long? For most people, a car is the most expensive purchase they’ll make aside from their house. So, keeping this sobering thought in mind is a solid step toward reining in those emotions. …