Purchase

If you are in the position to pay off your mortgage early, it is best first to ask your lender if there are any prepayment penalty charges. Most mortgage lenders charge a prepayment penalty when borrowers pay off their loan balance before the final payment's due date. Depending on how long the loan has been...

Are you interested in obtaining a mortgage on a house you currently own? It is possible to get a mortgage on your home. We’re here to help answer your questions. Knowing you can use your house as collateral for a loan is one thing. But what do you need to do to get the loan?...

Owning a home is a dream for many. However, purchasing one is a complex process. From making an offer to negotiating closing costs, the financial aspects of home-buying can be frustrating for even the savviest shopper.  However, one thing that shouldn't feel challenging should be figuring out the income you need to qualify for a...

Much about the home-buying process can be confusing. When you add mortgages to the mix, it can become even more challenging. From interest rates to closing costs, it can be tough to keep track of everything it takes to become a homeowner. Unfortunately, being prepared for everything is next to impossible, and sometimes life can...

Securing a mortgage may seem like an unattainable goal for individuals making $20,000 to $30,000 a year; however, the difficulty isn't necessarily true. While your income does play a role in a lender's decision-making process, there are many other factors that a lender considers before a mortgage is granted. To help you better understand how...

The news of plummeting interest rates has many Ohio individuals and families considering the purchase of a new home or refinancing their current property. This unpredictable and unexpected year has resulted in the lowest interest rates on record in the last 50 years. Will they stay that way? It’s hard to tell.  The worldwide pandemic...

Homeownership is one of the most significant financial choices that many people make. For Kentucky residents, achieving this dream is much easier than for residents in other areas. This is because Kentucky is known for being one of the most affordable states when it comes to house prices. On top of the affordability of homes,...