What You Need to Know About Escrow Accounts

What You Need to Know About Escrow Accounts Whether you're a longtime homeowner or a newbie, don't forget to monitor your escrow account if your lender required one when you took out your mortgage. You want to avoid any pitfalls since it's still your money (and your home!). Here's a rundown of why y

VA Loans Help Military Homebuyers

VA loans are a great loan option for those who have served our country. These loans backed by the U.S. Department of Veterans Affairs, provide an affordable way for many military families to own their own home – and a way to say thank you for your service! Active-duty service members, veterans and s

Should You Use 401 (k) Money for a Down Payment?

Did you know that you can borrow money to buy a home from yourself if you have a 401 (k) plan? Getting a 401 (k) loan is one way to get additional money toward a down payment.  It’s a lump sum of money that is already yours -- not the bank’s, not mom and dad’s, and not anyone else’s! It’s understand

How to Get the Best Interest Rate for YOU

When it comes to getting a mortgage, it’s easy to focus on the interest rate.  But, if you only focus on the interest rate, you might be missing some “hidden” fees that makes getting that interest rate more expensive.   That sounds counterproductive but it isn’t. Several factors will help create the