Thousands of Americans go through divorce every year. Sometimes, getting divorced is the best way for two individuals to move forward with their lives. However, it can also be emotionally and financially draining.  Usually, one party ends up keeping the home and the...

COVID-19 has left a prominent mark on the mortgage industry. According to the Mortgage Bankers Association, the Refinance Index reached its highest level in ten years. This highlights coronavirus's significant impact on home refinance loans. Unfortunately, there has...

Did you know that approximately 80% of Americans have debt? Good debt can help build wealth or increase creditworthiness over time. Bad debt, on the other hand, does nothing to improve your financial situation and can become a major burden, especially if there’s high...

Mortgage forbearance is a special agreement that temporarily stops or reduces the amount of money you need to pay for your mortgage. While this can make a huge difference, it's important to note that this isn't permanent; you'll have to make up these payments at the...

Everyone is looking to save money. If you are in a difficult place financially, lowering your monthly mortgage payment can provide a huge relief. If this sounds like your situation, you may want to consider refinancing your home to give you that extra breathing room....

When the pandemic struck full force in 2020, millions of Americans lost their jobs and suddenly became unable to pay their mortgage. Fortunately, the government stepped in and the CARES Act provided mortgage forbearance to any homeowner with a federally-backed...

Because mortgage and interest rates are very low right now, many people are refinancing their homes. You may even be thinking, is this the time to invest in a second home elsewhere? A refinance loan, or a refi loan, may be able to help with the process of buying a...

There are several benefits to refinancing a mortgage for your home. One of the big ones is that it can give you the opportunity to lock down a lower interest rate. This, in turn, means that you’ll end up saving more money down the road.  At the same time, refinancing...

One of the best ways to add value to your home is to make a few simple improvements to your property. Unfortunately, the average renovation can cost as much as $46,812 and that means paying for your home improvements can feel like a challenge. While you can and should...

Do You Have to Be Current on Your Home Loan to Apply for a Refi? When you buy a house with a mortgage, you’re required to make monthly payments on that loan until it’s paid off. You’re locked into that interest rate for the life of the loan unless you refinance your...