In this blog series, we simplify common mortgage terms and explain them in 300 words or less.

In 300 Words or Less: What is a “good” credit score?

The Making of a "Good" Credit Score Everyone is acutely aware – some of us more than others – what having bad credit can do to your financial life. From increasing interest rates on loans or credit cards, to upping insurance costs, and even trouble getting a new cell phone contract, the effects are far-reaching. [...]

By |2018-03-01T22:26:36+00:00February 8th, 2016|300 Words or Less, First Time Home Buyers|0 Comments

In 300 Words or Less: What is a “Cash Out” Refinance?

Is a "Cash Out" Refinance Right for You? There are a number of different refinancing options available to homeowners. Some popular ones are: 15 and 30 year mortgage refinances, cash-in refinancing, short refinancing, and lastly, cash out refinancing. Cash Out Refinancing is a great way to access money you have tied up in your mortgage [...]

By |2018-03-01T21:57:59+00:00February 1st, 2016|300 Words or Less, Front Page, Refinancing|0 Comments

In 300 Words or Less: What is Home Equity?

Home Equity As you consider buying your first home and start the research process, you will likely come across the term “equity” used a lot. It is a frequently cited reason to buy a home, and mentioned along with words like “wealth,” and “financial freedom.” So, we know equity is a good thing; but what [...]

By |2018-03-07T23:34:35+00:00January 18th, 2016|300 Words or Less, Mortgage|0 Comments