Tag Archive: 'mortgage'

House key on a wooden table

Primary Categories of Buydown Mortgages

Most people fear the long-term financial responsibility of a mortgage. There are however various options which enable you to afford the home of your dreams without a substantial financial burden. A buydown mortgage, for instance, requires a large upfront payment and small monthly repayments. The upfront payment is made as a purchase of discount points […]

Mortgage Rate Comparison and How to Do Them

There are a lot of things to consider before signing and closing your mortgage deal. One of the most important things to always keep in mind is to learn to compare mortgage rates. But, with all the different mortgage types available in the market today, it can be truly challenging to compare mortgages from two […]

Home Loan Advice for First-Time Homebuyers

If you’re thinking of buying your first home by getting a mortgage, it’s best to do your homework to avoid costly mistakes and hurdles in the future. Being prepared can set you up for success by helping you navigate the whole process easier. Housing loan experts from Wasatch Peaks Credit Union in Ogden, Utah shares a few […]

A conceptual look at variable mortgage rates

Top Considerations When Thinking of Paying Off Your Mortgage Early

It might seem like a good idea to pay off your mortgage earlier than expected if you’re looking to save money on paying interest. Depending on the size of your home loan, you can possibly save hundreds to thousands of dollars in interest. If you’re leaning towards this approach, consider the following to avoid costly […]

Proving Your Creditworthiness When Applying for a Mortgage

To become eligible for a mortgage loan, you must prove beyond that you’re a creditworthy borrower. In this case, you need to raise a substantial amount for the home deposit and have a good credit score. Closing the deal on your dream house is a satisfying experience. You will join the 62.7 percent of Americans who own the […]

What to Do If You Have Underwater Mortgage

Finding yourself deep in mortgage debt is one of the most unpleasant situations in life. You’ve probably thought about taking out a second mortgage, or checking out the HARP loan program, or even filing for bankruptcy. However, Primary Residential Mortgage, Inc. will be the first to tell you that these are all dreadful things to […]