Will Refinancing Save You Money? Posted on February 19, 2019 by JMCHood You want to refinance, but is it worth it? Did you know that it takes more than determining if you can get a lower rate? A… Read More
How Does GI Bill Assistance Affect your VA Loan? Posted on February 7, 2019 by JMCHood If you are a veteran that is eligible for the VA loan, you have flexible underwriting guidelines at your disposal. You can qualify for 100% financing… Read More
Don’t Fall for These Reverse Mortgage Pitfalls Posted on January 3, 2019 by JMCHood The reverse mortgage sounds like a dream come true. You can tap into your home’s equity and not have to make payments in your lifetime. The… Read More
Is the 30-Year Fixed rate Mortgage the Best Choice? Decide for Yourself Posted on September 14, 2018 by JMCHood If you are in the market for a mortgage, you probably automatically think of the 30-year fixed rate mortgage. That is usually the most popular choice…. Read More
Refinance Process: How to Lock in Your Mortgage Rate? Posted on July 19, 2018 by JMCHood If you are refinancing, you will have to choose the right time to lock in your mortgage rate, just as you did when you bought your… Read More
ARM Loans: What is Fully Indexed Interest Rate? Posted on June 19, 2018 by JMCHood ARM loans or adjustable rate loans, have a rate that adjusts periodically. Most commonly, they adjust once per year. You do get a fixed period temporarily… Read More
ARM vs. Fixed-Rate Mortgage: Which is Better? Posted on May 10, 2018 by JMCHood Hearing the low interest rate you can grab with an ARM loan can be rather tempting. But, is it worth it in the end? Should you… Read More
Should You Make Extra Payments or Refinance Your Mortgage? Posted on February 15, 2018 by JMCHood You want to get ahead on your mortgage. Whether your goal is to pay it off by a certain age or minimize the interest you pay,… Read More
What You Need to Know About VA Adjustable Rate Loans Posted on January 1, 2018 by JMCHood Taking out a VA loan means you have a big choice to make – do you want a fixed rate or adjustable rate loan? ARMs used… Read More
Can you Include Closing Costs in a VA Loan? Posted on November 11, 2017 by JMCHood A VA loan doesn’t require a down payment and has low closing costs. However, there’s one benefit veterans don’t get. They can’t roll the costs to… Read More