Latest Articles

Crunching the Numbers: Assessing Your Affordability for Homeownership and Mortgages

Use Mortgage Affordability Calculators:· Take advantage of online mortgage affordability calculators. These tools consider your income, debts, down payment, and other financial details to estimate the mortgage amount you can afford. They provide insights into potential monthly payments and help you set a realistic budget. Get Pre-Approved for a Mortgage:· Obtain pre-approval from a lender […]

Who pays the mortgage during probate?

Navigating the complexities of probate, the legal process of administering an individual’s estate after their passing, often raises questions about mortgage responsibilities. The question of who pays the mortgage during probate depends on several factors, including the terms of the mortgage, the deceased person’s estate planning, and the intentions of the heirs or beneficiaries. Estate […]

Who mortgages mobile homes?

Securing a mortgage for a mobile home involves distinct considerations compared to traditional home loans. Financing options for mobile homes may vary, and understanding who mortgages mobile homes is crucial for individuals seeking to purchase or refinance these unique properties. Manufactured Home Lenders:• Some financial institutions specialize in lending for manufactured or mobile homes. These […]

Who’s the mortgage lender?

The phrase “Who’s the mortgage lender?” often arises in discussions related to home financing, referring to the entity or institution providing the funds for a mortgage. The mortgage lender plays a pivotal role in the home buying process, and understanding the different types of lenders can help borrowers make informed decisions. Mortgage lenders can be […]