What You Need to Know About Home Equity
Home equity is the portion of your home’s value that you own outright or the portion that you would receive if you sold your home today. Many homeowners strive to grow their home equity to build wealth or use it as a financial resource in the future. What is Home Equity? Home equity is the […]
Private Mortgage Insurance: What is it, How Much Does It Cost, and the Different Types
Private mortgage insurance, or PMI, is a type of insurance that helps protect lenders in the event that a borrower defaults on their mortgage. It’s important to note that PMI isn’t required for all mortgages, but it is typically required when a borrower puts down less than 20% of the home’s purchase price. In this […]
6 Tips for First Time Home Buyers
Are you a first-time home buyer? If so, congratulations! Buying your first home is an exciting milestone in your life. However, it can also be a bit daunting. There are many things to consider, and it can be tough to know where to start. So we’ve put together this list of tips for first-time home […]