05 Dec 2025
By Mark Feder

You Ask, We Answer: How to Choose Between Expanding Your Current Home and Buying a New One

Mortgage Tips
Does your home feel like it's starting to burst at the seams? Many homeowners across the country can relate to this feeling having bought a home only to run out of space due to a growing family or for other reasons. Let's take a quick look at a few questions that will help you to determine whether buying a new home or expanding your current home is the best choice when you're in need of some extra space. Why Are You in Need of More Space? The first question you'll need to answer is... "why?" Are you running out of…
Read More
04 Dec 2025
By Mark Feder

Understanding Why You Don’t Need to Pay Off Your Mortgage Early

Mortgage Tips
Many homeowners feel pressure to pay off their mortgage as quickly as possible but faster is not always better. In many real-life situations, directing your money toward other financial steps can offer more growth, more protection, and more flexibility. Understanding when early payoff is helpful and when it is not can give you greater confidence in your long-term plan. Your Mortgage Rate Matters More Than You ThinkA major factor in this decision is your current mortgage rate. Many homeowners secured low rates in recent years that are far below the interest charged on credit cards and other consumer loans. When…
Read More
02 Dec 2025
By Mark Feder

When and How to Save Money by Refinancing Your Mortgage

Mortgage Tips
Refinancing can be a smart way to lower your monthly payment, reduce your interest rate, or tap into equity for financial goals. Many homeowners wait too long to reconsider their loan, but the right timing can put real money back into your pocket. Understanding when to refinance and how the process works helps you make a confident decision. Understanding Why Refinancing MattersRefinancing replaces your existing mortgage with a new one that may offer better terms. Homeowners often refinance to secure a lower rate, shorten their loan term, remove mortgage insurance, or consolidate high interest debt. Even a small rate improvement…
Read More
26 Nov 2025
By Mark Feder

The Role of Asset Verification in Mortgage Underwriting

Mortgage Tips
When buyers apply for a mortgage, income and credit history get most of the attention. However, there is another essential part of the underwriting process that plays a major part in determining approval. Asset verification helps lenders understand the financial strength behind an application and gives them greater confidence in the borrower's ability to manage the loan responsibly. What Asset Verification MeansAsset verification is the process of reviewing the funds a borrower has available. This includes checking bank accounts, retirement accounts, investment accounts and any other liquid sources. Lenders look for accurate documentation that confirms the money belongs to the…
Read More