03 Jun 2020
By Mark Feder

The Basics Of A Mortgage

Mortgage
The vast majority of people who are interested in buying a home are not going to be able to pay cash for the home. Even for those who can buy a home in cash, they often would rather take out a loan to avoid pulling money out of their investments where they would have to pay capital gains taxes. Those who take out a loan to buy a home will apply for something called a mortgage. Simply put, a mortgage is a loan that someone uses to buy a home. Mortgages are very specific to the real estate industry; however,…
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28 May 2020
By Mark Feder

The Pros And Cons Of Remodeling During The COVID-19 Pandemic

Mortgage
Nearly everyone has been impacted by the COVID-19 pandemic in some way. While many people are getting tired of being cooped up in their homes, the home improvement industry has actually been able to stay afloat. Furthermore, it is actually thriving. Because many people are trapped in their homes during the COVID-19 pandemic, many people are thinking about carrying out a home remodeling project. For those who are wondering about the prospects of such an undertaking, it is important to weigh the pros and cons.  The Pros Of Home Remodeling During The COVID-19 Pandemic There are a few benefits that…
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27 May 2020
By Mark Feder

Some Millennials Are Finding Home Buying Overwhelming

Mortgage
Many millennials are reaching the age where they are thinking about buying homes for the first time. It turns out that many members of this generation are finding this process challenging. Even though the housing market is great for those looking to buy, surveys indicate that this generation also finds the process overwhelming. Reports have been published showing that many millennials are planning to buy their first home in the next year, showing that owning property is still a strong part of the American dream. Furthermore, many millennials also know that this is a great time to buy. Why are…
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21 May 2020
By Mark Feder

Loan Programs For Lower Income Buyers

Mortgage
Owning a home may be the American dream, but for many who are in a lower income bracket, finding a loan can become challenging. Thankfully, there are several loan programs that can work well for lower income people considering homeownership. Here's a closer look at some of these home loans designed to help people who have a low-to-moderate income find a way to buy a home. FHA Home Loans FHA home loans are loans backed by the Federal Housing Administration. Lenders are more likely to lend to "higher risk" borrowers through the FHA loan program because the loans have the…
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