Pros of Paying Off Your Mortgage Early
For many homeowners, the idea of being mortgage-free is an appealing prospect. The prospect of eliminating a large debt and owning their home outright can bring a sense of financial security and peace of mind. However, the decision to pay off a mortgage early is not always straightforward and requires careful consideration of various factors. […]
A Refinance Appraisal Checklist
When refinancing your mortgage, a crucial step in the process is the home appraisal. An appraisal determines the current market value of your home, which in turn impacts the terms of your refinanced loan. To ensure that your home is accurately assessed and valued, it’s essential to prepare for the appraisal process thoroughly. In this […]
How to Get Rid of PMI
Private Mortgage Insurance (PMI) is a requirement for many homebuyers who put down less than 20% on their home purchase. While PMI serves as protection for lenders against the risk of default, it can add a significant expense to monthly mortgage payments. Fortunately, homeowners have options for removing PMI once certain criteria are met. In […]