Who Qualifies For A Reverse Mortgage?
A reverse mortgage is a loan for homeowners over 62 years of age who have substantial equity in their homes. With this loan, they can borrow against their equity and get access to cash to pay for any cost-of-living expenses they may have. Rates typically start at less than 3.5% per year, and the...
Discover Your Home Equity Options
One of the pluses of property ownership is the opportunity to build equity. If there's ever a time that you need a considerable amount of cash (such as for paying off debt or a home remodel), you'll have access to it by borrowing against your home equity. That's essentially the purpose of a...
What Does It Mean To Cosign On A Mortgage?
Have you been asked to cosign by someone looking to get a home loan approval? You may be wondering why they would ask or how this affects you. This article will help you to understand both of these points.
Why Were You Asked To Cosign?
These are the top reasons that home loan...
Atlanta Area Homes on Market Move Quickly in July
Homes on the market in the Atlanta area spent fewer days on the market in July than a year earlier, according to a recent local real estate report. Atlanta area homes that sold in July spent an average of 49 days on the market, compared to 67 days a year earlier. Real estate experts cite lower...
How Much Down Payment Do You Need To Buy A Home?
If you're considering buying a home, you might wonder how much is required as a down payment. Here is a quick run-down of the requirements of the down payment per loan type.
Do You Need To Put 20% Down On A House?
You'll often hear the down payment expressed as a percentage. For example, a 20%...
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