Mortgage Blog

Fixed rate mortgage, fixed rate mortgages work, monthly mortgage payment cap, monthly payment fixed rate loans

Adjustable Rate Mortgage vs Fixed Rate: Which is Better?

Choosing between an adjustable-rate mortgage (ARM) and a fixed-rate mortgage demands careful consideration. Both financing options have distinct advantages, shaping the financial trajectory of homeownership and investment ventures. An adjustable-rate mortgage, or ARM, is characterized by fluctuating interest rates. Unlike its fixed counterpart, the interest rate on an ARM varies periodically, typically adjusting annually after …

Adjustable Rate Mortgage vs Fixed Rate: Which is Better? Read More »

Mortgage loan, mortgage payments, commit mortgage fraud occurs, mortgage loan mortgage fraud refers mortgage payments, stolen pay stubs commit fraud, foreclosure relief

Safe Lending Practices: A Borrower’s Guide to Understanding and Avoiding Mortgage Fraud

Mortgage fraud, a pervasive issue in the financial landscape, demands our attention and understanding. In its simplest form, mortgage fraud involves deliberate misrepresentation, creating a web of deception that impacts individuals and the economy. As we delve into this complex realm, it’s essential to comprehend the alarming statistics that underscore the prevalence and risks associated …

Safe Lending Practices: A Borrower’s Guide to Understanding and Avoiding Mortgage Fraud Read More »

Gold Keys on the Calculator

11 Types of Conventional Loans for Property Investors

Wondering what type of loan to take for your property investment? What are conventional loans? Is there a difference between conventional loans and government-backed loans? How do these differences affect the bottom line of your property investment? Conventional loans are distinct from government-backed options because of their flexibility and customization. While there’s an abundance of …

11 Types of Conventional Loans for Property Investors Read More »

the concept of finance concept , man holding house in hand

How to Effectively Compare Mortgage Lenders

Selecting the right mortgage lender is as important as choosing your investment strategy. Comparing mortgage lenders is an effort of aligning your investment goals with a lender’s offerings. Of course, as an investor, you are inclined to look for lenders with affordable interest rates. However, a comparison of lenders is also about ensuring your ventures …

How to Effectively Compare Mortgage Lenders Read More »

apr vs interest rate

Mortgage Rates: Annual Percentage Rate Vs. Interest Rate

The Annual Percentage Rate (APR) and the interest rate are key components of mortgage loan acquisition. These two metrics influence monthly payments and the overall cost of borrowing. Simply put, if you are looking to get a loan for property investment, these two formulas will enable you to borrow money wisely. While both the interest …

Mortgage Rates: Annual Percentage Rate Vs. Interest Rate Read More »