When you bought your house, the fees you paid included the closing costs for your mortgage, your down payment, and maybe some mortgage points. Now that you are ready to sell, there are a few more costs that you need to anticipate. In fact, according to Re
Jan 15, 2020 | Mortgage Advice
When you take out a mortgage loan, your lender puts a lot of trust in you to repay the loan. Lenders can do this because they do thorough financial background checks on borrowers before agreeing to lend money. Your interest rate will be based on how credi
Jan 01, 2020 | Refinancing a Home Preapproval Credit Purchasing a Home
All of us at Prime Rate Mortgage ™ would like to wish you a very Merry Christmas and a Happy New Year! We hope that 2020 is a year full of happiness, health and prosperity for you and your loved ones. All the Best, Prime Rate Mortgage ™
Dec 23, 2019 |
You think you understand how much your mortgage payment is going to be and then your first bill comes. There seems to be more included in your payment than you expected. What are all the fees in your monthly mortgage bill? Mortgage Principal Your mortga
Dec 18, 2019 | Purchasing a Home
Mortgage loans made by the Federal Housing Administration can be a huge help to homebuyers without a large down payment. FHA loans require down payments of as little as 3.5%. Traditional loans often require 20%. Yet FHA mortgages come with some strings at
Dec 04, 2019 | Government Loans FHA Loans
We would like to thank all of our customers and wish them a Happy Thanksgiving. Please remember if you are traveling, to be safe. We are so grateful that you have managed to stick with us.
Nov 21, 2019 | Happy Thanksgiving Safe Travels
