Monthly Archives: January 2016

When the mortgage interest rate sounds too good to be true – BEWARE!

Posted on January 28, 2016 by theloanman

When you’re thinking of purchasing a home, refinancing, or getting a reverse mortgage, you naturally want the interest rate and terms that will be most beneficial to you. In other words, you want to pay the least for the most … Continue reading →

Posted in Uncategorized | 199 Comments

Vacation Home Purchases are Booming!

Posted on January 26, 2016 by theloanman

Today, many who have attained the American Dream of home ownership are taking it a step farther – and dreaming of owning a vacation home. Many are making that dream come true. According to the National Association of REALTORS® (NAR), … Continue reading →

Posted in Uncategorized | 1,452 Comments

Understanding Mortgage Interest – What you need to know

Posted on January 17, 2016 by theloanman

When you set out to purchase a home you have several financial factors to consider. First, of course, is the price of the home. Next is your mortgage interest rate. Those two factors, together with taxes and insurance, will determine … Continue reading →

Posted in Uncategorized | 62 Comments

The financial peril of co-signing a mortgage loan

Posted on January 13, 2016 by theloanman

Should a friend or family member ask you to co-sign a mortgage loan, the best thing you can do for everyone concerned is to say no. Let’s assume that it is your brother who has approached you about co-signing… Why … Continue reading →

Posted in Uncategorized | 143 Comments