by Angel Leon | Jun 24, 2025 | Mortgage Tips
June is National Homeownership Month and there is no better time to look at the long-term financial benefits of owning a home compared to renting. As a mortgage professional, I often speak with clients who are unsure whether to keep renting or make the leap into...
by Angel Leon | Jun 13, 2025 | Mortgage Tips
When you are budgeting for a new home, it’s easy to focus on the down payment, but do not forget the closing costs. These fees typically range from 2% to 5% of the home’s purchase price and cover things like the appraisal, title search, loan origination,...
by Angel Leon | Jun 12, 2025 | Mortgage Tips
If you’ve owned your home for a few years, chances are you have built up equity, maybe more than you realize. But what exactly is home equity, and how can you use it to build wealth, reduce debt, or increase financial flexibility? We will discuss how homeowners...
by Angel Leon | Jun 11, 2025 | Mortgage Tips
When exploring home financing options, many borrowers are intrigued by interest-only mortgages. These loans offer the benefit of lower initial monthly payments, which can seem attractive, especially in high-cost areas or when cash flow is tight. But how exactly do...
by Angel Leon | Jun 10, 2025 | Mortgage Tips
If you are self-employed or work as a freelancer, you may be wondering whether buying a home is even possible. The good news? It absolutely is, but you will want to be prepared for a few extra steps in the process. Here are five common questions freelancers ask when...
by Angel Leon | May 23, 2025 | Mortgage Tips
If you’re considering buying a home, you’re likely wondering how much you’ll need for a down payment. The common belief is that you need to put down 20% of the home’s purchase price, but that’s not the only option and in many cases,...
