by lizlaurenb | Apr 5, 2024 | Mortgage
Are you in the process of purchasing a home or considering refinancing your mortgage? If so, you’ve likely encountered the term “escrow account” during your discussions. Mortgage escrow accounts are a crucial component of many home loans, yet they...
by lizlaurenb | Apr 4, 2024 | Home Mortgage, Spanish
Hay varias exenciones fiscales importantes disponibles para los créditos hipotecarios que pueden ayudar a los propietarios a ahorrar dinero en sus impuestos. Aquí hay algunos ejemplos notables: Deducción de intereses hipotecarios: esta es una de las mayores exenciones...
by lizlaurenb | Apr 4, 2024 | Home Mortgages
You’re about to start on an exciting journey toward homeownership. But before you dive headfirst into the world of real estate financing, there’s an important decision you’ll need to make which is choosing the right mortgage term. The mortgage term...
by lizlaurenb | Apr 3, 2024 | Home Mortgage
What exactly is an interest-only mortgage? Simply put, it’s a type of home loan where you pay only the interest for a certain period, typically the first five to ten years. After this initial period, you begin paying both the principal and interest, resulting in...
by lizlaurenb | Apr 2, 2024 | Mortgage
For many seniors, home equity represents a substantial portion of their wealth. However, accessing this equity while maintaining homeownership can be challenging. This is where Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, emerges as a...
