My Blog

How Does a Reverse Mortgage Work?

How Does a Reverse Mortgage Work?

What is a reverse mortgage?A reverse mortgage allows homeowners of a certain age, 62 years and older, to borrow from their home’s equity without having to make monthly mortgage payments. As the borrower the homeowner may then choose to take funds in a lump sum, line...

FHA Loans And How To Qualify

FHA Loans And How To Qualify

If you want to buy a home, but don't have 20% of the mortgage to put down and your credit is less than perfect, you don't have to give up on your dream of homeownership. With the right loan, you can still get a home! FHA loans are very popular among first-time...

Mortgage Loans: Fixed Rate vs. Adjustable Rate

Mortgage Loans: Fixed Rate vs. Adjustable Rate

If you plan to stay in your home for at least seven to 10 years, a fixed-rate mortgage offers stability with your monthly payments. On the other hand, if you don’t plan on staying in your home for a while an Adjustable Rate Mortgage (ARM) could save you big on...

When to Consider a Reverse Mortgage

When to Consider a Reverse Mortgage

There are lots of factors to consider when deciding if a reverse mortgage is right for you. The largest factors include: your age, do you plan on staying in your home and will you still be able to afford taxes, what you plan on leaving your heirs, and home...

Get To Know Each Of Stonebridge’s Residential Services

Get To Know Each Of Stonebridge’s Residential Services

Stonebridge offers a number of residential real estate services for our Gresham neighbors. Consider each of our residential services next time you venture forth into the Portland area real estate market, either as a buyer or a seller.Reverse MortgageA reverse mortgage...

Things To Know About Reverse Mortgages

Things To Know About Reverse Mortgages

It's crucial that buyers considering reverse mortgages have a clear understanding of what precisely is available to them. Each person’s situation is unique, so it's imperative that your mortgage group works judiciously to ensure that you are accurately informed....

Could a Reverse Mortgage Help Your Divorce?

Could a Reverse Mortgage Help Your Divorce?

A reverse mortgage can help bolster your financial situation, allowing you to withdraw the equity in your home over time, but for divorcing couples a reverse mortgage may be able to lessen the financial burdens on each individual while allowing them to pursue their...

Soundproofing Your Basement or Garage

Soundproofing Your Basement or Garage

Garages and basements can be workshops, art studios, band practice spaces and more. Sure, they can keep your car or your stored possessions safe from the elements, but they can also be a gym, a dance studio, or a place for kids to play when it's rainy or snowy. There...

Live/Work Spaces And How To Find The Perfect One

Live/Work Spaces And How To Find The Perfect One

Artists, musicians, and performers thrive in spaces that house both their passions and their possessions, but finding those spaces can be such an effort that many creative types end up working out of their garages. That might be fine for some, but others require...

Learning The Different Styles Of Homes: Craftsman Style

Learning The Different Styles Of Homes: Craftsman Style

Buying a home is an exciting endeavor, but there is a fair amount of vocabulary that you may not be familiar with. How many times have you driven down a neighborhood and pointed to a house that you liked but didn't know what the style was called? Wonder no more! Here...

Call Now Button