What Is A Government vs A Conventional Mortgage?
A conventional mortgage is a loan that is not insured or guaranteed by the federal government You can get a conventional mortgage from a bank, a credit union, or a mortgage broker A down payment as small as 5% is allowed Primary residence, rental properties, or second...What Is A HELOC??
If you’re a homeowner, you may have heard of a home equity line of credit, or HELOC. But what is it and how does it work? A HELOC is a type of 2nd mortgage that lets you borrow money using the equity in your home as collateral. Equity is the difference between...Should I Pay More To Get a Lower Mortgage Rate?
Buying down your mortgage rate means paying an extra fee at closing to get a lower interest rate and monthly payment on your loan. This can be a good option for some homebuyers, but it also has some drawbacks. Here are some of the pros and cons of buying down your...
Carlie Clemens Mortgage Loan Officer NMLS 1733060
David H. Steinbrugge