by jeanwfry | Jun 18, 2020 | Mortgage information
Should You Co-Sign on Your Kids’ Mortgage? We are living in some unique times where a lot of our kids are staying at home until their late 20s and even early 30s. This millennial shift is due to the high student loan debt and the ability to buy a house is a...
by jeanwfry | Jul 1, 2019 | Mortgage information
Homebuyers have a lot of options these days when it comes to financing the real estate purchase. They can go through personal financing, owner financing, a bank or credit union, mortgage broker or loan officer but really what’s the difference and which is best...
by jeanwfry | May 21, 2019 | Mortgage information
The last thing you want after being approved for a home loan is to find out your financing has fallen through. Once you are approved for a home loan you should basically freeze your finances and not do anything more until you close on your home loan. Too many...
by jeanwfry | May 8, 2019 | Mortgage information
There’s not much that sends you into a panic like losing your job. If you’ve recently been fired or let go, your monthly mortgage payment doesn’t just stop. It might be difficult to keep up with your mortgage payment, even if you have unemployment...
by jeanwfry | May 1, 2019 | Mortgage information
Homeowners insurance needs to cover your outstanding mortgage balance so if you no longer have that insurance equal to the balance, you are legally in violation of the terms of your loan. If you are in default according to the terms on your home loan, your lender...
by jeanwfry | Apr 3, 2019 | Mortgage information
Someone in your family unexpectedly passes away and lo and behold, you now inherit the house along with the mortgage. What do you do now? Just because the homeowner or mortgage holder passes away before paying off the mortgage, the mortgage does not go away. So...