It’s possible to lower your interest rate when you buy a home in North Florida – even when interest rates are higher than they’ve been in recent memory. This guide explains. The Inside Scoop on Bringing Down Your Mortgage Rate Here are five ways to get the best possible interest rate: Pay down debt Save […]
Should You Buy Land When Interest Rates Are High?
Many people are questioning whether now is a good time to buy land, particularly because interest rates are much higher now than they have been in recent memory. Aside from the fact that land typically appreciates in value, the interest rates can cause you to take serious pause; That’s because their payments will most likely […]
Could Use an FHA Loan to Buy a Farm in North Florida?
If you’re like many people, you’ve been on plenty of websites that discuss FHA loans. But what are these loans, are they guaranteed, and could you possibly use one to buy your next home? This guide explains. What is an FHA Loan? An FHA loan is a type of mortgage loan that is insured by […]
The Inside Scoop on USDA Loans
If you’ve spent any time looking at mortgage financing, you’ve probably seen or heard the term USDA loan. But what is a USDA loan, and is it possible for anyone to use one? This guide explains USDA loans, how to use them, and what they’re good for. What is a USDA Loan? A USDA loan […]
Private Mortgage Insurance, Explained Simply
If you’re like many people, you’ve heard of private mortgage insurance, or PMI. But what is it, and is it something that you’ll be required to purchase when you buy a home land in North Florida? This guide explains. Private Mortgage Insurance, Explained Simply Private mortgage insurance is something the vast majority of lenders make […]
What Are Interest-Only Mortgages?
If you’re like many buyers, you may have heard of interest-only mortgages. But what are these types of loans, what are they good for, and should you use one to buy a home? Though we’re not financial advisers (and you should talk to a qualified financial planner to get advice on your personal situation), this […]
What Affects Your Mortgage Rate?
If you’re a first-time buyer, or if you’ve bought and sold multiple homes in the past, you likely have plenty of questions about the process – and some of them may be about mortgage rates. What factors affect your mortgage rate, and what can you do to get a better rate? This guide explains. What […]
What is a Micromortgage?
If you’re looking for a home in North Florida, you may have heard of micromortgages – but what are they, and is it possible that you could qualify for one? Here’s what you need to know. What is a Micromortgage? The Homeownership Council of America is working on a new project: The micromortgage. A micromortgage […]
Can You Buy a House After Bankruptcy?
If you’re like many people, you’ve heard that it’s tough to buy a house, a farm or land after a bankruptcy. But is that really true? Can you buy a house after a bankruptcy, and if you can, how long should you wait? Here’s what you need to know. Can You Buy a House After […]
Applying for a Mortgage When You’re Self-Employed
If you’re like many people, you’re self-employed – and that means your process of applying for a mortgage to buy home or land for sale in Lake City will be different than it would if you worked for an employer. Here’s what you need to know about applying for a mortgage when you’re self-employed. Applying […]