When is the down payment due for a new construction loan?
Building a new home can be an exciting time for a family. You have had the home designed, you have picked a builder, you have picked the fixtures for the…
What is a Renovation Construction Loan?
With the aging population and in turn more children seeing their parents move in with them or couples having more children, many borrowers are looking for a solution to the…
Building a Custom Home in Charlotte, NC
Charlotte, NC is a great place to call home and to build your new custom home. The Queen City is rapidly growing and now is the 16th largest city in…
Construction to Permanent Loan Rates
Construction to Permanent (also known as “CTP”) Loan Rates can differ slightly from traditional home loan rates. Before getting into why CTP rates can differ~ let’s take a look at…
How do Construction Loans work?
How do Construction Loans work? That is a pretty simple question. Unfortunately, because Construction Loans are much more detailed and complex than a traditional mortgage, the answer can be anything…
6 Steps to Build a Custom Home
Building a new home, where to begin ... Building a new home can be a detailed and lengthy process. Below are 6 steps that will help you get started: 1.…
Understanding Mortgage Amortizations and Why Longer Periods Can Cost More
Understanding Mortgage Amortizations and Why Longer Periods Can Cost More Buying a home is one of the largest investments you will make in your life, and that's why so many…
Til’ Debt Do Us Part: How to Get a Mortgage If One Spouse Has A Terrible Credit Score
Til' Debt Do Us Part: How to Get a Mortgage If One Spouse Has A Terrible Credit Score A poor credit history is a reality for many people, but it…
Should You Pay Your Mortgage Bi-weekly or Monthly?
Should You Pay Your Mortgage Bi-weekly or Monthly? Let's Take a Look Most homeowners look at their monthly mortgage payment as their largest cost per month, and something they must…
Self-Employed? Here’s What You’ll Need to Get a Mortgage Approval
Self-Employed? Here's What You'll Need to Get a Mortgage Approval There's a lot of flexibility and personal freedom associated with self-employment that can be a great benefit to your lifestyle…