What is PITI? Understanding and Saving on Your Mortgage Loan PITI is a very important acronym if you’re a homeowner with a mortgage. It consists of four important factors in your monthly housing costs:...
New Program Tackles Student Loan and Down Payment Challenges The high cost of student loans get blamed for a lot today—millennials living with parents again, delaying marriage and homeownership. The first-time homebuyer market...
What Lenders are Really Thinking When They See Your Credit Score Without a high credit score, you won’t qualify for the best mortgage rates available, which could mean you’ll end up paying more money over...
20 Percent Down or Not? That is the Question. When it comes to home loans and down payments, the good news is you have options. But, getting that home financing in order is...
FHA: Affordable or Not? If you’re a first-time homebuyer, you’ve likely heard of an FHA loan. Why do so many first-timers flock to FHA? These loans, insured by...