Your credit score plays a big role in your mortgage. When you buy a home and take out a mortgage, mortgage lenders are going to be looking closely at your credit score. Your credit score tells them what kind of borrower you are. It gives them an idea of how...
Category: Mortgages
Choosing a 15, 20, or 30 Year Mortgage? Loan Terms Make a Difference
Should You Choose a 15, 20 or 30 Year Mortgage Term? We’ve found that many of our customers looking for a Charlotte home loan are curious about their mortgage term options. The length of your mortgage can have a big impact on your monthly payments, and it affects how quickly...
How to Use the Mortgage Calculator and Start Planning
When you first decide to buy a house, it can be tough to know exactly what to look for. Can you afford that gorgeous new build you’ve been eyeing in the development across town? Or should you shop for a townhouse or a starter home instead? Should you focus on...
Loan Programs and Requirements
With so many mortgage options available for Charlotte-area home buyers, it helps to know what you need to have in terms of down payment and credit score. The requirements vary for each loan program. From rural North Carolina houses to urban townhomes and condos, choosing the right loan for the right...
Understanding the Mortgage Process
The mortgage process can seem very complicated if you’ve never gone through it before. Knowing the ins and outs of getting a mortgage begins with learning how to get started with a mortgage loan and what you need to do to get ready. Once you’ve prepared for the mortgage process, it’s...
Tax Benefits of Being a Homeowner
One thing many new homeowners may be a little surprised to discover is the way their tax bill changes once they buy a home. While the best mortgage lenders will prepare you for changes to your tax situation after signing on the dotted line, it doesn’t hurt to find out...