Mortgage points are a way to reduce the interest rate on your mortgage, but they’re not the right choice for everyone. This guide explains everything you need to know about mortgage points so you can make the right choice when financing your home. What Are Mortgage Points, and How Do They Work? When you take […]
When you’re buying a home, the mortgage you choose is a very important decision. There are five main types of mortgages, and each one has its own benefits and drawbacks. This guide will help you decide which type of mortgage is right for you. Which of These Five Main Mortgage Types is Right for You? […]
A USDA loan is a type of mortgage that is insured by the United States Department of Agriculture. The purpose of the USDA loan program is to help rural homeowners buy homes with no money down. However, these loans can be a little confusing – particularly if you’ve never purchased a home in Macomb County […]
If you’re like most people, you’ve heard of FHA loans, but what are they? Could you use one to buy a home in Macomb County? This guide explains. What is an FHA Loan? An FHA loan is a mortgage that is insured by the Federal Housing Administration (FHA). It offers borrowers lower down payments and […]
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