How to Save Money for a House

Saving for a House: A Complete Guide Saving to buy a house involves more than just setting aside money for a down payment. You’ll also need to plan for closing costs, moving expenses, and other upfront costs. While the idea of putting down 20% on a home might seem daunting, you’re not alone if you’

What Are Jumbo Loans?

Securing a jumbo mortgage may be simpler than you expect. This guide will help you understand what a jumbo loan is and determine if it's the right fit for your financial situation. What Is a Jumbo Loan? A jumbo loan, also known as a non-conforming mortgage, is a home loan that exceeds the limits s

Short Sale vs. Foreclosure: Which Is the Better Option for You?

If you're facing financial hardship and can no longer stay in your home, you have two main options: a short sale or foreclosure. Learn which one may be the better choice for your situation. What You Need to Know About Short Sales A short sale occurs when you need to sell your home but owe more on

Cash-Out Refinance: A Comprehensive Guide for Homeowners

Homeowners choose cash-out refinances to tap into their home equity and receive cash in return. Keep reading to learn how this process works and determine if it’s the best option for your financial needs. With the rise in home values across much of the country, many homeowners now have substantial