Our Mortgage Blog
Best Loans For Flipping Houses
Flipping houses is a viable option if you want to make money from real estate without managing rental properties. The process is fairly simple. You buy a home, fix it up, and then sell it to someone else as quickly as possible, limiting the total cost of ownership and...
How Much Equity Can I Borrow On My Home?
Although the real estate market is experiencing an expected modest slide in the post-pandemic economic climate, interest rates remain favorable for taking out a home equity loan. Your home's value may be more than what you think it is. Moreover, housing market...
FHA or Conventional? Which One Is Right For You?
Embarking on the home-buying process comes with many decisions. Aside from finding the house of your dreams, choosing the right home loan for your needs is another important decision. There are two primary types of home loans to consider –conventional and FHA. Both of...
How Do You Get Rid of PMI On A FHA Loan?
People who get a conventional mortgage to pay for a home may hear about private mortgage insurance, often shortened to PMI. This type of insurance protects the lender if you stop paying the mortgage. Homeowners can purchase a different policy if they want coverage for...
What If I can’t afford closing costs?
Like many people with a home purchase on their horizon, you probably feel a combination of happiness and apprehension. It's natural to be happy when contemplating buying your next home. Still, it's also understandable to be nervous, especially if you're worried about...
What Is a Bridge Loan and How Do They Work?
If you're still in the ideation stage of selling your home, you're probably starting to get pretty excited about beginning the next chapter of your life in a new home. At the same time, you're probably already aware of some potential timing pitfalls with real estate...
October 2022 California Housing Market Trends
Current California home prices are hovering around $775,000, an 11% decrease over the same period last year. The California Association of Realtors predicted the following trends for 2022: Existing single-family home sales are forecast to total 416,800 units in 2022....
October 2022 Arizona Housing Market Trends
Arizona has one of the hottest real estate markets in the nation and has for the past few years. You may wonder if you should invest in Arizona real estate in the current seller's environment. Here is an overview of what the market will look like in October 2022 and...
How Much Are Closing Costs in AZ
When you buy a home in Arizona, it's essential to budget for closing costs and factor that into your buying decision. Closing costs include things like paying for appraisals and credit checks. However, these costs vary significantly from lender to lender. Therefore,...
Tim Potempa Tackles Common Home Buying Myths
Want to buy a home, but need to know if you can afford it? In today's housing market, many prospective homebuyers still wonder if they need to make a 20 percent down payment. Tim Potempa, President, and Founder of the Potempa Team, recently sat down with Terri...
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