Our Mortgage Blog
Who Qualifies for VA Home Loans?
Active duty service members, as well as veterans who meet certain requirements, may qualify for a home loan that's backed by the United States Department of Veterans Affairs. Because these loans are meant for those who have served this country in the military, there...
Mortgage Lender Near Me: Potempa Team
The Potempa Team: A Driving Force in the Mortgage Industry The Potempa Team has been a driving force in the mortgage industry for many years. With our expertise and knowledge, we can help you buy or refinance your home quickly and efficiently no matter what the market...
What Can You Use Home Equity Loans For?
Home equity loans are a popular way for Americans to borrow money. This type of loan allows you to use the equity in your home as collateral for a loan. Home equity loans can be used for a variety of purposes, including home repairs, education expenses, and debt...
Are VA Mortgage Rates Favorable?
Active duty service members, as well as veterans who meet certain requirements, may qualify for a home loan that's backed by the United States Department of Veterans Affairs. Because these loans are meant for those who have served this country in the military, there...
What Are 15-Year Mortgage Rates?
You need somewhere to live, so you might as well buy a house and build equity over time instead of paying rent and building value for someone else. The housing prices right now are very high, and interest rates for the last two years have been lower than they've ever...
How To Buy A House With Bad Credit?
Many potential homebuyers have decided to work on their credit before pursuing their dream of home ownership, and while this is a smart strategy overall, it's not outside the realm of possibility to be able to purchase a home with bad credit. With today's typical...
Renovation Loan, How Does it Work?
Buying a fixer-upper comes with expenses that aren't included in the purchase price of the home, so a traditional mortgage might not be the right loan product for you. If your next property needs renovations done to make the home comfortable and livable for your...
Interest Rates on Second Home Mortgage
A second home is only a dream for most Americans, but with the right planning, financial situation, and lender, it could be a reality for you and your family. According to NAHB estimates, there are more than 7.5 million secondary homes in the United States, and about...
What To Do If You’re Upside down on Your Mortgage
If you are looking to sell your home, the good news is that prices are still robust thanks to limited inventories. However, with a sharp increase in interest rates in 2022, you'll have to think strategically if you need to borrow to buy a new home in the current...
Everything You Need To Know About Homeowners Insurance
If you are a first-time or seasoned home buyer, it's important to understand the responsibilities that come with owning a home. Most lenders require homeowners insurance to protect the lender in case of an unforeseen loss or covered event. Learn more about what...
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THE POTEMPA TEAM
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AZ License #BK-0904162
Fax: 480-393-7023
Call Us: 855-421-2753
tim@potempateam.com