Mortgage Matt's Blog

4 Considerations to Make Before Applying for a Home Loan

Making the decision to purchase a home is a very important step in anyone’s life. So before you begin shopping around for mortgages, it’s important to do some research and figure out exactly what type of home loan will be best for you. So if you’re looking to apply for a home loan in Redding, make sure you consider the financial factors discussed in this article.

Refinancing: What It Is, Some of the Benefits, and a Few of the Basic Fees

Refinancing your home can be a great option for many reasons, and there are several types of refinancing available to you to do so. Although, refinancing can be a complex process that can hold high risks and multiple variables. If you choose to refinance, you should consult with a lender thoroughly. If you’re generally curious about refinancing, you can continue to read below.

Prepping to Buy a Home: What to Have Handled Before Homeownership

Buying your first home will be one of the most intimidating purchases you’ll make. While the purchase itself is a large sum to handle, the intricate details of the home buying process don’t make it any easier. Between home loans, mortgages, refinancing, and the attached variability these things carry, home ownership can seem like more of a hassle than it’s worth.

VA Loans: What You Need to Know

Applying for a home loan can be frustrating and confusing for anyone, especially first-time buyers. First-time buyers, according to the 2016 National Association of Realtors Profile of Home Buyers and Sellers, account for 35% of home purchases. Veterans who are buying a new home have the ability to apply for a specific type of loan even if they’re first-time buyers.

FHA Loans 101

An FHA loan is a mortgage that is insured by the Federal Housing Administration. These loans are designed for people who are unable to make a large down payment. A borrower must have a credit score of 600 or higher to qualify for an FHA loan for a mortgage...

Applying for a Mortgage? Make Sure You Ask These 5 Questions

If you’re getting ready to buy a home, choosing a home loan is a crucial step. It can be time-consuming and confusing, so allow yourself plenty of time to go through this process. Data collected in September of 2016 shows that 59% of homeowners wish they had a clearer understanding of the conditions and details of their mortgage. To make sure you fully understand all aspects of the home loan you’re looking into, make sure to ask the following questions.

Think You Can’t Get a Home Loan? Think Again.

Home loans are easier to secure than ever, and in Shasta County, there’s plenty of help for anyone who wants one. Mainly this is because of government-subsidized home loans like FHA loans, and USDA loans. In this article, we will cover some of the options...

Protect Your Future Investment with an FHA Loan

FHA loans aren’t just affordable for first-time buyers - they’re safe, too. The Federal Housing Administration has taken measures to ensure that FHA loans are designed to survive even when the real estate market is in turmoil. These measures mostly take...

Millennials are flocking to VA Loans

Millennials are using VA loans much more than previous generations - creating a renaissance for the long running program. Last year, one third of all VA loans were used by millennials. A notoriously cash-strapped generation - coming of age in a time of...