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What is PITI

What is PITI?

July 31, 2019

What Does PITI Mean? PITI is an acronym that stands for “Principal, Interest, Taxes, and Insurance.” As you might already guess, PITI is related to home loans in a major way. These four letters stand for the four things that comprise most mortgage payments. Therefore, we will break this acronym down into four sections so that you can more fully...
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What Is an FHA Mortgage Loan

What Is an FHA Mortgage Loan?

July 29, 2019

Have you ever considered the possibility of getting a home loan? After all, no one really likes to pay rent. If you are one of those people that want to buy your own home (but feel that you can’t), then this article is for you. We are going to discuss the most common option for first-time home buyers, which is...
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What's the Difference Between a Conventional, FHA, and VA Loan

What’s the Difference Between a Conventional, FHA, and VA Loan?

July 26, 2019

For those who are in the process of buying a home or those who are considering such, there is a confusing array of options. The government offers a few different home loans, but all of them come with strings attached. The private option tends to have fewer of those but is also much more difficult to obtain. Today, we will...
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What is Debt-to-Income Ratio

What is Debt-to-Income Ratio?

July 24, 2019

You’ve probably heard some older people talk about the importance of staying debt-free. While it may be tempting to ignore the old folks, there is something to this attitude that is worth considering. Racking up debt is probably the easiest and fastest way to ruin your credit, making it very difficult to obtain a loan for any purpose. In this...
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Ultimate Guide To A Stress Free Move

The Ultimate Guide To A Stress Free Move

July 22, 2019

Moving is easily one of the most stressful events that the average person will experience. For many of us, our home is the center of our world. Thus, it is no small thing to consider moving that center. Thus, we have created this article in an attempt to make your life just a little bit easier. Instead of giving you...
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How to Furnish Your First Home

How to Furnish Your First Home

July 19, 2019

Now that you have finally bought your first home, you’re probably eager to move in and enjoy your purchase. You can customize your home in any way you please, now that you no longer have to worry about a landlord. However, furnishing a new home is an activity that should be carefully planned so that you don’t waste time, space,...
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What Is A USDA Home Loan

What Is A USDA Home Loan?

July 17, 2019

In 1949, Congress signed a new housing act into law. In an attempt to aid struggling farmers and other impoverished rural people, a program was created whereby rural people (particularly farmers and their tenants) could borrow the money needed to improve their farms, purchase new land and equipment, and enjoy a decent standard of living. The housing act of 1949...
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Get The Facts About VA Construction Loans

Get The Facts About VA Construction Loans

July 15, 2019

If you are a veteran or active duty service member, you are almost certainly familiar with the VA loan entitlement program. Under this program, the government will cover 25% of any loan taken out by an eligible person. As you might imagine, this program is most often used for buying a home. Many veterans have found these sorts of loans...
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What Is a Home Equity Line of Credit

What Is a Home Equity Line of Credit?

July 12, 2019

The world has an unpleasant tendency to be expensive. Without much effort on our part, it often seems that money just flies away no matter how hard we try to hold it. Why does this happen? Because life is composed of problems, and money is required to solve many of those problems. In this article, we will cover a risky...
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The Disadvantages of Renting a Home

The Disadvantages of Renting a Home

July 8, 2019

For those who can afford to make a choice, there is a serious debate to be had about the benefits of homeownership. On the one hand, you gain a greater degree of independence and freedom from monthly rent payments. On the other hand, there are still costs and rules associated with home ownership. For those of you who might be...
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