Unlike diamonds, mortgages are not forever. The ultimate goal is to pay them off and own your home free of encumbrances. But there are many good reasons to trade in your original mortgage for a new one along the way. One of the most common reasons to refinance is to move from an adjustable-rate mortgage, […]
Meet Our Newest Community Lender – David Gentleman
We’d like to introduce the newest member of our retail community lending team, David Gentleman! As a community lender in the Worcester County area, David is responsible for helping his customers realize their goal of homeownership, or better overall financial health by providing clear and honest assistance in finding a mortgage solution that best fits […]
Make Over Your Mortgage
Hardwood floors. Sleek new appliances. Back yard landscaping. If you own a home, chances are you have a pretty good idea about the steps you can take to improve it. But did you realize you can freshen and improve another aspect of your home? You can make over your mortgage by refinancing. There are some […]
How to Save for a Down Payment
The tallest hurdle to buying your first home will be saving for the down payment. To avoid having to purchase private mortgage insurance, you’ll likely need to put down at least 20% of the purchase price, which will probably mean tens of thousands of dollars. As a young adult, saving this much money may seem […]
Is Fall the Best Time to Buy a House?
Sometimes it’s smarter to buy certain items according to the season, like sweaters near the end of winter and swimsuits in late summer. But what’s the best season for buying a house? The answer: the fall. As temperatures cool and trees shed their leaves, enough factors break in the buyer’s favor to make it the No. 1 season for […]
How to Tell You’re Ready to Buy a House
Making the decision to become a homeowner is emotionally and financially complex. Here are some key things to ask yourself if you’re considering whether buying is right for you. Do you have a good reason to buy? Sometimes switching from renting to buying is a no-brainer. Maybe you live in a modern one-bedroom apartment in […]