Renovation Loan
• Published 10/04/2022
The national trend of homebuyers seeking out properties in need of renovations has established a firm foothold in the Hudson…
The Conventional Loan vs. FHA Loans
• Published 08/05/2022
Home buyers have several financing options to choose from, and two of the most common are conventional loans and FHA…
What is APR and How Does it Affect Your Mortgage?
• Published 06/28/2022
The annual percentage rate (APR) is a term you’re likely to encounter while reviewing your mortgage options. Thankfully, it’s not…
What Is a Debt-to-Income Ratio?
• Published 05/11/2022
If you are thinking about applying for a loan, you may have encountered the term debt-to-income (DTI) ratio while researching…
Preparing Your Finances for Interest Rate Hikes
• Published 05/06/2022
Although interest rates have been very low for a while, they are now rising. To cool the high level of…
HELOC vs. Home Equity Loan When Interest Rates Rise
• Published 04/21/2022
Many people use their home’s equity via a home equity loan or HELOC. They may use the money they borrow…
How Do Home Equity Loans Work?
• Published 04/14/2022
A common way that many homeowners borrow money is with a home equity loan. The money you borrow can be…
Understanding Mortgage Closing Costs
• Published 04/05/2022
Closing costs are important fees that you should know about if you are considering applying for a mortgage. These fees…
Guide to Home Equity Lines of Credit (HELOCs)
• Published 04/05/2022
If you’ve built up some equity in your home, you might be thinking about tapping into the cash to fund…