by The Klein Team | Dec 5, 2019 | Mortgage
College is expensive and everyone needs to think about how they are going to cover the costs. Some of the costs include tuition, room and board, meals, books, and spending money. In order to pay for college, some people consider taking out a second mortgage instead of...
by The Klein Team | Oct 30, 2019 | Mortgage
There are many options when it comes to taking out a loan on a new home. One of the options that people might have heard about is called owner financing. In general, the property owner takes the place of a traditional lender. Instead of someone taking out of a loan...
by The Klein Team | Oct 25, 2019 | Mortgage
When you are buying a home, you may run into a number of hurdles to complete the purchase. One of the items that you may be asked to purchase is called private mortgage insurance, often shortened to PMI. This is a unique insurance policy that your lender, such as the...
by The Klein Team | Oct 16, 2019 | Mortgage
PMI, which is also called private mortgage insurance, is protect that the lender may ask the buyer to purchase. In the event that the buyer defaults on their home loan and the home enters foreclosure, the lender has a way to recoup their losses. While the lender may...
by The Klein Team | Jun 10, 2019 | Home Buyer Tips, Home Mortgage, Mortgage
The government’s rule tightening for reverse mortgages has opened a window for new proprietary reverse mortgages. While the HECM does meet the needs of most borrowers, in the past it has left out a significant portion of the higher net worth market —...
by The Klein Team | Mar 26, 2019 | Mortgage
The mortgage interest rate represents the cost of borrowing money to purchase a property. Mortgage interest rates are not fixed; that is, they fluctuate from one period of time to the next. Many different factors play into what your mortgage interest rate will finally...
