Our Blogs

How Much Should You Put Down on Your Home? One of the most critical decisions you’ll make when buying a home is determining how much to put down as a down payment. Your down payment impacts your upfront costs and influences your mortgage terms and ongoing expenses. In this blog, we’ll explore the role of… Continue reading The Role of Down Payments

Retirement should be a time of relaxation and enjoyment after years of hard work. However, for many seniors, financial concerns can cast a shadow over this stage of life. Asset-based loans offer a valuable solution, providing seniors with the flexibility and security they need to enjoy their golden years to the fullest. In this blog,… Continue reading How Asset-Based Loans Provide Financial Flexibility for Retirement

In mortgage financing, borrowers have a variety of options to choose from, each with its own set of terms and features. One such option is an interest-only loan, which can offer unique advantages and considerations for borrowers. At HomeSpring Mortgage, we believe in empowering our clients with knowledge and understanding of their financing options. In… Continue reading Exploring Interest-Only Loans: Understanding the Basics

As a medical professional, you’ve worked hard to establish a successful career dedicated to serving others. As you embark on the journey to homeownership, securing the best loan terms is essential to achieving your financial goals. At HomeSpring Mortgage, our mortgage brokers understand the unique needs and challenges medical professionals face when obtaining home loans.… Continue reading Tips for Medical Professionals to Secure the Best Loan Terms

Securing a mortgage in the ever-evolving real estate market can seem like navigating uncharted territory. However, the path to homeownership becomes more straightforward with the proper guidance and expertise. As experienced mortgage brokers, we understand the nuances of today’s market and are here to provide valuable insights and expert advice to guide you through the… Continue reading Securing a Mortgage Today: Expert Advice from a Broker

Foreign national loans are mortgages designed for borrowers who are not U.S.-born or naturalized citizens and want to buy property in the United States. These loans have requirements and interest rates that slightly differ from standard Fannie Mae or FHA loans. In this blog, we’ll discuss everything you need to know about foreign national loans and… Continue reading Everything You Need to Know about Foreign National Loans

Buying a home is a significant investment, and one of the largest expenses is the down payment. However, it’s a common misconception that you must make a 20% down payment on a mortgage. While putting 20% down will allow you to avoid paying for private mortgage insurance, lenders seldom ask for that large a payment.… Continue reading Tips for Saving for a Down Payment

For most homeowners, a mortgage is the most significant financial commitment they’ll ever make. While the prospect of owning a home is exciting, it’s common to dream of when that mortgage is paid off, and you truly own your home outright. The good news is that you don’t have to wait the entire mortgage term… Continue reading How to Pay Off Your Mortgage Faster