Posts Tagged ‘Mankato Mortgage’
The 20% Down Myth
If you’re desperate to own a home of your own, you are likely saving up until you have 20% of your dream home’s total value. All that’s great, but the fact is you don’t need to put down 20%. The 20% myth is leftover from the era after the housing crisis, when many lenders tightened…
Read MoreMaking an additional payment
Obtaining a mortgage loan can be an overwhelming process. Sometimes, the thought of having a loan against your home for 30 years seems like an eternity. To help reduce that stress, there is an option to consider; make one additional principal and interest payment to your mortgage each year. By doing so you can cut…
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