With interest rates doubling in the past year, you may think that it’s no longer a good time to refinance your mortgage. However, the truth is there may be some circumstances that make now a perfect time to switch into a new home loan. The best time to re
Dec 01, 2022 | Refinancing a Home
With home prices skyrocketing over the past few years, more first-time buyers are enlisting the help of more seasoned homeowners - namely their parents or grandparents - to be co-borrowers with them. In fact, since 2020, the percentage of young adult buye
Nov 29, 2022 | Purchasing a Home
Thanksgiving is a wonderful holiday that gives us the opportunity to express our gratitude to all of our family, friends and clients. All of us at Preferred Mortgage Bankers, LLC (NMLS 1020907) would like to wish you a Happy Thanksgiving and to let you kn
Nov 24, 2022 |
When you are applying for a home loan, you are generally concentrating on the principal and interest charges that will make up your future mortgage payment. However, there is another cost that may be harder to determine at the outset of your loan: your pr
Nov 22, 2022 |
If you are a military member or retired veteran looking to get a mortgage, one of the best available is the VA loan. Sponsored by the Department of Veterans Affairs, these mortgages offer incredible terms to give you a leg up in homeownership. Here are 8
Nov 17, 2022 | VA Loans
Not all homeownership looks like a single-family home with a white picket fence. There are all sorts of property types to help Americans realize the dream of becoming a homeowner. Condominiums, also known as condos, can be the perfect option for those who
Nov 15, 2022 | Purchasing a Home