Deciding which type of loan is right for you largely depends on your needs and spending habits. There is some confusion with regards to a second mortgage and home equity line of credits. While both types of loans let you borrow against the equity … [Read more...] about Second Mortgage or Home Equity Line of Credit: What is the Difference?
People looking to buy a house often worry about the down payment with the infamous "20% take it or leave it" deal. First, that 20% isn’t standard. According to the National Association of Realtors, the average downpayment for 2019 was 12%, and for … [Read more...] about Is A Big Down Payment Always A Good Idea?
Before you opt for an FHA lender and sign the papers, check out Sean Z’s guide to choosing the right one for you! An FHA loan is a loan issued by the Federal Housing Administration, an organization that enables lenders to offer very competitive … [Read more...] about Not All FHA Lenders Are The Same: How To Find The Right One For You
The terms "consolidation" and "refinancing" are often used interchangeably, but they are not the same. It’s helpful to understand the difference. Consolidating a loan refers to taking multiple loans and merging them, while refinancing involves … [Read more...] about Should I Consolidate My Loan? 4 Factors To Consider
What a lot of people don’t know is that mortgage pre-approvals come with an expiration date! One of the most difficult and stressful parts of buying a new home isn’t finding the perfect place for you and your family to move into. For a lot of … [Read more...] about Preapproved For a Mortgage – How Long Do I Have Until It Expires?
The Sean Z Team will help you decide if refinancing your home now is the best financial path for you. Wondering if you should refinance your home in St. Louis? Mortgage rates are near historic lows, so many people choose to refinance their homes … [Read more...] about When Is The Right Time To Refinance? Our Top Tips