by CTadmin | Jun 10, 2021 | Blog
A small business loan can make a big difference. Whether you want to grow your business, make your operations more efficient, invest in marketing, or another initiative, sometimes all you need is the funding to pay for these endeavors. The first step in securing a...
by CTadmin | Jun 3, 2021 | Blog
Government-backed loans can help borrowers become homeowners with less than perfect credit and lower down payments. Take a look at the loans described below to see if any of these mortgage programs may help you buy the home of your dreams. VA LOANS The 1944 GI Bill...
by CTadmin | May 28, 2021 | Blog
If you currently have a mortgage backed by the Department of Veterans Affairs and are looking to refinance, you may qualify for a VA Interest Rate Reduction Refinance Loan (VA IRRRL). Many veterans find VA IRRRLs to be an effective method of saving money on their...
by CTadmin | May 20, 2021 | Blog
Homeownership is a milestone that many people strive to achieve. But despite the benefits that come from buying a home, doing it at the wrong time can have adverse financial consequences. So before deciding to purchase a home, check to see if you meet these five...
by CTadmin | May 14, 2021 | Blog
Refinancing is when you replace your current mortgage with a new home loan. With your new mortgage,you may be able to secure a lower interest rate and change the length of your loan, both of which can impactyour monthly payments. There are many reasons why refinancing...
by CTadmin | May 6, 2021 | Blog
When you purchase a home, your down payment isn’t the only thing you need to pay at the closing table – you’ll need to pay closing costs too. This may come as a surprise to many first-time homebuyers, so we’re bringing you a breakdown of what closing costs...
by CTadmin | Apr 5, 2021 | Blog
PMI (Private Mortgage Insurance) is an important component of many mortgages. If you’re a first-time homebuyer, and you’re not expecting it, PMI may come as a bit of a surprise and might leave you wondering what exactly is PMI and what it will cost you. Keep reading...
by CTadmin | Mar 19, 2021 | Blog
Myth #1: Looking at homes is the first step in the homebuying process. When someone is interested in buying a home, usually the first thing they do is start looking at properties. But remember, most people need to take out a mortgage to purchase the house and would...
by CTadmin | Mar 9, 2021 | Blog
An FHA loan allows borrowers to buy a home or refinance with less stringent financial requirements. If you have a lower credit score, debt, or even a bankruptcy on your financial record, you still may be able to qualify for an FHA mortgage. Let’s take a closer look at...
by CTadmin | Feb 25, 2021 | Blog
When it to comes to mortgages, your credit score is a critically important factor on whether or not you will be approved for a loan, and the interest rate and terms for which you will qualify. Good credit is more likely to secure a loan with favorable terms and...
