Category Archives: Mortgage

5 Tips Every First Time Homebuyer Should Know

By: Chad Miller, AVP – Mortgage Banking In today’s low interest rate environment, buying a home can be a smart move and a great investment as long as you know what you’re getting into by becoming a home owner. Here are some tips to get you started before you decide to dive into homeownership head […]

Don’t Let PMI Break Your Budget

  PMI is one of those elusive mortgage terms that few people truly understand. PMI, or Private Mortgage Insurance, is put in place to protect a lender in case a borrower fails to pay their mortgage. Not everyone is required to carry PMI when taking out a mortgage. It is only necessary for mortgages with […]

Why You Can’t Forget About These 6 Home Buying Considerations

Purchasing a home, whether it is your first or fourth, is a monumental point in your life. It is one of life’s complex processes, that, when done right, can be full of excitement. However, buying a home can become tedious, stressful and downright awful if you haven’t prepared for it correctly.   At FNB Fox […]