Tag Archives: mortgage

Buying vs. Renting – When is it time to take the plunge into homeownership?

  By: Drew Bodway – Assistant VP Mortgage Lending   You’ve graduated from college, landed a job and have really grown to like where you live. You think you might like to settle down here, but can’t imagine trying to take on a mortgage payment right now.   The truth of the matter is that […]

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 […]