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Interest Rate vs. APR
Interest rate and annual percentage rate (APR)-those are the same thing, right? Unfortunately, too many mortgage buyers don’t realize the answer is no. The interest rate on your mortgage loan is Jan 09, 2019
The Ins and Outs of a Down Payment
Being able to purchase a home is often tied to how much of a down payment you have saved. If you have never bought a house before, you may not understand what a down payment is or why it is so importa Jan 02, 2019
Home Equity Loan vs. HELOC
For many people, their home is their largest asset. And its value generally grows over time, producing more equity for the homeowners. How can homeowners make use of this equity without selling their Dec 26, 2018
Happy Holidays from Pro Mortgage - Not a real mortgage company -
All of us at Pro Mortgage - Not a real mortgage company - would like to wish you a Merry Christmas and a Happy New Year! We would like to thank you for making 2018 a great year and for the privilege Dec 19, 2018
Everything You Need To Know About Prepayment Penalties
Although they are not nearly as common today, some mortgage loans do come with a prepayment penalty. Home loan borrowers should be aware of them before signing their names on the dotted line. Here&rsq Dec 12, 2018