home loan

Employee Resignation Checklist: What to Do Before Quitting Your Job

If you’re ready to say goodbye to your 9-to-5, you’re not alone. Millions of workers have quit their jobs in 2021, prompting the term “the Great Resignation.” Countless others are considering making that move. According to the Society for Human Resources Management, more than 40% of U.S. workers are actively seeking or plan to soon […]

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

When to Count Your Home Equity as Part of Your Net Worth

Your home may be your largest asset, but should you include it in your net worth calculations? In some situations, it’s a good idea, and in others, not so much. Some say you should list all assets as part of your net worth, including your home. Others contend that you have to live somewhere, and […]

The post When to Count Your Home Equity as Part of Your Net Worth appeared first on SoFi.

It’s Mortgage Principal, Not Principle

Principal vs. Principle Attention loan officers, mortgage brokers, real estate agents, and so on The words “principal” and “principle” are two very different words They are constantly used incorrectly by those working in the housing industry Even by major mortgage companies and journalists that should know better! Allow me to get testy about grammar for… Read More »It’s Mortgage Principal, Not Principle

The post It’s Mortgage Principal, Not Principle appeared first on The Truth About Mortgage.

What Is Lender-Paid Mortgage Insurance? First Of All, You Still Pay For It

Mortgage Q&A: “What is lender-paid mortgage insurance?” Several years back, a rule went into effect that made mortgage insurance permanent on most FHA loans for the entire life of the loan. Ouch! Before this game-changer, FHA loans were the cat’s meow because of the low mortgage rates offered, coupled with mortgage insurance premiums that were… Read More »What Is Lender-Paid Mortgage Insurance? First Of All, You Still Pay For It

The post What Is Lender-Paid Mortgage Insurance? First Of All, You Still Pay For It appeared first on The Truth About Mortgage.

Should I Pay Off Debt Before Buying a House?

Ready to buy your own home? There’s a lot to consider, especially if this is your first time applying for a mortgage and you’re carrying debt. Debt is not necessarily a dealbreaker by any means. Is it a good idea to pay off debt or save for a house? Is it possible to do both? […]

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7 Painless Ways to Pay Off Your Mortgage Years Earlier

Here’s how to free yourself from your biggest debt faster than you would think possible.

74% of Homeowners Likely Are Making This Big Mistake

The decision not to refinance their mortgages likely has been costly for millions across the country.

7 Times When It’s Smart Not to Pay Off Your Mortgage Early

Sometimes, you can save money — or even build wealth — by paying down a mortgage slowly.

3 Ways to Protect Your Escrow Deposit

You’ve handed over a chunk of money to show your interest in a home purchase. Make sure you don’t lose it.