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Refinancing: Does it Make Sense to Refinance My Current Mortgage Loan?

Key Article Takeaways Refinancing definition Should I refinance my mortgage? Rate and term refinance v. cash-out refinance You took out a mortgage loan on a home a few years ago but now your financial situation has changed. At...

What is a Mortgage: Understanding the Definition, Rates and Types

Key Article Takeaways What is mortgage definition Understanding mortgage rates Common types of mortgage If you're getting ready to purchase a home, you'll need to understand mortgage basics first. Here at LendingMan, we simplified the loan learning process...

How to Prepare Financially When Buying a Home for the First Time

Key Article Takeaways Getting your finances in order Budget factors Learning about loans while finding the perfect home It’s a big and exciting step to transition from renting a home to owning one. However, being a first-time home...

5 Tips to Get a Better Home Purchase Price

Looking to get a better home purchase price on your dream home? Well it is important to keep in mind that no real estate price is set in stone. There is always room for negotiation,...

Budgeting 101: Determine What You Can Afford

When taking on a new mortgage, it is important to know that you can afford to carry the debt load involved, as many people find themselves in financial trouble by spending more on real...

Credit Score: How to Get Excellent Credit

Imagine that you've found the perfect home and are ready to apply for financing. Your home loan approval amount comes back lower than you would have expected and at an interest rate significantly above...

Mortgage Refinancing: It Pays Off

To refinance a mortgage means to pay off your existing loan and replace it with a new one. Depending on your financial situation, mortgage refinancing pays off. There are many reasons why homeowners opt to...

Refinancing Your Home: What to Ask?

Refinancing your home might be a great way to save money or tap into the capital needed to pay off large debts. However, a refinance can also be an expensive endeavor, and you could...

Buying a New Home vs Buying Pre-Owned: Pros and Cons

Are you thinking about buying a new home? Congratulations! Buying a house, condo or townhouse is an exciting and rewarding time which tends to be a lot of fun. However, along the way you'll need...

4 Best Ways to Save for a Down Payment

In order to save up a huge amount of cash for the down payment on your first mortgage, you need a solid savings plan! Most financial experts recommend that you should save up at least...