If you’re a first-time homebuyer, understanding what goes into your monthly mortgage payments can be confusing. Your mortgage monthly payment consists of four different components, known as PITI for short. What does PITI stand for? Principal. Your principal balance is…
A mortgage pre-approval is important to the home buying process. But what is a pre-approval? What does it mean to you as a buyer? Is is the same thing as a pre-qualification? Here are the answers to frequently asked questions…
Are you wondering what to do with this year’s tax refund? Check out a few options that you may want to consider when deciding where to invest your tax refund. Pay off high interest debt. Many of us have credit…
Mortgage refinancing can lower your monthly payments, which can add up to significant savings. Knowing your options is important, we can help! Pay off those higher-interest debts by refinancing to a lower rate. Even with less-than-perfect credit, we may be…
Paying off your mortgage faster is easier than you think. The shorter the term on your mortgage, the lower your mortgage rate. Did you know that you can take advantage of today’s low rates by shortening the term of your…
When reviewing your mortgage options, there can be a lot of terms thrown around. You may see the term "fixed-rate mortgage" when reviewing your loan options. But what exactly is a fixed rate mortgage? A fixed-rate mortgage is a loan…
For homebuyers, the decision of how much money to use towards a down payment can be very difficult. The right amount for buyers depends on their particular financial situation and personal preference. The Bad The downside of a low down…
Question: Should I get pre-approved for a mortgage? Answer: Yes. Getting pre-approved for your mortgage should be one of the very first steps in your home buying process. And with our new online application, HUNT Mortgage Engine, it’s never been…
There are a lot of documents you’ll be asked to provide when applying for your mortgage. Familiarizing yourself with what you need will help you prepare so you can move along through the mortgage process as quickly and smoothly as…