Read the latest news from Ameritrust Home Mortgage
How much cash will you need to pay for upfront expenses when buying a home? From earnest money to inspections to closing costs, we break it down here.
Learn how money from family members can help you open a new door.
Good credit, low debt, and a steady income could get you low interest rates and terms.
While no one has ever said buying a home is a simple process, wouldn’t it be nice to reach out and press the “easy” button when it comes time to qualify for your mortgage. If you’re an active member of the military - or a veteran - qualifying for a VA home loan might be the next best thing.
Are you looking to buy a new car, apply for a mortgage or pursue a new career opportunity anytime soon? Then you may also know that your ability to secure a loan, a low interest rate, and even that coveted new career position, is dependent upon a vital piece of financial information – your credit score.
With interest rates the lowest they’ve been in a while, you may be thinking about refinancing your existing mortgage into a new one. As a homeowner, there are good reasons to consider this option: to get a lower interest rate, to drop private mortgage insurance, or to pull cash from your home’s equity to consolidate debt or make home improvements. The short answer, of course, is to have more money each month for groceries, car payments and the orthodontic’s bill.
If you’re dreaming of owning your own place but finding it hard to save for the down payment, we’ve got good news. As a California resident, you may qualify for one or several down payment and closing costs assistance programs designed to make homeownership more affordable.
Buying a house can leave you feeling overwhelmed and under-informed. Not only are you spending every waking hour searching for your perfect home, you also have to think about how you're going to pay for it. And when choosing a mortgage, it's important to find one that works with your budget now, and also 15- to 30-years down the road as well. Because the world of home financing can be a confusing one, let's take a look at two of the most popular loans in the housing market: Conventional and FHA.
Is it time for you to get out of the rent race and buy a home of your own? There are plenty of advantages to homeownership. And while buying isn’t right for every person or for every life stage or circumstance, there are several perks of homeownership that tend to stay stable over time. These include building long-term equity, the comfort and pride that can be associated with owning your own home and, of course, lower overall monthly cost.
Life is busy. Kids, work, meals, appointments - the list goes on. And no matter where you live, you also have to spend time keeping your home safe and running smoothly. We've put together a Yearly Homeowner's Checklist, with tasks for each month, to help remind you of common home maintenance chores to make your life just a little bit easier.