Home Owner Archives - Alabama Mortgage Lender - American Portfolio Mortgage Company

When Should I Consider a Cash Out Refinance

by Jerromy Downey | Mar 15, 2024 | Home Owner, Mortgage, Refinance, The Shoals

“When Should I Consider a Cash-Out Refinance? So, you’re a homeowner. Maybe you’ve been in your cozy abode for a while now, or perhaps you’re just starting to nest. Either way, there comes a time when you might consider a cash-out refinance....

The Power of Co-Signing on a Mortgage in Alabama

by Jerromy Downey | Mar 1, 2024 | Buy A Home, FHA, First Time Buyers, Fixed Rate, Home Buying, Home Owner, Home Purchase, Mortgage, mortgage lender, mortgage lending, The Shoals

The Power of Co-Signing on a Mortgage in Alabama If you’re exploring the world of mortgages, you might have come across the term “co-signing” at some point. But what does it really mean, and how does it work? As your local mortgage pro, let me guide...

Importance of your Credit Score. Home Buying

by Jerromy Downey | Feb 20, 2024 | Buy A Home, Credit, Home Buying, Home Owner, Home Purchase, Mortgage, The Shoals

Mastering Your Mortgage Journey: The Importance of FICO Score 8 Understanding your credit score is crucial, especially when it comes to significant financial decisions like applying for a mortgage. Among the various credit scoring models out there, one of the most...

Mortgage rates are dropping

by Jerromy Downey | Dec 15, 2023 | Buy A Home, First Time Buyers, Fixed Rate, Home Buying, home loan, Home Owner, Home Purchase, Mortgage, mortgage lending, Mortgage Rates, The Shoals

Mortgage Insights: Today’s Fed Pause and What It Means for Homebuyers Mortgage rates often dance to the Federal Reserve’s tune, and today’s news of the Fed pausing interest rate hikes could mean good things for anyone eyeing a home purchase or considering...

Veteran Home Loans. Common Mistakes

by Jerromy Downey | Nov 9, 2023 | Buy A Home, First Time Buyers, Fixed Rate, Home Buying, home loan, Home Owner, Home Purchase, housing, mortgage lender, mortgage lending, VA

Avoid These Common Mistakes When Buying a Home: Tips for Veterans Buying a home can be a thrilling yet overwhelming experience, especially for veterans transitioning from military to civilian life. As a veteran, you’ve faced countless challenges during your...

Multi Generational Homes. Your Alabama Home Loan Expert

by Jerromy Downey | Oct 25, 2023 | Buy A Home, Home Buying, home loan, Home Owner, Home Purchase, Mortgage, mortgage lender, mortgage lending, Pre-Approval, Uncategorized

Embracing Affordability and Togetherness: The Benefits of Buying a Multi-Generational Home In today’s world, where the cost of living seems to be perpetually on the rise, many families are seeking creative solutions to address the issue of housing affordability....