Home Loan Options in Alabama and Mississippi
Home Loan Options in Alabama and Mississippi In today’s economy, choosing a home loan may appear more daunting than ever. This is why it is even more important to partner with a local, knowledgeable lender like Jerromy Downey. If you are looking to purchase a home in...Alabama and Mississippi Homeownership
Celebrating Homeownership Month! JUNE 6, 2022 Owning a home carries many more benefits than financial security In the wild world of real estate, sometimes it’s easy to think, “Why bother?” It can be an overwhelming process and make you second guess everything....Preparing for the Unexpected: The Hidden Costs of Buying a Home
The real estate market is still hot, in many areas. Homes are being purchased within days of listing. As exciting as it is to take the leap into homeownership, it’s important to have a realistic idea of the costs associated with buying a new home before you take that...
What Does Closing on a Home Entail?
The final step in purchasing a home with a mortgage is called “closing.” If you’re not a first-time home buyer, you probably are already well familiar with the closing process and what it can entail. But if you are purchasing your first home, you may...
Benefits of Mortgage Pre-Approval
As a homebuyer, you probably have heard the word “pre-approval” more than a few times. But what does it mean to be pre-approved for a mortgage? How important is it? In this article, we’ll explore the advantages. Prequalification vs. Pre-Approval First, it is important...8 Questions First-Time Homebuyers Should Ask Their Mortgage Company
Becoming informed as a first-time homebuyer is the key to making sure that you are getting a competitive loan. And what is the key to becoming better informed? Asking lots of questions. Below are some recommended questions to ask the Alabama mortgage company you have...
How Frequently Does the Interest Rate of an ARM Change?
Are you thinking about getting an adjustable rate mortgage (ARM), rather than a fixed rate home loan? If so, you might be wondering how often the interest rate of your ARM will change. Ideally, you want to think about getting an ARM temporarily. A perfect scenario...
Advantages of a USDA Loan in the Tri-Cities
If you are looking for an opportunity to lower your down payment while purchasing a home in the Shoals, you should look into the USDA rural housing loan program. USDA mortgages are insured by the US Department of Agriculture. With a USDA loan, you can purchase a...
Top VA Loan Mistakes
If you are going to be applying for a VA mortgage, you will want to make sure that you avoid common mistakes which can cause delays in the process or result in other inconveniences along the road to homeownership. Following are some common mishaps to steer clear of....Contact Us
The Mortgage Link is a mortgage lender. NMLS ID#1133054 (www.nmlsconsumeraccess.org). 861 Co Hwy 356 Hamilton, AL 35570. (205) 495-0313. For licensing information, go to: www.nmlsconsumeraccess.org. Not licensed in all states.
