Call Now

Apply Now

View Location

Get Directions

Archive | Indianapolis RSS feed for this section

What is the Difference Between Interest Rate and APR?

What is the Difference between Interest Rate and APR?

When purchasing a home, there are many new terms to learn. PMI, escrow, earnest money, and the list goes on and on. Two particular terms that can trip people up are interest rate and annual percentage rate, or APR. Why are there two different rates? Why is one higher than the other? When looking at […]

Read full story Comments are closed
How Appraisal Gaps Affect Your Mortgage

How Appraisal Gaps Affect Your Mortgage

Today’s housing market is a little crazy, to say the least. We’re seeing many changes in interest rates and costs of homes being listed. There is currently less supply than there is demand. A market like this, along with rapid changes, makes appraisal gaps much more common. What is an appraisal gap, and how does […]

Read full story Comments are closed
Is Buying a House Cheaper than Renting?

Is Buying a House Cheaper Than Renting?

The bulk of most individuals’ money each month goes to keeping a roof over their heads. Whether through renting or buying, we all need a place to hang our hats, so to speak. And while there are an incredible number of factors that go into that decision, there are advantages and disadvantages to both options. […]

Read full story Comments are closed
How to Buy a House Out of State

How to Buy a House Out of State

Are you relocating to Indiana from another state? Buying a house long distance can be a tricky process, especially if you’re comparing your experience to those portrayed on HGTV. Unfortunately, it’s rarely feasible for a homebuyer to make several trips to their desired location to look at houses multiple times and get the full house […]

Read full story Comments are closed
How Much Does Owning a Home Cost?

How Much Does Owning a Home Cost?

If you are currently renting a home or apartment, you may be wondering if you are paying more in rent than you would if you had a mortgage. Often, rent prices are higher than a monthly mortgage payment, and this leads renters to believe that owning a home would be cheaper in the long run. […]

Read full story Comments are closed
Everything You Need to Know About Closing Costs

Everything You Need to Know About Closing Costs

If you are in the process of buying your first home, you may think it’s as simple as finding a monthly mortgage you can afford. However, there are costs associated with buying a house that go beyond your mortgage payment, and they are referred to as “closing costs.” Today on the blog, our team at […]

Read full story Comments are closed
Benefits of Home Ownership

3 Benefits of Home Ownership

Home ownership has changed in the United States over the past several years. The generations labeled “Millennials” and “Gen-Z” are putting off buying their first home and choosing instead to rent or live in alternative housing like RVs. However, owning a home is about more than just a roof over your head and actually provides […]

Read full story Comments are closed
Mortgage Calculators

Are Online Mortgage Calculators Accurate?

House shopping has changed over the years. Potential buyers used to be at the complete mercy of their realtor to find homes to look at. However, in our modern age of technology, you can view homes online, through several different apps, or even on Facebook! With all that information at our fingertips, it’s no wonder […]

Read full story Comments are closed
Unconventional Ways to Find a House

3 Unconventional Ways to Find a Home

If you’ve spent any time house hunting in the past year, you know that the market is super hot for sellers, but a little tricky for buyers. Homes are selling very fast and almost always include intense bidding wars between potential buyers. If this idea seems overwhelming or discouraging to you, you might consider alternative […]

Read full story Comments are closed

Is It Time to Downsize?

When it comes to homes, bigger isn’t always better. It’s much more important that your house fits your lifestyle and current circumstances than it be a big, impressive size. However, moving to a smaller home can be an uncomfortable thought. If you’re used to a large home, you might feel cramped in a smaller one. […]

Read full story Comments are closed