Whether you’re a seller hosting an open house or a buyer looking to purchase a home, it’s important to be well-informed about the overall process to ensure an effective use of your time and money. Review our tips for a [...]
We know mortgages can get a little confusing sometimes! Here are some of the most frequently asked mortgage questions and our answers. How do I know what price range is right for me? At Direct Mortgage Loans we can help [...]
A mortgage rate buydown, or ‘buydown’ for short, is when a borrower pays more money upfront to secure a more manageable, lower interest rate for the first few year(s) of their mortgage. For example, in a 3-2-1 buydown, a homeowner [...]
As scams are on the rise, it is increasingly important to ensure your mortgage lender is trusted, legit, and credible prior to working with them. Scammers are out there waiting for their next victim. We don’t want you to be [...]
When it comes to mortgage rates, it’s all about perspective. Rates have certainly risen since the start of the year, but they’re still low when you look at where they have been in the past.* According to Freddie Mac data, [...]
For many, saving for a down payment is one of the most challenging parts of buying a home. Believe it or not, grants (money you sometimes don’t need to repay) exist to help homeowners purchase a house. There are a [...]
Buying a home is an investment, so you must treat it like one. The best step you can take is to become knowledgeable about the process. To learn about home buying, watch our informative videos here! When submitting an offer [...]
Whether you have just started the mortgage process or are making plans to buy a home, be cautious of some common mortgage scams. Avoid getting swindled, and minimize your risk during the mortgage process by educating yourself on the topics [...]
As a lending partner of the Fraternal Order of Police, Direct Mortgage Loans is proud to make homeownership possible for hose in law enforcement. Did you know we offer exclusive mortgage benefits to our FOP members? Overview of the FOP [...]
What type of home suits your needs best? When finding a home, there are many types of "homes” to consider. It is incredibly important to start the house search process with a good understanding of the home that will best [...]
