Hidden Costs of Home Ownership

Hidden Costs of Home Ownership

There is little doubt that when you are saving money to buy a home, one consideration is the overall cost of the home and what rate of interest you are…

Florida Flood Insurance

Florida Flood Insurance

Florida residents are often plagued with tropical storms and hurricanes. Several areas of Florida fall into areas known as flood zones, meaning that lenders will require homeowner’s to carry flood…

A Variable or Fixed Rate Mortgage?

A Variable or Fixed Rate Mortgage?

Whether you are purchasing a home or refinancing a home, you will be faced with several decisions. One of these decisions is whether to apply for a variable rate (or…

Mortgage Amortizations, 15 or 30 year?

Mortgage Amortizations, 15 or 30 year?

Whether you are buying a home or you are refinancing, one of the important decisions you will have to make is your loan term. For most borrowers, a fixed-rate loan…

Condotel explained by a specialist in Naples, Cape Coral and Fort Myers Mortgages

Condotel explained by a specialist in Naples, Cape Coral and Fort Myers Mortgages

Many people are surprised when they find out the home they are considering purchasing is a condotel. These units are specifically classified and require a non-warrantable condo mortgage. However, a…