Mortgage Interest

The mortgage interest deduction is a popular tax break that allows homeowners to write off the home loan interest they pay each year.  But what about considering the deduction for a second home? What qualifies for the mortgage interest deduction? And more importantly, can you deduct mortgage interest on a second home? The short answer...

Buying a home can be challenging. From figuring out the right time to buy a home to figuring out how to buy a home (all while learning insider mortgage lingo in your spare time), it’s a lot.  It may look like madness, but, trust us, there’s a method to the “madness.”  Your home (because we...

Picture this: You found the perfect home. You qualify for the loan. You’ve got a pen in your hand, you’re ready to sign your mortgage loan, and then your lender starts talking about your amortization schedule. If you’re like a lot of us, you probably start to wonder what an amortization schedule is and why...

There are a lot of numbers involved in buying and owning a home, like your credit score or debt-to-income (DTI) ratio. Another equally important number – not only when you buy your home, but throughout homeownership – is your loan-to-value (LTV) ratio.  Whether you’re looking to become a homeowner or already own a home, it’s...