The type of property you’re purchasing affects both your interest rate and your eligibility for a mortgage interest deduction. There are three ways the property you’re purchasing can be classified: a primary residence, a second home or an investment property.
Primary Residence
Primary residences qualify for the lowest mortgage rates. In order for a home to qualify as your primary…
What’s the Difference Between a Primary Residence, Second Home and Investment Property?
How to Get a Loan When You are Self-Employed
The unreliable income of the self-employed (whether that unreliability is actual or perceived) can make it difficult to get a loan because underwriters perceive you as a greater risk than someone with a steady salary. But you don’t have to face automatic rejection; instead, consider the following to maximize your chances of securing a loan:
What type of loan are you trying to get?
T…
How To Go Green at Home – 7 Ways
Whether it’s a deep forest green or a pale mint green, going green is important as a homeowner. Not enough people realize the benefits of transforming their homes into eco-friendly zones! Not only can green home improvements save time and money, but they can reduce carbon footprints and contribute to a cleaner and safer community for everyone.
If you’re looking to conserve energy, her…
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