by rivercity | May 27, 2021 | First Time Home Buyer
The more money you have available to use as a downpayment, the less of a mortgage you will need. But how much is really enough? Saving money to buy your first home can seem like an impossible task, but a first-time homebuyer down payment may not need to be as big as...
by rivercity | May 25, 2021 | Personal Finance
This debt consolidation guide is intended for anyone who wants to bring their debt payments under control but unsure of the available options. In this debt consolidation guide, we’ll dig into four key areas: What is debt consolidation? When should you...
by rivercity | May 18, 2021 | FHA Loans
FHA streamline refinance refers to a mortgage refinancing program backed by the Federal Housing Administration (FHA). “Streamline” refers to the reduced documentation and underwriting requirements. An FHA streamline refinance loan requires less credit...
by rivercity | May 15, 2021 | Personal Finance
The New York Federal Reserve recently released its Quarterly Report on Household Debt and Credit. In it, they reported consumer debt in the United States increased by more than $85 billion in the third quarter of 2020, hitting an all-time high of $14.35 trillion. With...
by rivercity | May 11, 2021 | Refinancing a Mortgage
Did you know you can use the mortgage refinance of your current home to buy another property, such as a vacation or rental property? Using the equity you’ve built up in your home toward the down payment of an investment or other property is a low-cost,...
