01 Mar 2018
By RESCO Realty

Current Servicemember or Veteran? 4 Reasons Why a VA Home Loan Is an Excellent Choice

Home Mortgage Tips,
Are you current or former member of the US military service who is looking to buy a new home? If so, you will be pleased to know that there are some special mortgage programs that are open to you. Let's take a look at five reasons why a mortgage backed by the Department of Veterans Affairs is an excellent choice when buying your new home. You Can Borrow Up To 100% Of The Home's Value You read that correctly! VA-backed mortgages are available to you even if you choose to put no money towards your down payment. This can be…
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21 Feb 2018
By RESCO Realty

The 4-Step Financial Checkup to Get Ready for a Mortgage This Year

Home Mortgage Tips, ,
Are you ready to join the ranks of homeowners in our local community? Congratulations – homeownership is a big step towards building your net worth and financial freedom. However, it is also a significant transaction that will affect your finances for the foreseeable future. Let's take a look at a quick four-step checklist that will help you to get ready to buy a home with a mortgage this year. Step 1: Set Up A Monthly Budget It might sound a little basic, but the best first step is to commit to a monthly budget. After you buy a home using…
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02 Feb 2018
By RESCO Realty

Renovating in 2018? Cash-out Mortgage Refinancing Might Be the Best Way to Fund It

Home Mortgage Tips, ,
If you are a homeowner thinking about a significant home renovation in 2018, you have probably already considered your budget. As with any large project, you need to have the ability to pay the expected costs plus have a little bit extra set aside, just in case. The great news is that if you are a homeowner with a mortgage, you may qualify for cash-out refinancing, which can be a helpful way to leverage some of your home equity to cover renovation costs. In today's blog post we'll explore the topic of cash-out refinancing and how this unique financial product…
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