Is it Smart to Roll Closing Costs into Your Loan?

Is it Smart to Roll Closing Costs into Your Loan?

Closing costs can be an expensive part of buying a home. In addition to saving for your down payment, you need to save for closing costs, too. They can vary depending on where you live, but they’re generally between 2 and 5% of the total loan. On a $250,000 loan, that...
Getting a Mortgage on a Multi-Family Property

Getting a Mortgage on a Multi-Family Property

Have you known someone who has bought a multi-family unit and then lived in part of it while renting out the rest? It’s pretty cool to have someone else paying part or all of your mortgage. But getting a mortgage on a multi-family unit isn’t the same as getting a...