Pearson Smith Realty, LLC
Lou Casciano, Pearson Smith Realty, LLC
Email: [email protected]

Tag: Mortgage

Posted on 07/19/2020
What You Should Know About Paying Your Mortgage Off Early
Image by Nattanan Kanchanaprat from Pixabay Owning a home can be an amazing experience. But interest from your mortgage accumulates over time, leaving you to seemingly pay an arm and a leg to finance your home. But while you may think that paying off your mortgage early is a great idea, that isn’t always the case. You May...
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Posted on 04/05/2020
Pros and Cons of Balloon Mortgages
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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Posted on 11/17/2019
Prequalified vs Preapproved: Tips On Securing a Mortgage Before Buying a Home
If you’re a first-time homebuyer, odds are you’ve thrown the words “prequalified” and “preapproved” interchangeably. However, when it comes to home loans, there are some very important differences between the two. For buyers hoping to purchase a home with a few missteps and misunderstandings as possible, it’s vital to understand the procedures involved in acquiring financing for a home....
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Posted on 05/19/2019
Bad Habits That Can Affect Getting Mortgage
Securing a mortgage can be quite challenging if you do not meet specific requirements and demands made by the lenders. But really, you can’t blame lenders or mortgage companies for setting up these rules. Most of these demands are made to ensure the borrower can repay a loan without too much of a problem. Everyone has one or...
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Posted on 05/12/2019
What to Know About Alternative Mortgages
Over the years, mortgage options were likely limited to what a person's local bank was willing to offer him or her. But today's new marketplace provides several fresh opportunities. With the continuous influx of alternative lenders, many homebuyers are now fully ready to connect with lenders all over the nation. Online, they can check out several loan systems...
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