Most mortgages are paid monthly, but you likely do have the option to make more frequent payments, which could save you tons of money on interest over the life of your loan and help you pay your loan off faster.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

A VA loan are mortgage loan is backed by the Department of Veterans Affairs and available to active duty military service members and veterans. The huge draw for service members to utilize a VA loan is that it typically has a lower interest rate, there’s no down payment required, no cap on how much you can borrow, and there will be no mortgage insurance tied to the loan.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

It’s voted the best investment time and time again. Why? Consistent returns, long term appreciation, and the ability to control your own asset.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

If you’re looking to purchase a home in a more costly area, for example New York City or Hawaii, you may need a jumbo loan. A jumbo loan is a mortgage used to finance properties that are more costly than conventional ones. These products come with their own requirements, of course, along with some specific terms since they can be more risk-prone for lenders.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

Adjustable Rate Mortgages, ARMs, typically allow you to lock in a lower introductory rate for a set period of time, after which your rate will adjust based on market conditions. Since you don’t know where the market will go after your initial introductory period, there is a bit of risk involved in going with an ARM. There are certain scenarios that could make you an ideal candidate for an ARM.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

Interest rates change frequently because they are affected by many different economic factors – like inflation, the Federal Reserve’s rate, economic growth, and housing conditions. The interest rate offered to you is based on all that plus your downpayment amount, credit score, loan amount, debt-to-income ratio (DTI), and your overall financial situation.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

How does the Federal Reserve’s interest rates affect mortgage interest rates? Historically, when the Fed increases their interest rate, it is likely to cause a mortgage rate increase, but it’s not guaranteed. On occasion, these have gone in opposite directions. The Fed’s rate is only one factor of the economy affecting the daily rise and fall of mortgage interest rates.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

You definitely need a realtor when buying a home. They handle the contracts, have much better access (allowing you to see more homes), come with a whole network of resources, are expert negotiators, and they know how to handle whatever surprised might come up in the process. Trust me, you don’t have to (nor want to!) figure all this out on your own. A good Realtor is invaluable to, not only the actual process of buying a home, but to your peace of mind as well. And I just so happened to know tons of great ones in your area and would love to make a recommendation.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

If you’ve found a home that has the bones you need – location, layout, land – but it’s not quite your dream home, consider creating the home of your dreams with a renovation loan. A renovation home is based on the future value of the home – after renovations are complete – not its current value. This gives you significantly more borrowing power to make a good home the absolutely perfect one.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.

Mortgage points are loan discount points that allow you to pre-pay interest. This means you pay more upfront, but your monthly payments will be lower. There are certain factors that make this a good – or bad – idea for buyers, so be sure to talk to you loan officer about your options.

We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy their dream home. For more information on conventional loans, or to apply for a loan, contact Rob Yo The Mortgage Pro at (919) 322-8201 or fill out the form on this page.