Loan Options | First Heritage Mortgage

7 Reasons Your Mortgage Was Declined

Being told that your mortgage was declined can leave you feeling disheartened. While it may be frustrating, it can be an important learning experience for you as a homebuyer. Mortgages can be declined for a number of reasons, but once…

5 Reasons You Need to Talk Your Lender First

Post Before beginning the home search, talking with a lender is a crucial move. Not only will you know the exact amount of home you can afford, but you’ll also have all your necessary documents in order which gives you an…

FHA 203(k) Loans: Standard vs. Limited

Post If you are looking to make some renovations or even build your dream home from the ground up, then you may want to know about construction loans. Construction loans are great financing solutions that provide homeowners with the tools and…

How a Fixed-Rate Mortgage Works

Post When you get a mortgage, there is much to consider. One of the biggest decisions a borrower will make is whether to choose a fixed-rate mortgage, or an adjustable-rate mortgage (ARM). While both loans have their benefits, you should begin…

How Adjustable Rate Mortgages Work

Post As a homebuyer, when it comes time to choose a financing solution for your new home or refinance, it’s not uncommon to be paralyzed by the number of options available. Between everything you need to know about home appraisals, title…

Navigating the Homebuying Journey: A Guide for the First-Time Homebuyer

Post For many home buyers, buying a home can be a huge burden. If you’re a first-time homebuyer, this milestone can be an especially stressful and overwhelming time. Fortunately, with help from the right lender, you can navigate the road to…

5 Things You Should Know Prior to Making a Down Payment on a House

Post Are you a home-buyer trying to figure out how much you should put down on your house? Buying a house can be overwhelming, and making your down payment can be especially stressful if you don’t have all the correct information.…