Keystone Alliance Mortgage Blog

saveorpaydebt

Should I Pay Back Debt or Start Saving?

Friday Nov 17th, 2017

To pay off debt, or start to save: that is the question. Common advice and some simple math will probably lead you to believe that paying off debt is always the best option; however, this might not always be the case.

appraisalvshomeinspection

The Difference Between an Appraisal and A Home Inspection

Thursday Nov 9th, 2017

The home-buying and selling processes can be confusing and intimidating, and any visit from an expert can give homeowners the impression of being scrutinized. Moreover, many people think home appraisals and inspections are essentially the same thing, when in reality they’re two very different assessments.

10 Perks Of VA Loans

10 Perks of VA Loans That Most Veterans Don’t Know About

Thursday Oct 26th, 2017

According to the U.S. Department of Veterans Affairs, 21 million veterans and service members live in the U.S. today but only about six percent of have purchased a home using a VA home loan in the past five years. Because there is such a surprisingly low portion of the military population utilizing this exclusive mortgage, it begs the question: are veterans not aware of this option, and if they are, do they know the benefits?

when to refinance

How (and When) Do I Refinance My Home?

Thursday Oct 19th, 2017

Simply put, refinancing means replacing your current mortgage with a new loan. However, the process for swapping your old mortgage for a new one isn’t entirely straightforward. In order to eliminate the confusion and anxiety around this revamping of your home loan(s), we’re spelling out exactly what it means to refinance your home.

VA Loan Misconceptions

Clearing Up Misconceptions About VA Loans

Wednesday Oct 11th, 2017

The VA mortgage loan is a program designed to help veterans, active duty military members, and their families purchase a home without having to deal with as many bureaucratic guidelines and requirements. However, there are a few misconceptions about the program that often deter veterans from partaking in this hard-earned benefit.

doctors have their own loan

Do Doctors Have Their Own Type of Mortgage?

Friday Oct 6th, 2017

Like many college graduates, medical students are buried in debt. In fact, the Association of American Medical Colleges reports that physicians leave school with a staggering average of $189,165 in the red.

While student loan debt may not “directly affect” your chances of getting approved for a mortgage, it can definitely limit your options. This is because in the lender’s eyes you’re seen as being a higher risk. However, medical students—despite having significantly higher debt than their undergraduate constituents—are viewed through a much different lens.

creditcard thief2

Could the Theft of Equifax Data Affect My Mortgage Application or Existing Mortgage?

Thursday Sep 28th, 2017

Much of how the Equifax data breach actually happened is still unknown. What is known however, is that this cyber-attack has the potential to cause potential and current homeowners some serious headaches. According to the Federal Trade Commission, 143 million American consumers had their personal data swiped during the theft.

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What Should I Do To Prepare My Yard For Winter?

Thursday Sep 21st, 2017

I’m sorry to say it, but fall and winter are upon us again. There are some great elements to autumn, though. All the pumpkin spice addicts can come out of the wood work, Halloween and Thanksgiving are nearly back to back, and yard work finally starts coming to a close.

However, before you fully shut down for the winter, there are some last minute lawn maintenance tasks that can make a significant difference come next summer. All you’ll need is a lawn mower, rake, garden fork or aerator, and the number of your trusted lawn treatment service.

The true cost of home buying

The True Cost of Buying a Home

Thursday Aug 17th, 2017

Buying a home is an exciting chapter in one’s life. It shows progress, growth, and is at the crux of the American Dream. Furthermore, homeownership has some significant advantages over renting.

can i get a loan with student debt

Can I Get a Mortgage with Student Loan Debt?

Thursday Aug 10th, 2017

That is an excellent question—and you’re not the only one who is asking. According to Student Loan Hero, the average student in the class of 2016 graduated with about $37,172 worth of debt. Collectively, 44 million American borrowers have racked up $1.4 trillion in student loan debt.

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Should I Pay Back Debt or Start Saving?

To pay off debt, or start to save: that is the question. Common advice and...

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