With U.S. home prices have jumped 20 percent in the past year, it is becoming increasingly harder for many Americans to buy a home on their own. To be able to break into the housing market, more and more buyers are going in together with siblings or paren
Dec 08, 2021 |
Your credit score plays an important role during the mortgage process. Having good credit shows lenders that you have experience paying back money you borrow (credit is what you receive as a borrower for paying your debts), can make monthly payments on ti
Dec 03, 2021 |
Before you are allowed to sign on the dotted line for a mortgage loan, your lender will require you to have homeowners insurance. This type of insurance protects your property (and the things inside) against damage and loss. It basically provides enough c
Dec 01, 2021 | Purchasing a Home
We would like you to know how much you mean to us!Thank you for your continued support of our business; it’s always a pleasure to help you and your family with your mortgage financing needs.All of us at Benchmark Mortgage Companies would like to wish you
Nov 24, 2021 |
The typical mortgage loan lasts 30 years and is amortized equally over that entire period, so that the borrower makes consistent payments, including both interest and principal. The last payment pays off the loan. However, there is a type of loan called a
Nov 17, 2021 | Refinancing a Home
When you find the right home to buy, you make an offer, put down a deposit once your offer is accepted and you sign a sales contract. Then you move on to inspections and financing. Pretty straightforward. But what if something goes wrong during the closin
Nov 10, 2021 | Purchasing a Home
Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - contact us today to begin.