Jamie’s Latest Articles
Finding out that your landlord is selling the home you’ve been renting can feel unsettling. While a new owner will certainly bring changes, it doesn’t automatically mean you’ll have to find a new place to live.Your landlord has...
Allied Mortgage Group is a full-service mortgage lender with more than 30 years of experience in the mortgage industry. The company offers new loans and refinancing options and is licensed in 34 states and Washington, D.C. Keep...
A deed of trust is a contract between a lender, borrower, and trustee to secure property. Similar to a mortgage, it outlines your loan details and gives your lender the right to foreclose on your property if you stop making you...
Home prices have been on the rise, with the median price climbing above $439,000 — a 5% increase over the same time last year, according to Redfin. If you’re considering a $450,000 home loan, it’s important to understand what y...
A home equity loan lets you borrow against the equity you’ve built in your home. You receive the funds as a lump sum and repay the loan in monthly installments. Because these loans are secured by your home’s equity, they’re oft...
Getting pre-approved is a key part of taking out a mortgage. When you get pre-approved, your lender gives you a letter stating how much it could conditionally loan you. Pre-approval can strengthen your offer with sellers by dem...
A student loan cash-out refinance allows you to use the equity in your home to pay off your student loan debt. Essentially, you combine your student loans and mortgage into a new loan. This helps you get rid of your student loa...
Unemployment can lead to severe financial hardship, especially if you have outstanding credit card debt. With this type of high-interest debt, if you can’t make more than the minimum payment, your balance will continue to incre...
If you’re a veteran trying to figure out how to pay for college, the military will cover many of your higher education costs in exchange for your service. The exact amount the government will pay depends on when and for how lon...
Federal student loan payments have been on hold since March 2020 as a result of the COVID-19 pandemic. The government also sent the interest rate for federal student loans to 0% during the pause. The payment pause only applies ...