Home Loans

Certified Preapproved Homebuyer Program

As the housing market starts improving the supply and demand will shift towards seller’s market. This means multiple offers on a same property and the chances of your offer getting accepted may not be as great as it used to be in the buyer’s market. Here at USA Mortgage we strive to not only provide…

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Home Loans

What is a VA loan?

Veterans, we are eternally grateful for the sacrifices you have made for our country. While there is nothing we can do to adequately thank you for your service, we can offer guidance and assistance during your homebuying process. We are here to help you navigate VA loans and get the keys of your dream home…

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Home Loans

6 Tips for the First Time Home Buyer

Have you recently decided that the time is right to buy your first home?  With Spring weather upon us, the market is starting to become active and many great homes are beginning to be listed for sale. The process of buying your first home can be a very exciting time.  It’s truly a fresh start in a…

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Community

The Impact of a Qualified Realtor

When selling your home, it is important to ensure that you are dealing with a qualified realtor to help you during the selling process. There are a lot of realtors out there to choose from, so doing thorough research before choosing a realtor is key. While it is important to understand that not all realtors are created…

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Mortgage Basics

How Mortgage Amortization Works

How does mortgage amortization really work? A fixed rate loan can also be referred to as a fixed payment loan – However, the amount of principal and interest paid changes with each payment. Interest Paid – The math behind “amortization” or paying a loan off in a fixed period of time starts with the amount…

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Mortgage News

The Fed Increased Rates

The Fed increased rates at their most recent meeting. They also indicated they will likely raise rates three additional times in 2018. Please read on for more: First, who is the Fed and what do they do? The Federal Reserve Board (the Fed), controls the Fed Fund Rate and the Discount Rate. These are charges…

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