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What are the Differences Between 15- and 30-Year Fixed Mortgages?  

What are the Differences Between 15- and 30-Year Fixed Mortgages?  

Fixed-rate loans are the most popular type of home mortgage in the country, with the majority of homeowners opting for a 30-year fixed mortgage. However, 15-year fixed mortgages offer a lot of benefits for the right type of borrower. To help you decide which one is right for you, here are the basic differences between the two loan types. 

Posted Mar 08, 2017 by Midland Mortgage Corporation
How Much Home can I Really Afford?

How Much Home can I Really Afford?

When people start looking for a house, the first question most people ask is how much home they can reasonably afford. People want a house that is large enough to suit their needs. However, everyone has a budget that they don't want to exceed. Figuring out this budget is the first step, and some of the key factors that determine the amount of home people can afford are discussed below. 

Posted Mar 01, 2017 by Midland Mortgage Corporation
Questions You Should Ask Before Filling Out a Mortgage Application

Questions You Should Ask Before Filling Out a Mortgage Application

Few people can pay for a home with cash and therefore most people are looking to take out a mortgage to pay for the rest of their house. There is a wide variety of factors that people need to consider before filling out a mortgage application and this process starts by asking the right questions. With this goal in mind, here are some of the questions that everyone should ask. 

Posted Feb 22, 2017 by Midland Mortgage Corporation
What are the Benefits of Buying Over Renting?  

What are the Benefits of Buying Over Renting?  

While most people start off renting their first home or apartment, most people have the goal of owning their own property one day. While this represents a sense of success and accomplishment for many people, there are actually concrete benefits to buying over renting. Some people may hesitate at the cost of purchasing real estate. However, some of the key benefits are covered below. 

Posted Feb 15, 2017 by Midland Mortgage Corporation