Author Archives: Mike Parker

    • Shopping for a Mortgage

      A lower rate will not only result in a lower payment, it will amortize the loan quicker.  A $250,000 mortgage at 4.5% for 30 years will have a $1,266.71 principal…

      Written by Mike Parker
    • Why Put More Down

      The least amount in a down payment is an attractive option when people are thinking of buying a home.  A common reason is to have cash available for furnishing the…

      Written by Mike Parker
    • Financing Home Improvements

      Home improvement loans provide a source of funds for owners to finance the improvements they want to make. These are usually, personal installment loans that are not collateralized by the…

      Written by Mike Parker
    • Reverse Mortgages

      Reverse mortgage loans are like traditional mortgages that permits homeowners to borrow money using their home as collateral while retaining title to the property.  Reverse mortgage loans don’t require monthly…

      Written by Mike Parker
    • Downsizing in 2020

      Approximately 52 million or 16% of Americans are age 65 and over.  It is easy to understand that some of them are thinking of downsizing their home because they don’t…

      Written by Mike Parker