Skip to main content

Gateway Blog

6.6.2024 / Home Buying Tips

Essential Tips for Prospective Homebuyers

June is National Homeownership Month, a time when we celebrate the dream of homeownership and provide valuable guidance for those considering this exciting journey. Whether you're a first-time buyer or looking to upgrade, these essential home buying tips can help you make informed decisions and navigate the complexities of the real estate market.

8.10.2023 / Home Buying Tips

The Life of Your Mortgage

Whether you're just beginning the home buying process or are well into your mortgage term, it's helpful to understand how your mortgage works. This guide walks you through the process from application to full repayment. You will also learn what happens when you want to refinance your loan, or the loan is sold.

5.4.2023 / Home Buying Tips

Don't Believe the Mortgage Myths!

Don't believe the mortgage myths. There are common misconceptions about the home loan process and we're here to bust those myths and put them to rest. As mortgage experts, we’ve heard every myth and misconception under the sun when it comes to home financing. Unfortunately, many of these myths can prevent people from making informed decisions about their mortgages, which can have long-term financial consequences. In this article, we'll dive into some of the most common mortgage myths and debunk them once and for all.

3.23.2023 / Home Buying Tips

The Truth About Earnest Money

If you're a first-time homebuyer, you're probably hearing a lot of new terms about homeownership and wondering what they all mean. During the homebuying process, one new phrase you may hear thrown around is "earnest money." But, what does that mean? What is it for? Do you really need to worry about it? Let’s break it all down.

1.4.2023 / Home Buying Tips

Understanding Mortgage Acronymns

For most of us, buying a home is exciting and sometimes stressful. The new terms and acronyms that pop up during the process of purchasing a home can often add to the confusion and worry. Below are 10 commonly used acronyms and explanations for what they stand for.

12.30.2020 / Home Buying Tips

Choosing the Right Loan

Whether you’re a first-time home buyer or a seasoned homeowner, speaking with a trusted mortgage professional from your community can prove invaluable when it comes to selecting the best mortgage option from the wide array of programs available.

12.14.2020 / Home Buying Tips

Refinance vs. Recast

What’s the Difference between Refinancing and Recasting? The ultimate goal of refinancing or recasting your home mortgage loan is to pay less money over time. So it’s important to know your options and assess whether either makes sense for your financial goals.

12.12.2020 / Home Buying Tips

Thinking About Refinancing Your Mortgage? Here Are Some Things to Consider First.

When you make the decision to buy a home, you do so knowing it will be among the largest and most important purchases of your lifetime. Most tangible objects you purchase will likely not cost as much. Furthermore, the cost, care, and time it takes to make that house your home can help you appreciate your space and make the most of it.