Home Buying
The Pros and Cons of Adjustable-Rate Mortgages (ARMs)
Buying a home comes with one of the biggest financial decisions you’ll ever make: choosing the right mortgage. For many buyers, especially in today’s changing market, an adjustable-rate mortgage (ARM) can look appealing. Lower initial rates can make homeownership more affordable up front — but it’s important to understand how these loans work and what trade-offs they come with. At Lendgo, we help you look beyond the numbers to see how your loan choice fits your long-term goals. Whether you’re b
Buying a home comes with one of the biggest financial decisions you’ll ever make: choosing the right mortgage. For many buyers, especially in today’s changing market, an adjustable-rate mortgage (ARM) can look appealing. Lower initial rates can make homeownership more affordable up front — but it’s important to understand how these loans work and w...
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Home Buying
Top Mortgage Trends in 2025: What Homebuyers Need to Know
What’s Shaping Mortgages Right Now 2025 is shaping up to be a big year for homebuyers and homeowners thinking about refinancing. Mortgage rates, home prices, and housing supply are all shifting, which means staying informed can help you make better decisions. With Lendgo, you can go beyond simply reading about these trends. You can see how they affect your buying power and compare offers from real lenders so you can act quickly. Trend 1: Rates Are Easing but Still Higher Than Pre-2020 Mortg
Home Buying
Understanding Debt-to-Income Ratio
Why Your DTI Matters When you apply for a mortgage, lenders don’t just look at your credit score—they also look at your Debt-to-Income (DTI) ratio. This simple number is one of the most important factors in determining whether you’re approved for a loan and what kind of rates you’ll receive. The good news? Once you understand how DTI works, you can take steps to improve it, giving yourself a stronger shot at approval and better terms. Lendgo helps you go beyond just understanding DTI. We conn
Home Loan
VA Loans: Benefits, Eligibility, and Application Tips
VA Loans: One of the Best Benefits of Military Service If you’re a veteran, active-duty service member, or surviving spouse, a VA loan is one of the most powerful homebuying tools available to you. VA loans make homeownership more accessible by eliminating many of the barriers other buyers face—like saving for a big down payment or paying for private mortgage insurance (PMI). With Lendgo, you can compare VA loan offers side by side and make lenders compete for your business, so you can take fu
Home Buying
What Is Private Mortgage Insurance (PMI), and How Can You Avoid It?
PMI: What Every Homebuyer Should Know Buying a home is exciting, but there’s one extra cost that surprises many first-time buyers: Private Mortgage Insurance (PMI). If you’re planning to put less than 20% down on a conventional loan, PMI is almost guaranteed to be part of the picture. Here’s the truth—PMI doesn’t protect you as the homeowner. It protects the lender in case you stop making payments. But understanding how it works, how much it costs, and how to get rid of it as quickly as possib
What is Multi-Level Home Insurance?
A multi-level residence is defined as a structure having more than one level. These homes assist the purpose of providing further space and privacy, ideal for families or anyone who prefers to keep detached spaces for living, working, or napping. But owning a multi-level home also means thinking carefully about home insurance. Get A Free Mortgage Quote In this article, we’ll explain in everyday language how insurance works for multi-level homes, what risks to consider, and how to ensure yo
What is the Sales Comparison Approach?
The Sales Comparison Approach (SCA) is a widely accepted method of determining the value of a property in real estate based on the sales of previously sold properties. This means you must compare the subject property with similar houses that have recently sold in the area. This approach is based on the theory that comparable home sales in the market affect a home’s value. Get A Free Mortgage Quote Wondering about the science behind your property’s value? In this post, we’ll discuss what is
What is an Asset Statement?
If you are applying for a mortgage, personal loan, or financial aid, there is a chance you will be asked for an ‘asset statement’, which is somewhat unfamiliar to most people. It’s not as troublesome as it sounds, though. Get A Free Mortgage Quote In this article, we’ll explain what an asset statement is, why it matters, what it includes, and how to prepare one. It helps to understand asset statements while buying a home or applying for a loan because it can help your application go more s
Does FHA Loans Allow Non-Occupant Co-Borrowers?
What is an FHA Loan? An FHA loan is a government-backed home loan. It enables people to purchase homes, even if their credit isn’t perfect or they can’t afford a large down payment. These loans are particularly valuable for first-time homebuyers. Get A Free Mortgage Quote One of the useful features of FHA loans is that they allow you to have someone else help you qualify to purchase your home—even if they won’t be living in the home once the loan is approved. This is known as a non-occup
Which is Best for You: Home Refinance vs. HELOC
If you’re in need of cash and you own a home, you may have heard that there are some popular options: You can do a cash-out refinance, or you can take out a home equity loan (also known as a second mortgage). They both allow you to borrow money using the value of your home, but they do so in different ways. Get A Free Mortgage Quote To help you decide which could be best for you, this guide will go over each in simple terms without using technical terms. What is Home Refinance? Gettin
Types of Thin-Film Solar Panels Efficiency, Cost, and Applications
The renewable energy industry heavily depends on solar power because its developing technologies provide various solution options for residential home developers and commercial organizations, and utility-scale operators. Get A Free Solar Quote Commercial solar power markets offer thin film solar panels as a substitute for crystalline silicon to provide light structures combined with elegant forms and adaptable features. The market accepts several thin-film options, but performance rates to
Solar Panel Warranties What They Cover and How Long They Last
The setup of solar panels proves to be a wise monetary choice. Solar panel systems lower electricity expenses and boost house prices, and enable self-sustaining renewable power usage for extended periods. Get A Free Solar Quote Among all the vital aspects to evaluate in a major financial investment, such as solar panels, lies the warranty, which gets little attention. The understanding of solar warranty terms, including coverage scope and duration, allows you to avoid massive costs and str
Solar Leases vs PPAs What's the Difference and Which is Better?
The decision to choose solar power requires evaluating several financing options, which sometimes feel complex. The two preferred solar financing solutions are solar leases together with power purchase agreements (PPAs). The solar financing options appear similarly structured because both methods provide solar power without initial payments. The agreements have essential distinctions in their actual conditions, regardless of sharing initial similarities. Get A Free Solar Quote So, what’s t
How Much Does a Mini Split Cost? Installation and Operation Costs
Many homeowners consider mini-splits for their home heating and cooling system improvements. The combination of low energy consumption, together with adaptable design and slim form factor, makes these systems popular. Customers often begin their research about mini split systems by wanting to know the associated costs. Cost analysis of mini split installation with operational expenses plays a vital role when determining which system to buy for room-by-room or whole-home cooling scenarios. Get
How Many Watts Does a Light Bulb Use? LED vs Incandescent
When browsing the lightbulb section of a hardware store, you get stuck assessing two product boxes to understand their differences. The price difference signifies only one factor among other hidden energy implications. Most people experience confusion because of the technical information on wattage, as well as lumen output and energy efficiency labels. Get A Free Solar Quote Let’s break it down. The selection of home lighting starts with comprehending appropriate wattage specifications f
Protect Your Privacy
What Is FCRA Compliance?
How employers can avoid legal violations when looking into the financial records of employees and potential hires.
Background Search Basics
MVR (Motor Vehicle Report) Background Checks: Explained
Gain a better understanding and the significance of MVRs for companies, their purpose, and their importance.
Protect Your Privacy
Does a Background Check Show Employment History?
We explain how much of a person's job history can be revealed in a background report.
Protect Your Privacy
Public Records That Can Harm Your Credit Score
Any public record on your credit report is a mark against you, but some are worse than others.
Background Search Basics
Why an Internet Search Isn't Enough for a Detailed Background Check
We’ll discuss the cons of an internet search and why you should use a professional background check service to get your desired answers.
