BuzzTipper Logo
By Craig Johnson

Learning Center: Pros and Cons of 15- and 30-Year Mortgages

No one has a crystal ball to see 15 years ahead, much less 30, but if you can swing a higher payment, a shorter term will save you a lot of money.

gg
In our Fundamentals series, Rate Simple breaks down loan concepts for ordinary people. Owning your home outright after just 15 years. What an appealing idea! Some of us have shirts older than 15 years. The trade-off is, of course, higher monthly payments. A home buyer considering a 15-year mortgage should make a careful assessment of income and fin...
Next (19)
Buying a Foreclosed Home

Your Guide to Foreclosure Success: Owning a Home for Less

Your Guide to Foreclosure Success: Learn how to buy a home through foreclosure and save money.
what happens if you inherit a house with a mortgage

Understanding the Implications: Inheriting a House with a Mortgage

Learn legal, financial, and emotional considerations when inheriting a mortgaged house. Expert advice for navigating this complex process.
contingent house meaning

Contingent House Meaning: Understanding Real Estate Contingencies

Contingent house meaning is easy. It is there to protect you, so learn more about it here.
How to Lower Your Escrow Payment

Protect Your Money: Understanding How Escrow Works

Protect Your Money: Understading how escrow safeguards funds during property transactions, ensuring a secure and efficient process.
Lender Credit

Free Money for Closing? The Truth About Lender Credits

Free Money for Closing? Explore the truth behind lender credits and how they impact your mortgage terms effectively.
how soon can you refinance a mortgage

When Can You Refinance Your Conventional Loan? (And Others)

When Can You Refinance Your Conventional Loan? Read on to understand the complexities that come with refinancing a mortgage.
what is a collateral loan

Cash Now, Pay Later: Your Guide to Collateral Loans

Cash Now, Pay Later: Your Guide to Collateral Loans. Read on as this guide explains what a collateral loan is and dives into its complexities.
NACA Income Requirements

Can You Buy a Home with No Money Down? Exploring the NACA Mortgage

Can You Buy a Home with No Money Down? Learn about the NACA Mortgage, its benefits, and how it can make homeownership accessible without a down payment.
Loan With No Credit Check

Borrowing Without Collateral: Get Approved for an Unsecured Loan

Borrowing Without Collateral: Learn how to secure an unsecured loan without collateral by understanding credit scores, income stability, and more.
pre-closing disclosure

Closing on Your Home? Review Your Closing Disclosure Like a Pro

Closing on Your Home? Review Your Closing Disclosure Like a Pro to ensure a smooth transaction and avoid costly errors.
best inverter for solar panels, inverter solar panel

Key Factors to Consider When Choosing the Best Inverter for Solar Panels

Key Factors to Consider When Choosing the Best Inverter for Solar Panels: This guide is a must read for everyone who wants to find out.
Solar power maintenance

A DIY Guide to Solar Power Maintenance

A DIY Guide to solar power maintenance. Read on to discover essential tips for keeping your solar system shining bright and efficient.
solar loans.

What Are Solar Loans And How Can You Apply For One?

What Are Solar Loans And How Can You Apply For One: Solar loans provide individuals with the necessary funds to purchase and install solar panels or other renewable energy systems.
solar panel heater

A Quick Guide to Solar Panel Heaters for First-Time Buyers

A Quick Guide to Solar Panel Heaters for First-Time Buyers: Discover how solar heaters work, their benefits, key considerations, and tips to choose the right system for your home.
Solar Arrays

What is a Solar Array? A Quick Guide for First-Time Installers

What is a solar array? A quick guide for first-time installers - From understanding the basics to optimizing energy production, let’s explore.

The Most Common Interest Types in the Mortgage Industry

In this comprehensive guide, we look at the most common interest types prevalent in the mortgage industry, examining their features, advantages, and potential drawbacks.
what is a recourse loan

Understanding the Differences Between Recourse and Non-Recourse Loans

Understanding the Differences Between Recourse and Non-Recourse Loans. Understand what is a recourse loan and a non-recourse loan, their examples and key differences to make informed financial decisions.

Everything You Need to Know About a Lease Purchase House

In this comprehensive guide, we'll delve into everything you need to know about lease-purchase homes, from how they work to their benefits and potential pitfalls.

Strategies for Using a HELOC to Secure a Down Payment for Land Acquisition

In this article, we will explore the concept of using a HELOC for land acquisition, along with various strategies to optimize this approach. Stay with us for more.

Using a HELOC to finance legal costs related to resolving property encroachment disputes

This article explores the utilization of HELOCs as a financing option for addressing legal expenses associated with property encroachment disputes. Stay with us for more details.
mortgage