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Simply Mortgages

Simply Mortgages

Archives for October 2022

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Bridge Loans

If you are a current homeowner looking to buy a new home and sell your current residence, then you might consider a bridge loan. A bridge loan is particular to people who are already homeowners who need to use the equity from their current house towards the down payment on the new house, however, the […]

Filed Under: General

5 Reasons People Break Their Mortgage

Breaking your mortgage sounds like an alarming proposition, and it can be! Depending on the terms of your loan, it can cost you penalty fees to break your mortgage, so most borrowers want to avoid it, if at all possible. That said, statistics show that up to 60% of borrowers break their mortgage before the […]

Filed Under: General

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