Dave Townsend REALTOR®, TriStar Elite Realty (931-808-6808 or 931-548-2300)
Recently President Trump floated the idea of 50 year mortgages to help with the housing affordability crisis. On the surface you might look at that idea and think well it would lower the payment amount and may make it a little easier to afford a home. But does it really help? Is a 50 year … Read more
USDA loans are a type of mortgage that is guaranteed by the United States Department of Agriculture (USDA). They are and are designed to help low- and moderate-income borrowers in rural areas purchase a home. The USDA loan program is also known as the USDA Rural Development Guaranteed Housing Loan Program. Types of USDA Loans … Read more
When considering a home mortgage, one of the key decisions is whether to opt for a 15-year or a 30-year mortgage. While a 30-year mortgage is more common, a 15-year mortgage offers some advantages that may make it a better choice for some borrowers. In this article, we’ll explore the differences between these two types … Read more
When buying a house it is very important to educate yourself on what loan options are out there. Most homes are purchased using a mortgage because of how hard it is to save enough money to buy a house with cash. There are several different types of mortgages available and each type has its own … Read more