Industry Insights, Trends & Mortgage News

Private Mortgage Insurance: What You Need to Know When Buying a Home

Posted in Home Buying Tips & InfoPosted by Maple Tree Funding

Private mortgage insurance, or PMI, is something most first time home buyers encounter during their journey towards a home purchase. But despite the fact that it’s so common, PMI is something that many people don’t fully understand or know about as they begin the home buying process. Here, we’ll delve into the details of private mortgage insurance and answer some frequently asked questions about this aspect of purchasing a home. What is Private Mortgage Insurance?…

Understanding the Mortgage Pre-Qualification Process

Posted in Mortgage InfoPosted by Maple Tree Funding

If you’re looking to purchase a new home, one of the very first steps you should take is to get pre-qualified for a home mortgage. Here, we’ll delve into the details of what you need to know about mortgage pre-qualification, including what’s involved in the pre-qualification process, the benefits of being pre-qualified for a mortgage, and what you need to get the pre-qualification process started today! What is Mortgage Pre-Qualification? Mortgage pre-qualification is essentially the…

Home Mortgage Loans & Your Credit Score: What You Need to Know

Posted in Mortgage BasicsPosted by Maple Tree Funding

Despite their importance and influence when it comes to obtaining a mortgage and financing a home purchase, most home buyers have a limited understanding of what credit scores are and what they mean. Here, our mortgage experts will tell you everything you need to know about credit scores in relation to home mortgages so you’ll be well prepared as you start the mortgage process and work towards purchasing your next home! What is a Credit…

What Should I Do With My Tax Refund?

Posted in Home Buying Tips & InfoPosted by Shane Latza

Tax season is an exciting time, especially for those individuals who are expecting a tax refund! Having some extra money on hand is a refreshing change of pace for many. With tax refunds comes opportunity. When it comes to making the most of your tax refund, you have many options to choose from. Expecting a tax refund this year, but you are not quite sure what to do with it? Consider these options for how to…

How To Apply For The USDA Loan Program

Posted in Government MortgagesPosted by Maple Tree Funding

The United States Department of Agriculture (USDA) offers a home mortgage program that allows a borrower to receive a 100% financing home loan. There are a variety of benefits to using a USDA mortgage to finance your home, and a number of eligibility requirements you must meet in order to qualify to do so. For more information about USDA home loans, please visit our USDA Mortgages page. How to Apply for a USDA Mortgage in New…