Teresa Rose

NMLS # 286923 LO.001725.000 KY MC284846 FL LO4710

937-497-9662

trose@westernohiomortgage.com

Teresa Rose

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How Mortgages Are Affected by Property Use

How Mortgages Are Affected by Property Use

The way you plan to use a home determines what type of mortgage loan you can get. There are three main types of property covered by home loans: primary residence, second homes, and investment property.Primary ResidenceA primary residence is a home where y

Apr 14, 2021 |

Should I Buy a New or Existing Home?

Should I Buy a New or Existing Home?

A recent survey from the National Association of Home Builders found that the number of prospective home buyer looking for a new home more than doubled during the past year. At the same time, the number of those searching for only existing properties fell

Apr 07, 2021 | Purchasing a Home

What Loan Options are Available for Rental Properties?

What Loan Options are Available for Rental Properties?

While the COVID-19 pandemic has hit many Americans hard financially, for others who have been able to hold onto their jobs, it has been a time of saving money on commutes and lack of vacations and entertainment. That extra cash, coupled with the fact that

Mar 31, 2021 |

How to Apply for a Mortgage Online

How to Apply for a Mortgage Online

Not all that long ago, in order to apply for a home loan, you would have to go into a bank or lender office and fill out paperwork by hand. Thankfully, the advance of smartphones and technology have made it more convenient than ever to apply for a mortgag

Mar 24, 2021 |

Why does Buying a Home require so much Insurance?

Why does Buying a Home require so much Insurance?

When you are ready to buy a home, you will hear about a lot of different types of insurance: homeowners’ insurance, private mortgage insurance, title insurance, etc. What is the difference between all of these and why are they required? Here’s everything

Mar 17, 2021 |

Mortgage Rates are Seasonal and Other Secrets

Mortgage Rates are Seasonal and Other Secrets

We’ve known for decades that home buying and selling follows seasonal patterns, but a recent study* from housing tech startup Haus found that mortgage interest rates also have their own pattern. They also uncovered several other tidbits about how and when

Mar 10, 2021 | Interest Rates

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