HomeLend Mortgage Blog

We don’t expect you to know everything there is to know about buying a home. We provide you with expert service for a reason! Feel free to explore our blog to find some quick answers to all your home loan-related questions.

4 Ideas to Teach Your Children About Finances

There's no doubt that teaching your child smart money management habits is vital to their long-term success. 

3 Ways to Build Equity in Your Home

For homeowners, equity is like an extra bank account. 

Creative Ways to Source a Down Payment

Many prospective homebuyers face a big hurdle: the down payment. 

FHA Loans

First-time home buyers are more empowered than ever by the FHA loan.

Your Home Loan Options Made Simple

Whether you’ve been living with family or renting with roommates, becoming a homeowner is a huge stepping stone in anyone’s life. 

Credit Utilization Rate

You may be wondering how important credit utilization rate is in determining your credit score. The short answer? Very.

Private Mortgage Insurance (PMI)

Private mortgage insurance, commonly abbreviated as PMI, is a monthly payment that protects lender against a loan foreclosure. 

What are Points?

Points are used to pay for a reduced interest rate on a home loan. Each point correlates to one percent of the loan amount.

Annual Percentage Rate (APR)

The annual percentage rate gets a lot of borrowers confused when shopping for a loan.

Fixed-Rate Mortgage

A fixed-rate mortgage is one of the most common type of home loans because it’s the least risky for the borrower.