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.

Do You Really Need to Save 20% for a Home Down Payment?

For many, the idea of saving a 20% down payment feels like a major hurdle to homeownership. While putting 20% down on a home has its advantages, it’s no[…]

Understanding the 7 Components of Your Mortgage Payment

Your monthly mortgage payment is likely one of the biggest line items in your budget, so it’s important to understand exactly what it covers. A mortgage[…]

How Much Home Can I Afford?

There are a lot of financial and situational factors that play into this question but getting pre-approved by a lender will give you a clear picture of[…]

Before Forbearance, Try This

If you are experiencing the latter and are considering mortgage forbearance, keep reading.

Private Mortgage Insurance (PMI)

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