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Is a reverse mortgage a good idea? For homeowners who don’t know the ins and outs of lending, this topic can be quite confusing.  Fortunately, this guide from some of the best mortgage lenders in Tucson, Arizona, can help you navigate your finances and settle any debates regarding a reverse mortgage loan. If you’d like […]

Falling on hard times makes diligent mortgage repayments more challenging. In the past, homeowners with negative equity were able to access principal reduction programs. But today’s property owners need to look elsewhere. What is principal reduction when it comes to your mortgage loan? Below, Altitude Home Loans discusses mortgages and home purchasing in Tucson, AZ. […]

When filling out loan applications for the first time, you might notice that the application allows you to choose between a co-signer and a co-borrower. At first glance, the two terms seem the same. However, they have some pertinent differences. What is the difference between a co-borrower and a co-signer? Below, our team of home-purchasing experts […]

Buying a home comes with lots of paperwork, including the mortgage commitment letter. What is a mortgage commitment letter, and what does it mean for your home-buying journey? Our team at Altitude Home Loans offers home purchasing assistance in Tucson, AZ. We’ll walk you through the contents of a mortgage commitment letter so you better understand […]

If you’re looking for cheap housing, you may have seen terms like “short sale” and “foreclosure.” These terms describe different types of distressed property. They’re both affordable, but they come with drawbacks to keep in mind. Altitude Home Loans is your go-to for home purchasing services in Tucson, AZ. The short sale vs. foreclosure topic can […]