When a seller accepts your offer on their house, the final price you pay could be much higher when you factor in the hidden costs of buying a home. At Altitude Home Loans, one of our core values is transparency. We’re one of the top mortgage lenders in Tuscon, AZ, and our customers love us because […]
Most homebuyers need a mortgage to purchase their dream properties. However, since this is a loan repayable over up to 30 years, lenders often screen potential borrowers thoroughly to determine if they are a good fit for a loan. One of the main criteria they look at includes the individual’s creditworthiness, i.e., their credit score. […]
If you need an influx of cash, consider refinancing your home. Altitude Home Loans gives you refinance mortgage tips so you can obtain the maximum benefits. When you’re looking for an Arizona refinance mortgage, don’t forget these 10 tips. 1. Optimize Your Credit Your lender heavily considers your credit score when offering you a new loan. In […]
You’d love to own a home, but there’s one thing putting you off: interest rates. When rates are sky-high, you could end up paying tens of thousands in interest over the life of your home loan. If you’d rather not wait for interest rates to decrease, an assumable mortgage might make sense for you. What […]
You may wonder where to acquire an extra income source to supplement your savings as you approach retirement age. Could the perfect solution be a reverse mortgage? Read on as Altitude Home Loans’ mortgage lenders in Tucson, AZ, outline the primary types of reverse mortgages you could add to your portfolio. How a Reverse Mortgage Differs […]
Is the time ripe to refinance a house mortgage? It could become your ticket to financial ease! As the go-to mortgage lenders in Tucson, AZ, we at Altitude Home Loans know a thing or two about the subject. Keep reading as we dive into the nitty-gritty details. Do It for the Right Reasons Too many people […]
Any homebuyer will benefit from a mortgage pre-approval, a document stating the loan amount you can be approved for. These documents make you look reliable to sellers, but you have a due date to work with. You may wonder, “What happens if my mortgage pre-approval expires?” Altitude Home Loans is here to explain this process. […]
When you’re in the market to buy a home, you’ll typically come across various types of mortgages, including FHA, USDA, VA, and conventional/conforming loans. Among these, conforming loans are the most common, and for good reason. But what is a conforming loan? Altitude Home Loans, one of the top-rated mortgage lenders in Tucson, AZ, delves deeper into […]
When struggling to pay your bills and make ends meet, finding ways to cut expenses may require sacrifice and creativity. In dire circumstances, you might wonder, “Can you skip a mortgage payment?” While it’s certainly possible to miss a mortgage payment and keep your home, not making the monthly payment can have significant consequences for […]
There are plenty of reasons a pair may want to co-own a property’s mortgage, whether they’re partners or just roommates. They may even want several people to take responsibility for the home’s mortgage repayments, but what are the rules about how many people can be a mortgage at once? For the curious and those wanting […]
