New American Funding Blog

Information on mortgages, refinancing & home buying

Mortgages for First-Time Homebuyers

by Shantell Lorraine Nicole Russell 26. March 2015 07:08
The first step of purchasing a home is securing a mortgage. Understanding what a mortgage is and what types are offered is essential when buying a house for the first time. Familiarize yourself with mortgages and the options that you have before deciding to move forward with this major life decision.  Introduction A mortgage is essentially a loan for a house. When you decide to invest in a home, you must make a down payment. The remaining amount of money due for the house is provided by a ... [More]

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Buying a Home | Home Loan Information

Understanding Your FICO Credit Score

by Courtney 24. March 2015 07:10
Much of your financial investments depend greatly on one small three-digit number. [More]

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Home Finances | Home Loan Information | Tips & Advice

Saving Money on Your Mortgage

by Shantell Lorraine Nicole Russell 19. March 2015 07:37
Everyone loves saving money and your monthly mortgage payment is no exception. When you apply for a home loan or are thinking about refinancing, there are a few things you should consider to keep your payments more affordable. Providing a larger down payment While government-sponsored enterprises Freddie Mac and Fannie Mae are now offering loans with a 3 percent down payment option, paying more money up front can help keep your interest rates and monthly bill lower. Credit.com also noted t... [More]

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Home Finances | Home Loan Information

Living In Your Home While Remodeling

by Courtney 17. March 2015 08:25
You may chose to remodel for a variety of reasons. [More]

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Home Improvement

Maintaining Your New Home

by Shantell Lorraine Nicole Russell 12. March 2015 11:33
After purchasing a new home, responsibilities emerge. [More]