Best Mortgage Advice, Rates & Guides | Dixon Reality & Mortgage

Assumption, Assuming a Mortgage

Published on: 27/08/2024

This type of mortgage scenario might just be a nice fit for someone who is looking to save money on closing costs and assume a low interest rate.

Mortgage Investment and Interest Rates

Published on: 27/08/2024

Let's begin with the premise that you are a homeowner, have a mortgage and have at least a small amount of money left each month to invest. Where do you invest it? You'll want a safe investment that pays more than those bond funds. It would be nice if your investment compounded monthly. How about accessibility? Yeah, that's very important. No problem.

Refinance & Mortgage Tips: Down Payment From 401k Or 403b Retirement Annuities

Published on: 27/08/2024

If you are purchasing a home and have a substantial portion of your assets inside of a retirement account such as a 401K, 403B or other retirement product or annuity, you may choose the increasingly popular option of tapping those funds to make a down payment on your new home. Like any other accounts you may have in your name, such as brokerage accounts and bank checking, savings and money market accounts, most popular retirement accounts qualify as assets to be counted towar...

Cash Out Refinancing

Published on: 23/08/2024

A cash out refinance is refinancing your existing mortgage and borrowing some of your equity in a lump sum to use for other purposes. Such as home improvement, college tuition, family vacation, etc.