![Lender’s vs. Owner’s Title Insurance](https://drewgilmartin.com/wp-content/uploads/2020/08/title-insuranc.jpg)
Lender’s vs. Owner’s Title Insurance
Title insurance protects property buyers and their lenders against problems that may pop up with the title after the home sale is complete. While the title search will discover obvious issues, there is always a risk of hidden problems that can pop up after the...
![Buying a Home vs. Renting. What are the advantages?](https://drewgilmartin.com/wp-content/uploads/2020/10/buy-vs-rent.jpg)
Buying a Home vs. Renting. What are the advantages?
No matter where you are in life, one thing remains the same – you need a place to call home. You are going to have to decide whether it's more financially advantageous to buy a property or to rent one. Both renting and buying have their benefits and potential...
![Saving for a Down Payment. How Much do You Need to Save?](https://drewgilmartin.com/wp-content/uploads/2020/10/saving-for-downpayment.jpg)
Saving for a Down Payment. How Much do You Need to Save?
Conventional wisdom says that you need to save 20 percent of your home's value for the down payment when you are buying a home, but this conventional wisdom is no longer an absolute. While a 20 percent down payment would be nice, it is not a necessity, and, for many...
![Marketing Minute With Drew – MMP](https://drewgilmartin.com/wp-content/uploads/2020/07/mortgage-minute-screen-grab-1080x593.png)
Marketing Minute With Drew – MMP
Featured VideosMortgage Refinance Press Releases Mission SeminarsAbout Drew Knowledge Center Calculators FAQs Let us help you get started. Call or email us today.This is not a commitment to lend. Terms and conditions of programs, products and services are...
![The Top Real Estate Terms You Need To Know Before Buying a New Home](https://drewgilmartin.com/wp-content/uploads/2020/12/Real-estate-terms.jpg)
The Top Real Estate Terms You Need To Know Before Buying a New Home
Buying your first home is an exciting time. Yet before you enter the world of home buying, you should take some time to understand some basic terminology that will get thrown around a lot in the days ahead. Here are some standard terms and their definitions that home...
![Downsizing Mistakes to Avoid.](https://drewgilmartin.com/wp-content/uploads/2020/10/downsizing.jpg)
Downsizing Mistakes to Avoid.
There are many times when downsizing a home makes sense. Empty nesters will often choose to downsize after their children are grown, and they no longer need a spacious family home. Sometimes families who face financial challenges will downsize to save money on their...
![What does it mean to lock in mortgage loan, and what happens if rates go down after I lock it in?](https://drewgilmartin.com/wp-content/uploads/2020/10/lock-in-mortgage.jpg)
What does it mean to lock in mortgage loan, and what happens if rates go down after I lock it in?
Mortgage interest rates are always changing. Even within 24 hours, mortgage interest rates may move up and down, often more than once. These fluctuations can create frustration for homebuyers who want to know that they're getting the best possible rate. One tool you...
![Benefits of Homeownership – Beyond Home Equity](https://drewgilmartin.com/wp-content/uploads/2020/10/benefits-of-home-ownership.jpg)
Benefits of Homeownership – Beyond Home Equity
Buying a home carries many benefits. Some of these you may know and others you may not. If you're considering becoming a homeowner, it's worthwhile to take a closer look at the many potential benefits that come with the home purchase. 1. Home Equity Home equity is one...
![What is a Second Mortgage and How Can It Be Used?](https://drewgilmartin.com/wp-content/uploads/2020/12/second-mortgage.jpg)
What is a Second Mortgage and How Can It Be Used?
One of the benefits of owning your own home is the chance to build equity. The longer you own a property, the more value it accrues. This happens for two reasons. First, you pay a little bit towards the principal balance every time you pay your mortgage. Second,...