Carter Wessman is originally from the charming town of Norfolk, Massachusetts. When he isn’t busy writing about mortgage related topics, you can find him playing table tennis, or jamming on his bass guitar.
February 24, 2023 7:28 am
Published by Carter Wessman
By refinancing an inherited house, you could potentially lower your monthly mortgage payments or make necessary updates or repairs by accessing built-up equity. Here’s what you need to know when it comes to refinancing your inherited property.
January 25, 2023 10:03 am
Published by Carter Wessman
Inheriting a house with siblings means that each person owns an equal share of the property. While you and your siblings can continue to share ownership of the inherited house, refinancing is another option worth considering. Follow this guide on how to refinance an inherited property to buy out heirs.
January 17, 2023 3:01 pm
Published by Carter Wessman
For buyers working with a budget or current owners looking to upgrade their homes, an FHA 203k loan comes with many benefits. Not only do FHA 203k loans wrap your renovation costs and mortgage into one payment, but they typically have easier income and credit requirements as well as lower down payment options. Here’s what... View Article
January 13, 2023 9:41 am
Published by Carter Wessman
If you are fortunate enough to own an investment property, you probably know something about generating additional income streams. You’ve heard about getting a home equity line of credit on your primary residence – but what about a rental? If you are looking for more ways to access capital, you may be wondering if you... View Article
January 10, 2023 2:03 pm
Published by Carter Wessman
When you’re searching for your new home, a mortgage pre-approval will not only tell you what you can afford but can also help you stand out as a serious buyer. However, you’ll want to protect your credit score while you’re shopping for the best rate. So, does a mortgage pre-approval affect your credit score? In... View Article
December 28, 2022 9:55 am
Published by Carter Wessman
With every New Year, you may find yourself considering homeownership as a future goal. Whether you’re looking to get a mortgage now or in several months, it’s never too late – and in many cases, the home-buying process may be faster than you think. In this article, we’ll outline just how quickly you can close... View Article
December 26, 2022 3:34 pm
Published by Carter Wessman
Not everyone has the funds saved to make a big enough down payment on a home. If you’re a first-time home buyer, the good news is that you may qualify for down payment assistance through state or local programs. There are many pros and cons of down payment assistance, but these programs can help put... View Article
December 22, 2022 9:58 am
Published by Carter Wessman
In this article, we’re going to take a closer look at just what makes buying a foreclosed property risky, and if there’s anything you can do to reduce or eliminate those risks.