Author Archives for Carter Wessman

cwessman@totalmortgage.com'

About Carter Wessman

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.

How to Refinance an Inherited House

February 24, 2023 7:28 am Published by Leave your thoughts

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.


How to Refinance an Inherited Property to Buy Out Heirs [2023 Guide]

January 25, 2023 10:03 am Published by Comments Off on How to Refinance an Inherited Property to Buy Out Heirs [2023 Guide]

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.


How FHA 203K Loans Work and How to Qualify

January 17, 2023 3:01 pm Published by Comments Off on How FHA 203K Loans Work and How to Qualify

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


HELOC on Rental Property: Home Equity Line of Credit Explained

January 13, 2023 9:41 am Published by Comments Off on HELOC on Rental Property: Home Equity Line of Credit Explained

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


Does Mortgage Pre-Approval Affect Credit Score? Here’s What You Need to Know

January 10, 2023 2:03 pm Published by Comments Off on Does Mortgage Pre-Approval Affect Credit Score? Here’s What You Need to Know

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


Reasons to Get a Mortgage for the New Year

December 28, 2022 9:55 am Published by Leave your thoughts

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