Quickly tap into our robust knowledgebase, learn about mortgage programs and best practices, and stay up to date with the latest mortgage news.
Buying a home
How Changing Jobs Can Impact Your Home Search
If you’re thinking about changing jobs, and you’re looking to buy a house, there’s a lot you should consider before you accept the offer. Whether the opportunity is with a new organization or within your existing company, or perhaps a new venture on your own, there are many scenarios where changing jobs can dramatically impact your home search.
The good news is that your employment history is only one factor that lenders look at when deciding to approve a borrower for a mortgage loan. Other factors include how much a borrower has saved up for a down payment, a borrower's credit history, how much is looking to be borrowed and current interest rates.
According to National Mortgage Professional, as much as 80% of prospective first-time homebuyers are concerned about saving for a down payment on a house. If you’re one of these would-be homebuyers, you’re not alone.
With historically high home prices, slow construction starts, and rising inflation, it’s no wonder you might be the second-guessing if now is the right time to buy a house.
Not to fret. Mutual of Omaha is here to make the homebuying process easy.
Article
How to Boost Your Financial Health in an Unpredictable Economy
No one has a crystal ball to tell them what the financial future holds. However, looking at the unpredictable market and the latest increases in inflation, there may be signs of a market correction looming near.
If you're looking to be better prepared should a recession hit, now might be a great time to assess your financial situation and boost your financial health.
Article
Financial Steps to Take When Leaving the Military
Your service to our nation may be complete, but a world of opportunity is waiting for you. If you’re transitioning from military service to civilian life, it’s important to know the financial steps needed to make the move more seamless.
Article
Common Misconceptions to Dispel With First-Time Homebuyers
Summary of the most common first-time home buying myths and the facts to help you navigate the home buying process with your clients.
Article
What Student Loan Forgiveness Could Do For Prospective Homebuyers
Student loan debt is now one of the largest loan balances for borrowers looking to buy a home. And while student loans may seem like an impossible debt to repay, there are programs in place to help borrowers buy a home despite their debt.
Article
How Student Loan Debt Impacts Your Ability To Buy A House
You've graduated with a solid GPA from a top college and you're on your way to starting your dream career. You have been offered a competitive salary, with a generous retirement plan and paid time off. You look at your increased income and start to wonder if homeownership is something you can look forward to in the near future.
Article
Budget-Friendly Tips to get your Short-Term Rental Ready to List
There's a lot of speculation about the housing market and if it’s hit a tipping point. Interest rates are slowly ticking back up from historic lows, but inventory is still too scarce to meet demand in most markets making it a tough industry to predict. One sliver of the housing market that’s too hot to miss, however, is the short-term rental market.
Article
Can You Refinance an FHA Loan?
Refinancing your FHA loan can lower your interest rate and, as a result, your monthly payment. So, if you’re considering this path, know that you have several options. We’ll look at six ways to get a new, replacement mortgage, such as FHA cash out refinance, their benefits and their requirements.
Article
Eight Home Improvement Projects to Tackle This Summer
Making improvements to your home can be a lot of fun, but where to start? If you're looking to sell soon, it’s best to start with the outside and work your way in.
