Comprehensive Guide to Navigating Jumbo Mortgage Loans in Exton, PA
With soaring real estate prices, conventional loans may not be enough for some home buyers who are looking for a bigger, more expensive home. If your home price is above a certain limit set by the Federal Housing Finance Agency, you’ll need a jumbo loan. But what is a jumbo loan, and how can you […]
Guide for First-Time Home Buyers | Chester County Real Estate
You’ve been scoping out the housing market, and you’re finally ready to buy your first home in Chester County, PA. If you’re not sure where to start, we’re here to help. Buying a home is usually the biggest financial purchase a person will make, so it’s natural to be a bit intimidated by the process. […]
Navigating the Mortgage Maze: Your Ultimate Guide to Home Financing
From Penn Street Mortgage, A Chester County Mortgage Company If you are looking to buy your first home, you are likely overwhelmed with all the processes, paperwork and options. Whether you are just getting started in the home-buying or refinancing process or are looking to refinance an existing mortgage, we are here to help. At […]
Unlock Your Home’s Potential: How to Tap into Home Equity
For many homeowners, the largest portion of their net worth is tied up in their mortgage through equity in their home. But if you need to tap into your wealth without selling your home, there are a few financial tools you can leverage with the help of a mortgage broker to access the equity you […]
Commercial Mortgage Loans: 7 Essential Factors You Must Consider
Whether it is your first time getting a commercial mortgage or you are a seasoned borrower and real estate professional, understanding the process of real estate loans can help anyone through the stressful and important transaction of buying a property. That is what hiring a commercial mortgage broker like Penn Street Mortgage is here for. […]
How to Calculate Your Monthly Mortgage Payment
Buying a home is one of the most significant financial decisions you will ever make. But once the loan is closed and you have your keys, can you afford your monthly mortgage payment? As you begin shopping for homes, it is crucial to understand how mortgage payments work so you can calculate what you can […]
Why You Should Use A Chester County Mortgage Company For You Commercial Real Estate Loans
When it comes to growing or starting a business, whom you work with matters — especially during the commercial real estate process. Your commercial property is often the biggest asset for your small business owners there, and finding the right mortgage broker to work with can make a big difference as you compare commercial mortgage […]
Why You Should Make Use Of Commercial Mortgage Consultants Instead Of Going Straight To A Single Lender
Have you ever considered financing a commercial property? You’d probably need the assistance of a commercial mortgage broker if this is the case. Unfortunately, many people think that it’s better to use lenders as commercial mortgage brokers are more expensive. Well, we’re here to tell you that this isn’t the case! The truth is that […]
What Does Housing Affordability Look Like in 2022?
If you’ve read the headlines recently, you’ve probably seen the concerning news that housing has been at its least affordable since 1989. That means that not only has the cost of owning a home increased but it’s become increasingly harder for the average family to purchase a home. While obtaining a real estate mortgage […]
Tips for Understanding Your Home Loan Options
If you’re starting the home buying process, you might be wracking your brain to understand the different types of loans and terms that apply to your mortgage. There are so many options, and it’s essential to understand which loan products are the best fit for you and your particular financial situation. At Penn Street […]