Are you feeling overwhelmed by high-interest credit card payments, student loans, or other outstanding debts? Refinancing your property might be the solution you need to consolidate your debt and achieve financial freedom. Our team at Innovative Mortgage Brokers can walk…
Buying a home can be an exciting and fulfilling experience, but it can also be a complicated and daunting process, especially for first-time homebuyers. Here is what you can expect during the homebuying process: Determine Your Budget and Get Pre-Approved…
When it comes to financing a home, one of the most critical decisions you'll make is choosing the right mortgage deal. There’s no one-size-fits-all approach when it comes to mortgages, but one way to maximize your deal is by using…
Buying a home is exciting, but it’s a big commitment too. So before jumping into homeownership, you should understand what it takes to manage your money after buying a home. Of course, no two homeowners will use the same…
It’s a common myth that you need perfect credit to buy a house. The truth is you don’t. You can buy a home with an average or sometimes even a low credit score. Of course, an excellent credit score…
Most homebuyers think of a 30-year mortgage when buying a house. It’s the most common because it has the lowest monthly payment, but there is also a 15-year option some buyers may want to consider. Here’s what you should…
If you have equity in your home or saved a down payment and are ready to buy a second home, the good news is there are plenty of options for financing a second home. The key is understanding what’s…
You’re pre-approved for a mortgage and can’t wait to become a homeowner, but there’s one big question. When is your first mortgage payment due? After closing on a house, making the down payment, and covering the closing costs, you likely…
Considering a move to Philadelphia or the surrounding counties? At Innovative Mortgage Brokers, we understand how exciting, yet overwhelming, it can be to relocate to a new city. There are numerous factors to consider, including finding the perfect neighborhood, choosing…
Introduction Explanation of what an FHA mortgage is A Federal Housing Administration (FHA) mortgage is a government-backed loan program designed to help homebuyers secure affordable financing for their homes. It was established in 1934 as part of the National Housing…
