Home Ownership Archives - Mortgage 1 Inc.

April 16, 2025

Got a Rent Increase Notice? Here’s Why It Might Be Time to Buy

Rent keeps going up, and so does the stress that comes with it. If you’ve just opened another rent increase notice, take it as a sign—it’s time to ditch renting for good. Homeownership offers stability, control, and the long-term financial benefits that renting simply can’t […]

March 18, 2025

Get a Mortgage Where you call the shots, pick a term

Are You Ready For a Mortgage Where You Call The Shots?

Wouldn’t it be great if you could tailor your mortgage to fit your needs? Imagine having the freedom to choose a loan term that aligns perfectly with your financial goals—whether you want to pay off your home faster or keep your monthly payments lower. Instead […]

February 25, 2025

Temporary Buydown: Pros, Cons, and When to Use One

Navigating the high-interest mortgage market can feel daunting, especially for first-time buyers. That’s where a temporary buydown comes in. This creative financing tool offers reduced payments early in the loan, making homeownership more manageable. Whether you’re a buyer aiming to ease upfront costs or a […]

February 20, 2025

What is Mortgage Insurance? Everything You Need to Know

Buying a home often feels out of reach for many buyers due to the traditional requirement of a 20% down payment. Fortunately, today’s market offers several low down payment programs that make homeownership more accessible. However, if your down payment is less than 20%, you’ll […]