As a new homeowner, it’s important to understand what exactly goes into your monthly mortgage payment, since it can affect how you pay off the loan.
Since mortgage interest rates will impact how much you pay per month, it’s critical you know how to calculate your monthly payment.
BayCoast Mortgage Company, LLC, a wholly owned subsidiary of BayCoast Bank, is proud to announce an exciting expansion of service in Dukes County, Massachusetts, with the purchase of Martha’s Vineyard Mortgage Company, LLC.
When buying a home, unless you have all the money up front, chances are you’ll need a mortgage to make that important purchase. But what exactly is a mortgage?
You’re finally ready to leave the world of renting behind and become a homeowner. But the process of buying your first home can feel daunting, from all the new terminology to the amount of money involved.
Congratulations on your decision to become a homeowner! Every home buying experience is as different as a fingerprint. But there are general guidelines as to how the home buying process works.
When it comes to buying a house, there are lots of financing options out there. Depending on different criteria, you might be eligible for more than one type of financing.
If you’re a member of the military, a veteran, or the qualifying spouse of a service member, a VA loan could help you finance your dream home off base.
Unlike traditional home financing options, FHA loans are backed by the federal government. This means more opportunities for potential homebuyers meeting FHA lending qualifications.
Here are a few of our favorite sites in Southern Massachusetts. We hope you’ll enjoy them too!
In appreciation for their service, leadership, and sacrifice, a host of VA benefits await eligible veterans, active-duty military members, and family members living in our area.
With so many mortgage companies out there, it’s essential to know exactly who is loaning you money. So, we wanted to show you just how easy applying for a mortgage can be with a lender who’s just right for you.
Whether you’re local or just visiting The Ocean State, it’s an easy drive to any of Rhode Island’s top attractions.
Although the process may seem complicated, we’ve put together this primer to help you understand the ins and outs of the mortgage process and show you how easy it can be with the right lending partner.
With rental prices on the rise, you might think owning a home just isn’t in the cards for you. If that’s the case, think again!
If you’ve never bought a home—or it might have been a while since you did—buying a home can feel like a complicated process. There’s lots of paperwork and even more industry jargon to weed through. So, we asked BayCoast Mortgage Senior Loan Officer Simon Theberge to teach us what you need to do before buying a home.
Let’s take a look at a few key areas to focus on, in hopes of helping you decide whether new or “new-to-you” is right for you and your family.
When it comes to the type of mortgage you choose, there’s really no right or wrong answer—every family’s goals and dreams are different from the next.
Have the home improvement shows got you ready to make a change to your house? Remodeling and renovations can range in scope, size, and cost—it just depends on your need.
Let’s take a look at both types of loans, so you will have a better idea of your options when you contact a BayCoast Mortgage lending professional.