February 2021 - Mares Mortgage

How to Pay Off Your Mortgage in 5 Years

Owning a home has always been a big part of the American dream, but spending 30 years in debt for a traditional mortgage probably sounds scary. Mortgages aren’t necessarily that bad compared to other high-interest debts, like credit cards, but it’s still a debt that will weigh on your mind. What if you could pay […]

What Happens to Your Mortgage When You Sell Your House

What Happens to Your Mortgage in a Typical Sale In a traditional home sale, ideally, you will sell your home for more than the amount that’s left on your mortgage. Especially if you’ve been paying the mortgage for years, you will have equity built up in your house, and you can cash in on it […]

What Are Some Mortgage Modification Options?

Life circumstances often change, and sometimes that change means that our financial situation changes. Refinancing is a good option, but not everyone can qualify. Unforeseen circumstances like a loss of income, natural disaster, or divorce can put homeowners in a tight spot — facing foreclosure. When this happens, mortgage modification can be a good solution […]