Articles by Alaya Linton
2022 Alabama First-Time Homebuyer Programs
February 18, 2022
First-time homebuyer programs in Alabama help residents make their dreams of homeownership a reality. Assistance varies among the programs and includes low-interest loans, down payment... read more
How Much Equity Do You Need for a Reverse Mortgage?
November 24, 2021
To qualify for a reverse mortgage, borrowers must own their home outright or have significant equity. Exactly how much equity do you need for a... read more
Can You Refinance a Reverse Mortgage and Is It a Smart Move?
November 23, 2021
Yes, you can refinance a reverse mortgage to change the existing loan terms or move to a different type of mortgage. The process is similar... read more
Balloon Mortgage: What It Is and How It Works
October 29, 2021
Balloon mortgages are home loans with a large, one-time payment due at the end of the mortgage term. The final payment repays the loan in... read more
What is a Mortgage Funder?
October 18, 2021
A mortgage funder is responsible for fine-tuning the final details of your loan. They ensure all closing documents are in order and the mortgage funds... read more
