Team Hochberg Blog
Interest-Only Mortgages: Back and Better than Ever?
For those of you who lived through the Wild West days of real estate back in 2007 and 2008, you might remember a loan product that was used to put economically challenged individuals into homes they had no business being in that had a simple title… Interest-Only Loans Homeside Financial, LLC. is one of the…
Read MoreIs it Cheaper to Buy or to Keep Renting?
If you are looking to buy, but nervous to make the jump into home ownership, let me be perfectly clear. It’s cheaper to buy than it is to rent! Sometimes by hundreds of dollars a month! Time and time again this gets proven to me with our clients we help secure their first home or…
Read MoreWhat’s My Interest Rate?
If I meet someone at a party (by the way… you should invite me to your party) and I tell them what I do, they almost always ask the same question. “What’s my interest rate?” If any person gives you an answer to that question other than, “it depends,” don’t take any financial advice from…
Read MoreCredit Card Debt: Are Women Smarter than Men?
I have a very important announcement. Women are smarter than men. As you take a moment to recover from my breaking news, check out this article that details how women handle credit card debt more responsibly than men do. If you have questions about your credit, give me a call today at 855-563-2843. I’ll be…
Read MoreSell Your Home at the Right Price: Even if it Needs Repairs
You’ve heard me advocate for a while now for people to use realtors when they are buying or selling their home. As much as you think you can sell your home without any help, you can wind up leaving a ton of money on the table. One of the most important scenarios for a seller…
Read MorePark Forest: Affordable, and Closer Than You Think!
Park Forest made a list recently of among the seven most affordable places to live in the country. If you’re a first time home buyer, you’re trying to navigate the ever-changing real estate process, and how affordable your home is might be the most important factor in your search. If you’re looking in any of…
Read MoreAmerica’s Debt: Why $1 Trillion Worth of Credit Card Debt isn’t Necessarily a Bad Thing
About once a week someone comes on my TV and tells me that America’s debt is catastrophic, that China is going to take over our country since they own so much of our debt, and that we are all going to die. As always, what’s actually going on with America’s debt is a little bit…
Read MoreClosing Costs: How to Understand the Fees on Your New Mortgage
Several months ago I debuted my #ClosingCostChallenge. If you bring me a Loan Estimate from any of my competitors that advertise on the radio, I will compare apples to apples with what Homeside Financial, LLC. can offer and if we can’t beat the other lender’s costs, I’ll donate to the charity of your choice whatever…
Read MoreReverse Mortgage Loans: The Most Misunderstood Loan Product
Reverse mortgage loans can be great products, but they are undoubtedly the most misunderstood product out there today. Terrible lenders and general con artists love to use the foundation of a reverse mortgage loan to scam people. But that has nothing to do with reverse mortgage loans. Having said that, misunderstanding what a reverse mortgage…
Read MoreHow To Screw Up Your Credit Score Without Knowing It
Normally when you’re screwing something up… you’re aware of it. That’s at least how it normally goes for me. But when it comes to your credit, there is so much misinformation out there that it’s easy to make mistakes that hurt your credit… when you think you’re actually helping. Check this out for more information.…
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