Refinancing your mortgage can be a smart financial move—whether you’re lowering your interest rate, shortening your loan term, or cashing out equity. But before you jump in, it’s essential to understand that refinancing isn’t free. At Rapid Home Loan, our…
If you’ve started shopping for a mortgage or home loan, you might have come across the term Good Faith Estimate (GFE). While once a standard part of the mortgage process, the GFE has evolved over time—and today, it’s no longer…
Inflation has been a hot topic in recent years—and for good reason. As prices for goods and services rise, everything from groceries to gas becomes more expensive. But inflation doesn’t just affect your everyday purchases—it also plays a major role…
In recent years, we’ve seen central banks raise interest rates in an effort to manage inflation and stabilize the economy. But what does that actually mean for you as a homeowner? At Rapid Home Loan, we believe in making complex…
Buying a home can feel out of reach for many people—especially when you factor in the down payment, closing costs, and other unexpected expenses. But here’s the good news: there are local grant programs available that can help make homeownership…
Shopping for a mortgage is one of the most important financial steps you’ll ever take—but many borrowers worry about how it could impact their credit. After all, applying with multiple lenders can lead to multiple credit inquiries… right? At Rapid…
Thinking about buying a duplex or multi-unit property? Whether you’re looking to live in one unit and rent out the others, or dive into real estate investing full-time, multi-unit homes offer a powerful way to build wealth. But financing these…
Applying for a mortgage is a big step—and choosing the right mortgage broker can make or break your experience. At Rapid Home Loan, we believe in full transparency and open communication with our clients. Asking the right questions up front…
For decades, one piece of homebuying advice has echoed louder than the rest: “You need 20% down to buy a house.” While that might have been true in the past—or might still be ideal in some cases—today’s mortgage landscape offers…
Life happens. Whether it was a job loss, medical emergency, divorce, or economic downturn — bankruptcy or foreclosure can feel like a major setback. But here’s the good news: you can still buy a home again, and Rapid Home Loan…
