The COVID-19 pandemic reshaped many industries, and the mortgage sector was no exception. As we move further away from the pandemic, the mortgage industry continues to adapt, reflecting new economic realities, regulatory changes, and shifts in consumer behavior.
When selecting a mortgage, one of the most critical decisions is choosing the right amortization schedule. This choice significantly impacts your monthly payments and the total interest you'll pay over the life of the loan.
As a mortgage originator, I often encounter homeowners and buyers looking for ways to finance their home improvement projects. Renovation loans offer a fantastic solution, enabling you to upgrade and personalize your home while incorporating the cost into your mortgage.