Mortgage Resource Center
The Art of Homeownership
Whether you're thinking about buying a new home, refinancing your current home, or are looking for more information about home ownership, this is your center for mortgage knowledge.
Pour yourself a piping hot cup of coffee, sit back, and explore
our informative blog articles, interactive calculators, videos and more.
The Dos and Don'ts of Applying for a Mortgage
Applying for a mortgage is a big deal! It may look like rough seas, but knowing what to do and what not to do when applying for a mortgage can make the whole process smooth sailing. To get you started, we've put together a list of Dos and Don'ts to guide you through the application process.
Before buying your new home, you should invest in a home inspector to make sure your house is up to code! Home inspectors help provide peace of mind about the investment you make in your new home is a successful one from the start. Learn more about home inspections, who to call and what to expect.
Job History and Income Stability
When applying for a mortgage, your Mortgage Loan Officer will most likely ask you about your recent job history and income stability to determine what mortgage is the best fit for you. Learn what you'll need to prepare for your mortgage interview!
Refinancing your mortgage can be a scary concept, but it doesn't have to be! Read on to understand a few of the common situations where a homeowner might consider refinancing their mortgage.
Understanding the Mortgage Process
So you've decided to purchase a home. Although this is an exciting time in your life, it can also be a scary proposition. Where do you start? How much will it cost? How long will it take?
Home Ownership: More than Just a Mortgage
You signed on the dotted line. Congratulations, you're a homeowner! Unfortunately, the costs of owning a home extend beyond just your mortgage principal and interest. It is estimated that the average homeowner spends $9,000 a year in other costs related to home ownership.
Pre-qualification Can Get You to Your Dream Home Faster
You've found your dream home. Everything from the neighborhood to the floor plan is perfect. The only problem - you haven't been pre-qualified for a mortgage yet and you're afraid other parties are interested in the house.
Programs Available to First-Time Home Buyers
Buying a home, especially your first home, is a big deal. It's exciting, but there's also a lot to think about. Equity Bank is here to help you navigate the home buying process. There are a variety of federal, regional, and local programs available to first-time home buyers.
Fixed vs. Adjustable-Rate Mortgages
Your interest expense is one of the most important factors of any mortgage. As a driver of your monthly payment, your interest rate determines the amount of interest you will pay over time, which equates to a big chunk of the total cost of home ownership. But how do you know which loan is right for you?
Five Things to Consider Before Getting a Home Loan
A home loan has terms that may be easily overlooked—everyone needs a place to live, right? Well, it’s actually a long-term commitment that should be thoroughly examined.
Your Mortgage Checklist
A home is more than just a roof over your head - it's where life happens. Getting into your dream home is a huge milestone in your life, but it doesn't have to be challenging...
Determining a Down Payment That's Right for You
Brewing that morning cup of joe at home, eating out less, working a few hours of overtime. We know the sacrifices required to save up for your dream home. But how much should you save for a down payment?