When Should You Consider Refinancing?

Should You Refinance - Pinnacle Capital Mortgage

Maybe you’ve heard about the benefits of refinancing your mortgage to take advantage of the currently low interest rates. Does that mean it’s a good time to refinance for your situation? That all depends on a variety of factors. In general, there are a handful of reasons you may want to refinance, such as you wish to take advantage of lower interest rates or secure other debts. However, each reason and method of refinancing often comes with some pros and cons homeowners should be aware of, which will ultimately help determine if now is the right time to refinance. Continue reading…

What to Do When You Move Into Your New Home

Things To Do With Your First Home - Pinnacle Capital Mortgage

Purchasing and moving into a new home is one of the most exciting points in a homeowner’s life. It can feel like a triumph after a long process of paperwork, financial scrutiny, house hunting, inspections and negotiations. However, the process isn’t quite over when you step foot in your new place. There are still plenty of tasks to take care of before you can really start calling your new house your home. Continue reading…

What is a Reverse Mortgage?

Reverse Mortgage - Pinnacle Captial Mortgage

A reverse mortgage is a type of loan available to certain homeowners, usually those who are 62 years of age or older and only if they own their home outright or have significant equity in their current home. As its name suggests, it works in reverse fashion than that of a normal mortgage. Essentially, if you have home equity, you can “cash in” your equity and receive money from your lender by using your home as collateral. Continue reading…

Common First-Time Homebuyer Mistakes to Avoid

FirstTime Homebuyer - Pinnacle Capital Mortgage

Buying your first home is a big part of realizing the American dream. Even though securing financing, house hunting, negotiating with sellers and closing can be a laborious and time-consuming process, it’s most certainly worth it for people and families who are seeking a place they can call their own.

As with most things in life, mistakes are most likely to happen the first time you do something. Being cognizant of home buying best practices and common missteps can help ensure your first experience won’t leave you with a bad aftertaste. Continue reading…

Mortgage Calculator