3 of the most popular Ohio home loans we provide here at Schmidt Mortgage Ohio are listed below. We've highlighted just a few of the key differentiators between these mortgage types that will help you understand which one may be best suited for your needs. If you'd like to learn more about all the Ohio home mortgage products we offer, please click below.
Typically a fixed rate home loan that allows the borrower to eliminate mortgage insurance once they hold >20% equity in their property.
This home loan program allows down payments as low as 3.5% of the purchase price, although you are required to pay mortgage insurance.
Reserved for those who serve our country. VA home loans offer 100% financing, low interest rates & don't require mortgage insurance.
October 4, 2024How Presidential Elections Impact Mortgage Rates and What Homebuyers Should Do When the presidential election season rolls around, most people are focused on the political platforms, debates, and which candidate might lead the country for the next four years. However, for prospective homebuyers, another crucial consideration emerges: how will the election impact mortgage rates? While […]
September 27, 2024Boosting Long-Term Value with Energy Efficiency When it comes to adding long-term value to your home, not all investments are created equal. While flashy improvements like updated kitchens or trendy décor might offer short-term gratification, the best investments are those that stand the test of time and continue to enhance your home’s value for years […]
September 21, 2024Don’t Ruin Your Sale Selling your house is a big step and often a complex process. The goal is to find the right buyer quickly and smoothly, but many factors can derail a sale if not handled properly. Whether you’re a first-time home seller or you’ve sold property before, being aware of potential pitfalls can […]
September 13, 2024Setting the Stage for Success Buying a home is one of the biggest financial decisions most people make, and it can also be one of the most exciting. Whether you’re a first-time buyer or someone who has purchased property before, the homebuying process can feel overwhelming. One of the smartest moves you can make early […]
20545 Center Ridge Road #250 Rocky River, OH 44116
