Latest Articles
Mortgage Advice, Real Estate Market Updates, and Home Buying Tips
Big News: Fannie Mae Just Made Mortgages More Affordable
Published:
May 23, 2025
Fannie Mae’s 2025 Area Median Income (AMI) update makes it easier for homebuyers to qualify for lower mortgage fees and affordable HomeReady® loans. Learn more!
How to Relocate to Another State
Published:
May 1, 2025
Planning a big move? Your relocation checklist should start with a mortgage pre-approval from Onshore Mortgage, LLC. It gives you buying power and peace of mind before you even pack a box. Let’s get you ready for your next chapter!
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A Guide to Using a Mortgage Calculator
Published:
April 17, 2025
Mortgage calculators are “self help” tools that aid in making informed decisions about home loans. They provide insights into your estimated monthly payments, down payment options, interest rates, and total loan costs, which can help you tailor your loan to your financial situation. By experimenting with different scenarios, you can gain the confidence needed to confidently navigate the path to homeownership or make smart refinancing decisions.
Understanding Capital Gains Tax When Selling Your Home
Published:
April 1, 2025
Selling your home? You may owe capital gains tax on your profit. However, the IRS allows exclusions of up to $250K for individuals and $500K for married couples if you meet ownership and residency requirements. If your capital gain exceeds these limits, strategies like tracking home improvements or a 1031 exchange may help. Always consult a CPA for expert tax advice before making decisions.
The Effect of Home Insurance Rates on Your Mortgage Payment
Published:
March 1, 2025
Rising home insurance premiums can impact your mortgage payment. Learn how to manage costs and protect your investment effectively.
Asset-Rich, Cashflow-Poor Mortgages: A Guide for Borrowers
Published:
February 1, 2025
The Asset-Only Loan program is ideal for asset-rich, cash-poor borrowers—such as retirees or business owners—who seek a mortgage without traditional income documentation. This program allows qualified borrowers to leverage liquid assets to meet loan requirements, with up to 90% financing for purchases or 80% for refinances, though higher interest rates and potential asset depletion should be carefully considered.
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Onshore Mortgage
The information contained in this site has been prepared by an independent third party and is distributed for educational purposes only. This is designed to give helpful tips on the mortgage process and is not intended to give legal advice.
Information is considered reliable but not guaranteed. This is not a pre-qualification, pre-approval, loan approval or commitment to lend. We arrange but do not make loans.
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