801-907-1775 info@fmyloan.com

Education

Learn and understand the process of selling your home.

F My Loan Logo Icon
Can I sell my homes mortgage?

yes, absolutely! You are completely free to sell your home before paying off your mortgage. Most home buyers get a 30-year mortgage and very few of those buyers stay in the home for a full thirty years. Therefore it is really common for homes listed for sale to have an active mortgage in place. 

What is equity in your home?

Equity is your financial stake in the property you own. It’s the dollar amount you earn on your home when you sell it, after paying off your mortgage and deducting other selling-related expenses.

What are my net proceeds?

Home sellers should ask their listing agents to estimate their net proceeds from the sale. Net proceeds are basically the sale price of the home – (loans + selling costs and fees).

Before listing your home, right at the very start of the process, you want to do a net proceeds calculation to see if you will actually walk away with a net profit.

Popular Resources

Current Rates

Current interest rates for home loans or mortgages. These rates determine the cost of borrowing money to purchase a home and are influenced by a variety of factors, including the overall state of the economy, the supply and demand for homes, and the policies of the Federal Reserve.

Tools & Estimators

Add any tool/ estimator to help clients get understand.

Frequently Asked Questions

How long does it typically take to sell a home?

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer et sapien id risus rutrum hendrerit at vel mauris. Sed sit amet sollicitudin mi, sit amet mollis purus. Quisque nec risus a risus maximus vehicula. Nunc commodo tellus tellus, at viverra felis faucibus eu. Nulla facilisi. Quisque tempor mauris semper lacus suscipit moles

What is the current market value of my home?

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer et sapien id risus rutrum hendrerit at vel mauris. Sed sit amet sollicitudin mi, sit amet mollis purus. Quisque nec risus a risus maximus vehicula. Nunc commodo tellus tellus, at viverra felis faucibus eu. Nulla facilisi. Quisque tempor mauris semper lacus suscipit moles

How do I handle multiple offers on my home?

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer et sapien id risus rutrum hendrerit at vel mauris. Sed sit amet sollicitudin mi, sit amet mollis purus. Quisque nec risus a risus maximus vehicula. Nunc commodo tellus tellus, at viverra felis faucibus eu. Nulla facilisi. Quisque tempor mauris semper lacus suscipit moles

How can I ensure a smooth and successful home sale?

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer et sapien id risus rutrum hendrerit at vel mauris. Sed sit amet sollicitudin mi, sit amet mollis purus. Quisque nec risus a risus maximus vehicula. Nunc commodo tellus tellus, at viverra felis faucibus eu. Nulla facilisi. Quisque tempor mauris semper lacus suscipit moles