Felton R. Leagons

Mortgage Broker

NMLS# 918932

Felton R. Leagons Mortgage Broker

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Understanding Mortgage Closing Costs

Understanding Mortgage Closing Costs

Closing costs are the fees and expenses you pay when finalizing your home purchase. These costs cover services provided by your lender, third-party professionals, and prepaid items that protect your investment. Understanding what you'll pay helps you budg

Oct 07, 2025 | Purchasing a Home

VA Loans: Your Qualification Guide

VA Loans: Your Qualification Guide

Veterans and active-duty military personnel have access to one of the best mortgage programs available—VA loans. Since 1944, this benefit has helped millions of service members buy homes with no down payment and better terms than conventional mortga

Sep 30, 2025 | VA Loans

A Mortgage Tax Credit That Could Save You $2,000 a Year

A Mortgage Tax Credit That Could Save You $2,000 a Year

Homeownership feeling out of reach? There's a little-known federal program that could cut your annual tax bill by up to $2,000 and make buying a home much more affordable. What Is a Mortgage Credit Certificate (MCC)? A Mortgage Credit Certificate is a fed

Sep 23, 2025 | Purchasing a Home

Does Refinancing your Mortgage Make Sense?

Does Refinancing your Mortgage Make Sense?

Is your current mortgage rate still working for you? If you're paying more than necessary, now might be a good time to consider refinancing. Even a small drop in your interest rate can make a noticeable difference in your monthly payments — and your

Sep 16, 2025 | Interest Rates

More Borrowers Are Putting 20% Down - Should You?

More Borrowers Are Putting 20% Down - Should You?

If you're thinking about buying a home, you've probably heard you need a 20% down payment. But is that always true? Let’s take a closer look at what’s really required—and what’s possible for you. Why 20% Is Still Popular You might

May 29, 2025 | Purchasing a Home

Where Do Mortgage Lenders Get Funds for Home Loans?

Where Do Mortgage Lenders Get Funds for Home Loans?

When you're buying a home, it might seem like mortgage lenders have endless money to give out. But in reality, the process behind the scenes is more structured—and understanding it can help you feel more confident about buying a home. What Is a Mort

May 27, 2025 | Purchasing a Home