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Learning & Guidance

Skyla's Learning and Guidance provides you with dozens of educational resources, guides, quizzes, and customizable templates to make connecting the financial dots in planning, implementing, and reaching success simple. Check it out!

Home Buying

By: Yanna
October 12th, 2022

Interest-only mortgages work similarly to adjustable-rate mortgages (ARMs). In a nutshell, interest-only mortgages are when you only pay the interest on the mortgage for the first couple of years of the loan and not any of the principal payments.

Home Buying

By: Yanna
October 12th, 2022

Homebuying can be a complex process but understanding the basics of mortgages is a good place to start! There are many different mortgage products available, and the terms of the loan will vary depending on the lender and the borrower's circumstances.

Home Buying

By: Yanna
October 12th, 2022

So you’re ready to buy a home? As you research lenders, you're probably wondering how long it takes to get approved for a mortgage

Home Buying

By: Yanna
October 12th, 2022

Have you ever wondered what the difference is between being pre-qualified and pre-approved for a mortgage? It can certainly be confusing, especially if you're new to mortgages, but they’re helpful when it comes to purchasing your new home.

Home Buying | Building Savings

By: Yanna
October 12th, 2022

One of the biggest expenses associated with purchasing a home is the down payment. For most mortgages, lenders require borrowers to put down at least 20% of the purchase price of the home.