Tag: Mortgage

Posted on 01/03/2022

Financial Tips Every New Homeowner Should Know

Photo by William Fortunato from Pexels Buying a home is a big decision made up of dozens of smaller decisions. With so many moving parts in the process it's difficult to know you’re making the best choices. Some of the most important choices in buying a home have to do with finances. Here we will go over some...

First Time Buyer

Credit Score

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Posted on 08/09/2021

Do I qualify for a conventional mortgage?

Photo by TheDigitalWay via Pixabay Looking to buy your first home? Unless you have a couple hundred thousand in the bank, a rich family member or a winning lottery ticket, you’re going to have to borrow money. TV ads suggest it’s as easy as clicking your phone, and in some cases it might be, but you should know...

Home Buyer

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Posted on 01/05/2020

PMI and Down Payments

Image by Charles 🇵🇭 from Unsplash Part of buying a home is researching the market and your finances. Most lenders require you to put at least 20 percent down or pay private mortgage insurance (PMI). Since PMI is a cost that does not lower your interest rate or principal, it’s almost always better to save up that hefty...

PMI

Mortgage

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Posted on 09/29/2019

Let's Dispel Some Old Mortgage Myths

Myths are lies that are perceived to be true. Like every other industry in the world that has myths surrounding them, the real estate industry has its tales. People have ideas in their head about the mortgage industry that are not true. If you are buying a house and all you feel is happiness, then you might be...

Mortgage

Personal Finance

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Posted on 09/15/2019

Is Refinancing Right For You?

Every homeowner knows how difficult it is to maintain a household. There are so many things that could go wrong in one’s life that committing to significant home payments may cause trouble. Those who have been in debt knows that the reality of real estate is that it goes up. The value of your house would increase with...

Refinancing

Mortgage

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Posted on 08/04/2019

Tips to Plan for A Home Appraisal

The home appraisal is the process of re-evaluating or revaluing your property to determine the market value either because you want to put the house up for sale or because you want to refinance your mortgage. When you put up your property for sale, you want to have it appraised by a professional as this will give you...

Mortgage

How To

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Posted on 07/07/2019

Applying For a Bank Mortgage; What You Need to Know

Few people can save up the cash required to buy a house. If you're contemplating buying your first house, your first stop will probably be your local bank to inquire about a mortgage. When you talk to the mortgage officer, they will ask you to provide several documents. Various documents will be required at different stages of the...

Prequalification

Mortgage

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Posted on 02/25/2019

Everything You Need to Know About Mortgage Types

If buying a home is something you’re considering, you might be curious about the different types of mortgages that are available to you. After all, the interest rate on your loan could have a huge impact on your finances over time, saving you thousands of dollars. In today’s post, I’m going to demystify the home loan by explaining the...

Mortgage

Buying A Home

Posted on 01/14/2019

Quick Money Saving Techniques for a Mortgage Down Payment

Buying a home will likely be one of the largest financial decisions you will make in your lifetime. While this may seem scary at first, it’s worth noting that buying a home can also be a valuable financial investment. When it comes to preparing to buy a home, many people just wait until they run out of room in...

Down Payment

Saving Money

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