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Entries Tagged as 'Home Mortgage Tips'

Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount

January 11th, 2018 · Comments Off on Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount

Are you making an offer on a new home in a hot housing market? If so, one possibility is that you are going to end up bidding against other buyers who are looking to buy the same home. Unfortunately, in some cases bidding wars are inevitable, and they can be a significant source of stress. Let’s take a look at three ways that you can win a bidding war without having to spend more than you can afford.

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Tags: Home Mortgage Tips

How to Run a Quick Financial Health Check Before You Apply for a Mortgage

January 10th, 2018 · Comments Off on How to Run a Quick Financial Health Check Before You Apply for a Mortgage

Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let’s take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage.

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Tags: Home Mortgage Tips

Can I Buy a Piece of Land and Build a House on It With a Mortgage? Yes — Here’s How

January 9th, 2018 · Comments Off on Can I Buy a Piece of Land and Build a House on It With a Mortgage? Yes — Here’s How

Have you been hunting for a new house without finding one that suits your needs? If so, one option that you may want to consider is building a new construction home on a choice piece of land. In today’s blog post we will explore a few different mortgage options for those who are looking to build a brand-new home.

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Tags: Home Mortgage Tips

The Pros and Cons of a Large Down Payment When Buying a Home

January 3rd, 2018 · Comments Off on The Pros and Cons of a Large Down Payment When Buying a Home

If you are in the market for a new home, one of the considerations you will need to make is how much to invest in your down payment. Let’s take a quick look at some of the pros and cons of making a large down payment when buying your next home.

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Tags: Home Mortgage Tips

Make 2018 the Year You Escape the ‘Rental Trap’ by Buying Your Own Home

December 13th, 2017 · Comments Off on Make 2018 the Year You Escape the ‘Rental Trap’ by Buying Your Own Home

Are you growing tired of paying rent each month and not building your net worth? Being stuck in the ‘rental trap’ isn’t much fun, but if you are determined, you can break out. Let’s explore some of the steps that you can take to make 2018 the year that you become a homeowner.

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Tags: Home Mortgage Tips

Graduating With Student Loan Debt and Worried About Your Mortgage Prospects? You’re Not Alone

December 8th, 2017 · Comments Off on Graduating With Student Loan Debt and Worried About Your Mortgage Prospects? You’re Not Alone

Did you recently graduate from college or university? If so, you may still be dealing with a financial hangover in the form of student loan debt. The vast majority of today’s students have to borrow to invest in their education, which can affect financial plans once school is finished. In today’s post, we will explore buying a home with a mortgage when still dealing with outstanding student loan debt.

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Tags: Home Mortgage Tips

Taking Out a Mortgage for the First Time? Learn Why a Condo Might Be a Great First Home

December 6th, 2017 · Comments Off on Taking Out a Mortgage for the First Time? Learn Why a Condo Might Be a Great First Home

Are you starting to tire of paying your monthly rent to someone and never building any equity? Renting forever can be a significant pain, especially as you’re contributing to someone else’s financial well-being. The good news is that there are affordable real estate options out there for those investing in their first home. Below we will share a few excellent reasons why an apartment or condo might be the best choice for a first-time home buyer.

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Tags: Home Mortgage Tips

Single and Considering a New Home? Here’s What You’ll Need to Know About Your Mortgage

December 1st, 2017 · Comments Off on Single and Considering a New Home? Here’s What You’ll Need to Know About Your Mortgage

Have you decided that it is time to move on from renting? If you are single and living alone, you may be wondering whether or not homeownership is right for you. Let’s have a look at a few key factors that you will need to be aware of when taking out a mortgage as a single person.

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Tags: Home Mortgage Tips

Considering a New Home Next Year? Start Now and Get a Jump on Improving Your Credit Score

November 8th, 2017 · Comments Off on Considering a New Home Next Year? Start Now and Get a Jump on Improving Your Credit Score

In the market for a new home in 2018? With the new year just a few short weeks away, that leaves you with precious little time to get your finances in order. Let’s explore a few tips that will help you get a jump on improving your credit score before the end of the year.

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Tags: Home Mortgage Tips

How to Use a Mortgage to Buy a Home After Going Through a Bankruptcy

October 11th, 2017 · Comments Off on How to Use a Mortgage to Buy a Home After Going Through a Bankruptcy

While it is sometimes the best option to get your finances repaired, the bankruptcy and following discharge period can be tough. However, while it may delay things for a couple of years, the good news is that even a bankruptcy won’t stop you from borrowing a mortgage to buy a home. In today’s article, we will share some insight into how you can get a mortgage loan after going through bankruptcy.

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Tags: Home Mortgage Tips