As with any loan or line of credit, there are benefits to getting your mortgage paid down. You’ll pay less in interest, potentially saving thousands over the repayment period. Moreover, you’ll own your home outright that much quicker. Let’s explore four money-smart strategies that will help you to pay your mortgage off faster.
Entries Tagged as 'Home Mortgage Tips'
Pay Your Mortgage Off Faster With These Money-Smart Strategies
October 4th, 2017 · Comments Off on Pay Your Mortgage Off Faster With These Money-Smart Strategies
Tags: Home Mortgage Tips
Speed up Your Mortgage Closing Process With This Handy Four-step Guide
October 3rd, 2017 · Comments Off on Speed up Your Mortgage Closing Process With This Handy Four-step Guide
Are you in the market for a new house or apartment? If you are financing the purchase by taking out a mortgage, you’ll want to know how to make this transaction run as smooth as possible. In today’s article, we’ll share a quick four-step guide to speeding up the mortgage closing process.
Tags: Home Mortgage Tips
Understanding the Differences Between ‘Prequalified’ And ‘Preapproved’ For a Mortgage
September 22nd, 2017 · Comments Off on Understanding the Differences Between ‘Prequalified’ And ‘Preapproved’ For a Mortgage
Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so you can start finding homes in your price range?
Tags: Home Mortgage Tips
You Ask, We Answer: What Are the Fees and Costs That Come Along With a Mortgage?
September 15th, 2017 · Comments Off on You Ask, We Answer: What Are the Fees and Costs That Come Along With a Mortgage?
Have you been considering a mortgage for your next home purchase? As with any loan or financial product, there are a variety of fees and costs you may incur in the process of closing your mortgage. In today’s post, we’ll explore a few of these potential fees and the situations in which you may encounter them.
Tags: Home Mortgage Tips
Is It Possible to Get a Mortgage With Less-than-Perfect Credit? Yes – and Here’s How
September 1st, 2017 · Comments Off on Is It Possible to Get a Mortgage With Less-than-Perfect Credit? Yes – and Here’s How
Are you thinking about buying a new house? Whether you’re a first-time or experienced buyer, if your credit score isn’t looking too hot it can affect how much mortgage financing you receive – or whether you’re approved at all! But don’t fret. It’s still possible to get a mortgage approved, even with credit issues. Below we’ll share a few ways that you can get a mortgage loan even if your credit is less than perfect.
Tags: Home Mortgage Tips
The Quick and Easy Guide to Determining How Big of a Mortgage Your Family Can Afford
August 23rd, 2017 · Comments Off on The Quick and Easy Guide to Determining How Big of a Mortgage Your Family Can Afford
Are you shopping around for a new house or apartment? One of the key considerations you will need to make is figuring out how much you want to invest in your new home. Below you’ll find our quick and easy guide to determining just how much “house” you can afford. Let’s get started!
Tags: Home Mortgage Tips
Thinking About a New Home? 3 Reasons Why a Mortgage Will Be the Best Money You Ever Borrow
August 10th, 2017 · Comments Off on Thinking About a New Home? 3 Reasons Why a Mortgage Will Be the Best Money You Ever Borrow
In these days of low interest rates, it can be a great idea to get into the real estate market and invest in a home. However, if you don’t have the funds saved up to buy a home outright, it may seem like more of a burden than it’s worth. The good news is that you might qualify for a mortgage loan, which tend to come with more favorable terms than a traditional bank loan. Here are three reasons why a mortgage might just be the best money you ever borrow.
Tags: Home Mortgage Tips
Understanding Your FICO Score and Why Small Credit Mistakes Can Cause Huge Headaches
August 8th, 2017 · Comments Off on Understanding Your FICO Score and Why Small Credit Mistakes Can Cause Huge Headaches
Many people all over the world are dealing with issues involving debt or poor credit history, but most aren’t necessarily aware of what exactly makes up their credit score. Unfortunately, it might seem like it’s the big stuff that counts when it comes to credit, but little things can have a significant impact on your financial health. If you’re looking to improve your understanding and your finances, here’s what you need to know about small mistakes and your FICO score.
Tags: Home Mortgage Tips
Finding Your Latte Factor: 3 Ways to Find the Money to Make Extra Mortgage Payments
August 8th, 2017 · Comments Off on Finding Your Latte Factor: 3 Ways to Find the Money to Make Extra Mortgage Payments
It’s not uncommon for a homeowner to want to pay more than the minimum monthly mortgage payment on their home. However, just because it can seem hard to come up with the funds on a monthly basis doesn’t mean it’s not possible to find the money for extra mortgage payments each year. If you’re wondering how you can pay down your mortgage debt much sooner with extra money, here are some tricks you may want to try.
Tags: Home Mortgage Tips
With Mortgage Rates This Low, Should You Dive In? 3 Reasons Why Now Might Be the Time
August 3rd, 2017 · Comments Off on With Mortgage Rates This Low, Should You Dive In? 3 Reasons Why Now Might Be the Time
Whether you’ve just finished school or are about to start a family, investing in a home can be one of the biggest financial decisions of your life. But as you’ll soon discover, there are a number of considerations you’ll need to make. It can be difficult to know whether to get a short-term or long-term mortgage, or how long of an amortization period you’ll need.
Tags: Home Mortgage Tips