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Entries Tagged as 'Home Mortgage Tips'

Understanding the Reverse Mortgage and How to Use It to Pay Off a Regular Mortgage

January 13th, 2017 · Comments Off on Understanding the Reverse Mortgage and How to Use It to Pay Off a Regular Mortgage

There are a variety of mortgage products out there that serve the needs of different homeowners, but for the uninitiated it can be hard to know what will work best for them. If you happen to be close to retirement and are looking at options that will be more financially beneficial for you, here are the details on a reverse mortgage and how this product can work for you.

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Tags: Home Mortgage Tips

The Pros and Cons of ‘Mortgage Before Marriage’ for Young Couples

January 11th, 2017 · Comments Off on The Pros and Cons of ‘Mortgage Before Marriage’ for Young Couples

There was a time when a higher percentage of people were married before they committed to buying a home together, but it’s a lot more common to co-habit and invest in a home together. If you’re considering the commitment of a mortgage without being married, here are some things to be aware of before you start searching the market.

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Tags: Home Mortgage Tips

4 Things You Absolutely Should Not Do After You Apply for a Mortgage

January 6th, 2017 · Comments Off on 4 Things You Absolutely Should Not Do After You Apply for a Mortgage

If you have a good credit history and are prepared to invest in a home, you may be feeling pretty confident about the mortgage process. However, it’s important to be aware that there are things that can have a negative impact on your application.

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Tags: Home Mortgage Tips

3 Simple Tips for Boosting Your FICO Credit Score Before Applying for a Mortgage

December 23rd, 2016 · Comments Off on 3 Simple Tips for Boosting Your FICO Credit Score Before Applying for a Mortgage

There are a variety of factors that are involved in getting your mortgage approved, but few things will have more of an impact than your FICO score and the credit history that goes along with it. Instead of leaving your score up to chance when submitting your application, here are a few ways that you can boost your financial wellbeing and leave your credit score better off than it was before.

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Tags: Home Mortgage Tips

Self-Employed? Here’s What You’ll Need to Get a Mortgage Approval

December 21st, 2016 · Comments Off on Self-Employed? Here’s What You’ll Need to Get a Mortgage Approval

There’s a lot of flexibility and personal freedom associated with self-employment that can be a great benefit to your lifestyle and your pocketbook. If you’ve recently become self-employed or have been in the game for a while, here are some things you may want to consider before submitting your mortgage application.

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Tags: Home Mortgage Tips

Should You Pay Your Mortgage Bi-weekly or Monthly? Let’s Take a Look

December 9th, 2016 · Comments Off on Should You Pay Your Mortgage Bi-weekly or Monthly? Let’s Take a Look

Most homeowners look at their monthly mortgage payment as their largest cost per month, and something they must do to maintain a good credit history. However, you may have heard of bi-weekly mortgage payments and their ability to lower your debt load and help you pay off your mortgage more quickly.

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Tags: Home Mortgage Tips

First-time Home Buyers: Here’s a Quick and Easy Guide to Your First Mortgage

November 30th, 2016 · Comments Off on First-time Home Buyers: Here’s a Quick and Easy Guide to Your First Mortgage

Whether it’s market conditions or the amount you should be spending, there are a number of factors you’ll need to be aware of. If you’re just starting out and not sure where to begin, here are some points to consider that will set you on the right path.

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Tags: Home Mortgage Tips

3 Ways That You Can Leverage Mortgage Financing to Build a Real Estate Investment Portfolio

November 18th, 2016 · Comments Off on 3 Ways That You Can Leverage Mortgage Financing to Build a Real Estate Investment Portfolio

If you’re getting into the real estate game and are wondering how you can make use of investing in homes to improve your net worth, here are three ways you can successfully work towards a real estate investment portfolio that will make you proud.

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Tags: Home Mortgage Tips

Mythbusting: Understanding Mortgage Myths and Why They Shouldn’t Hold You Back

November 11th, 2016 · Comments Off on Mythbusting: Understanding Mortgage Myths and Why They Shouldn’t Hold You Back

With the fluctuations in real estate and the increasing cost of home ownership, many people are entering the market with more trepidation these days. If you’re interested in purchasing a home but are unsure about whether it will get approved, here are a few myths you may want to dispel.

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Tags: Home Mortgage Tips

3 Common Mistakes That First-time Mortgage Borrowers Make and How to Easily Avoid Them

November 4th, 2016 · Comments Off on 3 Common Mistakes That First-time Mortgage Borrowers Make and How to Easily Avoid Them

Deciding to purchase a home will be one of the biggest investment decisions you’ll make in your life, but it can be confusing for the first-time home buyer to know all the ins and outs of buying a home. If you’re wondering what things first-time buyers often forget about before purchasing a home, here are three important things that you’ll want to keep in mind.

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Tags: Home Mortgage Tips