Category: Mortgage Information Center

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

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

November 7, 2017 |

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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Mortgage 101: How Interest-Only Mortgages Work and Why They’re A Good Solution for Some Buyers

Mortgage 101: How Interest-Only Mortgages Work and Why They’re A Good Solution for Some Buyers

November 2, 2017 |

Whether you’re a first-time homebuyer or an experienced real estate investor, if you are planning to borrow funds to buy a home you will want to choose the right mortgage product. In today’s blog post we’ll explore how interest-only mortgages work and why they’re the perfect choice for some homebuyers.

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62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You

62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You

October 31, 2017 |

Are you and your spouse starting to move into your retirement years? If so, you already know that you are going to need a solid financial plan for when your primary sources of income are no longer bringing money in. If you have invested in your retirement, you might be all set. However, what if your house makes up the majority of your net worth?

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

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

October 26, 2017 |

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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Worried That Your Past Student Loan Debt Might Delay Buying a Home? Here’s What to Do

Worried That Your Past Student Loan Debt Might Delay Buying a Home? Here’s What to Do

October 25, 2017 |

Whether you are just about to graduate college or you have been out for a few years, there’s a good chance you’re carrying some amount of student loan debt. It seems that news headlines are regularly pointing out that the nation’s graduates are suffering from the stress of student debt. Moreover, that pressure can be even worse for those who are looking to buy a home and start putting some roots down in the local community.

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Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App

Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App

October 24, 2017 |

Are you currently house-hunting or plan to be in the near future? If you plan on using mortgage financing to pay for your home, you will soon discover that there’s no shortage of options available to you. You can meet with a local mortgage professional, apply for mortgages online and even download mobile apps that promise to set you up with a mortgage. However, is every option equal?

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What’s Ahead For Mortgage Rates This Week – October 23, 2017

What’s Ahead For Mortgage Rates This Week – October 23, 2017

October 23, 2017 |

Last week’s economic reports included NAHB Housing Market Indexes along with readings on housing starts, building permits and existing home sales. Weekly readings on mortgage rates and new jobless claims were also released.

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Buying a New Home? Here’s Why Mortgage Pre-Approval Should Be Your First Step

Buying a New Home? Here’s Why Mortgage Pre-Approval Should Be Your First Step

October 20, 2017 |

Are you thinking about buying a new house, condo or apartment? Whether you are upgrading, downsizing or investing, if you intend on borrowing the funds you’ll need to be pre-approved for a mortgage. In today’s blog post we’ll explore mortgage pre-approval and why this should be one of your first steps in buying a new home.

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Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor

Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor

October 19, 2017 |

Are you in the market for a new home? If you are planning on borrowing some or most of the home’s purchase price, you’ll want to prepare yourself for the mortgage process. Let’s take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan.

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Current Servicemember or Veteran? 4 Reasons Why a VA Home Loan Is an Excellent Choice

Current Servicemember or Veteran? 4 Reasons Why a VA Home Loan Is an Excellent Choice

October 17, 2017 |

Are you current or former member of the US military service who is looking to buy a new home? If so, you will be pleased to know that there are some special mortgage programs that are open to you. Let’s take a look at five reasons why a mortgage backed by the Department of Veterans Affairs is an excellent choice when buying your new home.

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