Tag: Mortgage

What Causes Mortgage Interest Rates To Fluctuate?

What Causes Mortgage Interest Rates To Fluctuate?

March 26, 2019 |

The mortgage interest rate represents the cost of borrowing money to purchase a property. Mortgage interest rates are not fixed; that is, they fluctuate from one period of time to the next.

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4 Ways To Get Your Home Loan Closed Faster

4 Ways To Get Your Home Loan Closed Faster

March 21, 2019 |

You’ve finally found the perfect home for your family. Now the only thing standing between you and domestic bliss is the loan process. Use these techniques to shorten the amount of time between placing your bid and getting the final approval on your new home mortgage.

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What Makes Up A PITI Mortgage Payment?

What Makes Up A PITI Mortgage Payment?

March 14, 2019 |

Many mortgage payments are made up of four parts, called PITI. PITI is an acronym that stands for principal, interest, tax, and insurance. It’s important to understand PITI because it is the real number you need to use in order to find out how much mortgage you can afford to pay each month.

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6 Ways to Fight Foreclosure

6 Ways to Fight Foreclosure

March 13, 2019 |

Sometimes, things don’t go as planned. Despite the best intentions, there are times when it’s impossible for homeowners to fulfill their mortgage obligations. When your misfortune turns into a foreclosure notice, these tips will help you control the situation and realize the best outcome.

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Is Now a Good Time to Cash Out Your Home Equity?

Is Now a Good Time to Cash Out Your Home Equity?

March 12, 2019 |

For many Americans, their home is their primary investment. The equity stored in your residence can be a source of available cash for home repairs, upgrades, or for financing the purchase of investment properties. However, few homeowners really understand the process that results in home equity.

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5 Options To Consider When Your Appraisal Comes In Low

5 Options To Consider When Your Appraisal Comes In Low

March 8, 2019 |

Yikes! You are already set on buying the home that you picked out and the appraisal comes back at a lower amount than the amount needed for the home loan to be approved. What do you do? After you calm down your significant-other and then take three deep breaths, here are some options to consider.

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5 Key Tips To Prepare For A Quick Mortgage Approval

5 Key Tips To Prepare For A Quick Mortgage Approval

March 5, 2019 |

Whether you’re finally prepared to get into the real estate market or you want to know how you can make a deal quick, there are a few necessary documents you’ll need to prove your reliability to a mortgage lender.

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8 Ways To Maintain A Great Credit Score

8 Ways To Maintain A Great Credit Score

February 28, 2019 |

Having an excellent credit score is very useful. The following are some tips on how to maintain a superb credit score.

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Managing Finances Before Applying For A Mortgage

Managing Finances Before Applying For A Mortgage

February 26, 2019 |

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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Is a Hard Money Loan the Right Strategy for You?

Is a Hard Money Loan the Right Strategy for You?

January 30, 2019 |

When used as a part of an effective real estate investment strategy, hard money loans are an excellent tool to quickly increase holdings without risking existing properties. However, these loans aren’t for everyone.

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