There are so many unfamiliar terms involved in the real estate market that it can be easy to be confused by the jargon. However, some words are more important to learn than others if they can end up benefiting you in the long run. Whether or not you’ve heard of mortgage refinancing, here are the… Continue reading Mortgage 101: This Is How Mortgage Refinancing Works, in Plain and Simple Terms
Investing in a home is a big financial decision, and along with the decision to buy is the question of how much mortgage you’ll be able to afford. While your debt-to-income ratio can be helpful in determining the range for your mortgage amount, a mortgage calculator can be a beneficial tool in coming… Continue reading Understanding How Mortgage Calculators Work and When to Make Use of One
The terminology involved in the real estate market can be vexing for the newcomer, but if you’re getting prepared to buy a home, there are a few choice words you should take some time to learn. While it’s hard to learn the ins and outs in one article, here’s a place to begin with… Continue reading Buying a Home for the First Time? Four Real Estate Terms You’ll Need to Know
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. If you’re wondering what will be involved in getting the application approval you’re looking for,… Continue reading Want a Quick Mortgage Approval? Come Prepared With These 5 Key Items
If you’re familiar with the real estate market, you’ve likely heard the term ‘refinancing’ and may be wondering what this can mean for your mortgage and your financial well-being. While refinancing can be a great benefit for those who are looking for a lower interest rate or a different mortgage type, here are the… Continue reading Thinking About Refinancing Your Mortgage? 4 Ways to Ensure It’s Worth Your Time
When it comes to real estate, there are always going to be upswings in the market that will have an impact on your mortgage payment and overall financial health. However, with a fluctuating market here to stay, you may be wondering how you can guard your biggest investment and your finances against rate increases. If you’re… Continue reading Worried About Future Mortgage Rate Increases?
Not as Tough as Most Believe….. How tough is it to get approved for a mortgage? How low can your FICO credit score go before your lender shows you the door? And how much monthly debt can you be shouldering — credit cards, student loans, auto payments — but still walk away with the home… Continue reading How tough is it to get approved for a mortgage?