01,Dec,2020
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Right now, a lot of homeowners and investors are talking about refinancing. But, how do you know if this is actually a good option? Not only do homeowners need to think about whether it’s the right time to refinance, but if refinancing is actually a good idea for them. There …
What is PITI? Mortgage Payments and Escrow Accounts Explained
30,Oct,2020
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Buying a new home is thrilling, but it can also be very confusing for new home buyers. Lots of acronyms are common in the mortgage industry, and those who are buying a home for the first time can have trouble understanding everything that is being discussed. PITI is one of …
Everything You Should Know About Reverse Mortgages
21,Aug,2020
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Reverse mortgages are a special type of loan based on the equity of the home. Instead of getting money from a lender and making regular payments, the lender provides cash based on the home’s equity and records a lien against the property. The money does not need to be repaid …
Ways to Improve Your Credit Score to Purchase a Home
11,Aug,2020
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Purchasing a home with a mortgage requires a good credit score. Unfortunately, it’s all too easy for a credit score to be lower than expected. If you’re planning on purchasing a home in the next few months, take the time to learn more about the impact your credit score will …
What You Need to Know About Refinance Loans
01,Aug,2020
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There’s a lot of talk about refinancing homes right now with all-time low interest rates. Refinancing can be an excellent option if you’d like to take advantage of the lower interest rates or for other reasons. However, it is important to look into refinancing carefully before jumping in and applying. …