Home Mortgage Tips , ,

First-time Home Buyer? Don’t Miss These Tips to Ensure Your Mortgage Application is Approved

Are you buying a home for the first time? Congratulations! Buying your own home is an excellent way to build your net worth while living in a space that you can renovate and truly make your own. If you're going to be taking out a mortgage to help pay for the up-front costs of your home, you'll want to get a head start on the approval process. With that in mind, below are four handy tips to ensure that your mortgage application is approved on your first try. Gather All Of The Necessary Information And Paperwork You're going to need…
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Home Mortgage Tips , ,

Refinance Now or Wait? How to Determine the Best Time to Refinance Your Mortgage

Refinancing your mortgage is a great way to reduce your monthly payments or take out some of the equity in your home to reinvest in renovations, upgrades or in other areas in your financial portfolio. Let's take a quick look at a few questions that you can ask yourself in order to determine whether you should refinance now or wait until sometime in the future. Can You Lock In A Lower Interest Rate? Depending on when you first purchased your home and took out your mortgage, you may find that by refinancing now you can lock in a lower interest…
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Home Mortgage Tips , ,

Shopping Around: How to Compare Mortgages from Different Lenders or Underwriters

Buying a home is a major financial transaction, especially if you're going to need mortgage financing to help cover the purchase cost. The only way to know if you're getting the best deal on a mortgage is to shop around, but with so many different lenders vying for your business it can be very tough to choose which mortgage is the best fit for your own situation. In this post we'll share how you can compare mortgages from different lenders or underwriters so that you can get the best possible deal on your mortgage loan. Start By Comparing Interest Rates…
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