Tag: Mortgage

Posted on 12/12/2021
The Major Variables Affecting the Price of Homes
Housing prices are constantly changing, which can make both buying and selling a home more complicated. While it’s difficult to predict future changes, it’s important to understand the key factors that affect the housing market and home prices. Here are the five major things that affect housing prices: Economic Change The overall health of the economy is a...
+ 7 more
Read More
Posted on 11/28/2021
Mortgage Pre-Approvals Are a Valuable Tool for Understanding What You Can Afford
Photo by Clker-Free-Vector-Images via Pixabay A mortgage pre-approval can be a valuable tool for understanding how much you can afford to spend on purchasing a home. It can also make you seem much more attractive to sellers and help to identify any potential problems that may make it difficult to get a loan. In fact, many lenders claim...
+ 1 more
Read More
Posted on 06/27/2021
Common Loan Terms of the Jumbo Mortgage
Photo by Peggy und Marco Lachmann-Anke via Pixabay A jumbo mortgage refers to a high-priced loan, usually meant for a luxury property. And while this loan may have once been reserved for the millionaire investors of the world, it may not be as exclusive as you think. If you're interested in what it takes to apply, it helps...
+ 1 more
Read More
Posted on 04/19/2020
Mortgage Options: Which One is Right for You?
Photo by Mastersenaiper via Pixabay When it comes to financing your home, you have a several mortgage options available. Each type of mortgage offers different advantages, so be sure to do research before applying. Below are some of the most popular types of mortgages borrowers may consider. Conventional Loans A conventional loan is a mortgage not insured by...
+ 8 more
Read More
Posted on 01/26/2020
What Influences Your Buying Timeline?
Photo by Doubletree Studio via Shutterstock Interest rates rise in correlation to inflation and other economic activity. When that happens, it can increase housing costs. But the question is, should it prompt you to buy sooner than you’re ready? The Right Time Is Now In real estate, the right time is always now for someone. Is it the...
+ 1 more
Read More
Posted on 12/29/2019
What's a Seller-Financed Mortgage and Should I Consider One?
Photo by Charles Thompson via Pixabay A vast majority of homebuying transactions rely on the buyer qualifying for a mortgage through a bank. After all, most people don't have enough cash lying around to buy a home outright. Nowadays, you have more options with different types of lenders and alternative financing companies where you can seek pre-approval online....
+ 3 more
Read More
Posted on 10/20/2019
4 Tips For Successful Mortgage Closing
Pick a date The best time to set a closing date is at the end of the month as interest at the table is at its lowest then, and you'll want to pick a closing date around the same time your current lease is set to lapse. Take your time The conclusion of the closing means you have...
+ 1 more
Read More