Tag: mortgage tips

Mortgage Rates Affected By Latest Interest Rate Rise

'What Is Assumable Mortgage and How Can It Help Buyers Combat High Rates?

This unique financing arrangement makes it possible for hopeful buyers to purchase a home while combatting high interest rates.

'4 Mortgage Moves To Make Amid Rising Interest Rates

To help you secure the best mortgage loan and rate, here are four moves you can make before purchasing a home.

'4 Things You Should Never Tell Your Loan Officer When Getting a Mortgage

When you're applying for a mortgage, there are certain things you should reconsider before disclosing to ensure smooth and successful process. Here are four.

EDITOR'S PICKS

'3 Signs You Are Ready To Refinance Your Mortgage

Are you planning on refinancing your mortgage? Here are signs you are ready for the next step.

By D. Ong
'4 Main Factors Lenders Review When Qualifying You for a Mortgage

Different lenders have their own specific qualifications for mortgages, but there are four main factors they review in the process. Here's a guide.

By D. Ong
'Real Estate 101: Mortgage Dos and Don’ts To Know in 2024

Understanding the dos and don'ts for shopping favorable mortgage rates can help you gain thousands in savings. Here's a quick guide.

By D. Ong
'5 Tips To Getting Low Interest Rates on Your Mortgage

Securing a low-interest rate on your mortgage can make homeownership more affordable. If you're looking for steps to improve your rates, our list of essential tips may help.

By D. Ong
'Paying Your Mortgage Much Earlier Might Be A Wrong Choice

Paying your mortgage earlier than usual might sound good, but doing so might be a regrettable choice in the end. But why it would be a regrettable choice?

By Justin Atkinson
'Why You're Denied for Mortgage Application

Rejection of one's mortgage application can be a frustrating experience. But what are those said reasons that lead to your application being rejected?

By Gabriel J.
'Mortgage Refinancing Is Getting Both Popular and Troublesome

The popularity of mortgage refinancing is on the rise once again. However, many are bothered by mortgage applicants improperly using their homes as a mortgage.

By Gab
'What’s Next After Paying Off Your Mortgage?

Buying a home is probably the biggest purchase you will ever make in your entire life. This also requires a lot of time and money, as very few homeowners can afford to pay the full amount in cash and would therefore resort to mortgage applications. If you have finally paid off your 15- or 30-year loan, what should you do next?

By Staff Reporter
'Does Weather Affect Your Chances of Getting an Approved Mortgage?

Mortgage approvals depend on a variety of factors, but research suggests that the weather conditions may affect your chances of getting an approved mortgage.

By Staff Reporter
'Mortgage Loan Tips: The Credit Score You Need to Purchase a Home

What score should you meet to apply for a mortgage loan?

By Staff Reporter
'Mortgage Tips: What Is A Mortgage Broker And How Does It Differ With A Loan Officer

Buying a home? You might have heard about mortgage brokers and you might have also heard about loan officers. But here's the thing, these two professional jobs are not the same - confusing, right?

By Staff Reporter
'Mortgage Tips: What Is A 15 Year Fixed Rate Mortgage, Advantages And Disadvantages

A 15 year fixed rate mortgage comes with its own set of advantages which is why there are also lots of borrowers who opt for this mortgage term. For starters, a 15 year fixed rate mortgage allows its home buyers to save thousands of dollars in interest, compared to a 30 year fixed rate mortgage. Not only that, homeowners are also able to finish the payment of their loan faster which means that they also build their home equity faster.

By Staff Reporter