The Surprising Way Your Job Can Impact Your Mortgage

Mortgages

The Surprising Way Your Job Can Impact Your Mortgage

The Surprising Way Your Job Can Impact Your Mortgage

It’s pretty well-known that when you apply for a mortgage, a lender is going to look at your income when deciding whether to approve you. But you may be surprised to hear that your commute can also be a major factor. Here’s what you need to know about getting that mortgage. Occupancy is an integral component of… Read More

Should You Refinance Even If You Plan to Sell Your Home?

Mortgages

Should You Refinance Even If You Plan to Sell Your Home?

Should You Refinance Even If You Plan to Sell Your Home?

Are you interested in refinancing your mortgage, but hesitant to do so because you’re thinking of selling your home at some point? Believe it or not, refinancing could still make sense. Here are several reasons why you might want to consider refinancing anyway. Your Financial Circumstances Could Change Let’s say you plan to sell your… Read More

The Simple Trick to an All-in-One Mortgage Payment

Mortgages

The Simple Trick to an All-in-One Mortgage Payment

The Simple Trick to an All-in-One Mortgage Payment

If you’re planning to buy a home in the near future, real estate taxes and homeowners insurance are necessary carrying costs you incur as a homeowner. There are two sides to the coin when electing to have these expenses rolled into your mortgage payment. Here’s what you need to know about mortgage escrow accounts. How Escrow… Read More

Why Refinancing Isn’t As Easy As You Think

Mortgages

Why Refinancing Isn’t As Easy As You Think

Why Refinancing Isn’t As Easy As You Think

Homeowners who haven’t gone touched their mortgage in recent years are often astonished at the amount of paperwork they’ll need in the refinancing process today. If you haven’t refinanced or gotten a mortgage in the past five years, here’s what you need to know to get up to speed. Paperwork to Compile Scrounging up supporting documentation for… Read More

How a Typo Can Derail Your Mortgage

Mortgages

How a Typo Can Derail Your Mortgage

How a Typo Can Derail Your Mortgage

The information you submit on your mortgage loan application should be accurate. This might seem like a no-brainer, but you may not realize the impact even a minor mistake could have on your application. When you apply for a home mortgage loan, your lender inputs the information you provide them for the purposes of getting… Read More

How to Refinance a Jumbo Mortgage for Less

Mortgages

How to Refinance a Jumbo Mortgage for Less

How to Refinance a Jumbo Mortgage for Less

If rising mortgage rates have spooked you into refinancing but your loan size is more than $417,000, pay particularly close attention. Traditionally, these loans cost homeowners more, but there are new investors in the marketplace offering better rates and deals on larger mortgages. The Big Question to Ask It doesn’t matter where you apply to… Read More

How Buying a Home Can Help Your Credit

Mortgages

How Buying a Home Can Help Your Credit

How Buying a Home Can Help Your Credit

If you have never owned a home before or it’s been a few years since you have, you’re missing out on some potential credit advantages. A mortgage loan is the largest debt most people carry in their life, and it can have a big impact on your credit score – for better or worse. It’s… Read More

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