Have you considered how a lower interest rate may impact your mortgage payment? Maybe you’ve given thought to shortening your term to pay your home off sooner? It may be time to look into refinancing. Whether you’re drawn to cost savings or need to tap into your existing equity, refinancing your mortgage may be more cost efficient and streamlined than you think. There are several benefits of refinancing.
Nobody likes to be forgotten, especially during the home buying process. Considering features in a home for an animal is parallel to considering features for children. It's important during the search process to be prepared in knowing what everyone in your family is going to need to feel comfortable after the big move; including your animals that you're bringing along with you.
Home buying has become a wiser decision than renting, with rent prices so high. There are many factors that come into play while purchasing a home. It isn’t something that you would want to make an impulse decision. With your home purchase, you should plan on occupying the home for 5-10 years to make a profit. Home buyers should always research, plan and make smart decisions.
We've decided to make you a list of important do's and don'ts during the process!
The first taste of living by your own rules can feel pretty liberating, but can feel burdening if your future plans keep haunting you in your sleep.
This year, nearly 75 percent of mortgage applicants are approved for their requested loan—that’s the highest approval rate this decade! Although the remaining 25 percent is not initially approved on their loans, there is still a great chance to receive approval in the future. In fact, in most cases, an unapproved mortgage loan means “not now” and lenders encourage these potential homebuyers to re-apply with changes to their applications. But what changes can you make? Check out our suggestions to change your status from “eligible” to “approved”.
Getting a mortgage during a job transition may not be a deal breaker for mortgage lenders. In today’s constantly evolving society, it’s difficult not to change jobs as you grow. Whether you’re moving to a new city or simply changing employers, there are several ways to get approved for a loan that best fits your home buying needs. Check out our suggestions— and make sure to keep your lender abreast of all potential job changes during the mortgage process!