Category: Mortgage

Second Mortgages

2020 was a financially sound year for homeowners since the home equity has an average gain of $26,300 last year. According to Corelogic, an average homeowner has more than $200,000 in equity. The pandemic brings in unprecedented financial difficulties, during which time you may need access to a large amount of money. Consider tapping into the […]

What Is the Best Mortgage?

So what is the best mortgage? There are different types of home loans available for people looking to move into a new home. There are two main types of fixed-rate mortgages and adjustable-rate mortgages. Fixed-rate mortgages lock in your interest rate. Adjustable-rate mortgages have the possibility of increasing your interest paid over time. If you’re […]

How to Get Approved for a Mortgage

Getting approved for a mortgage isn’t a complicated process. You need to make sure that you have all the proper documentation to increase your chances.   Check your credit score Bring a nice down payment Review any outstanding debts you have Try to get pre-approved for a mortgage before going out to look at homes […]

Can you get a mortgage with no credit?

Can you get a mortgage with no credit? If you want to buy a home but have a limited or nonexistent credit history, it can be difficult. You need to find a mortgage lender who will accept your application. Most lenders need applicants to have some sort of credit established. This can be through car […]

What Is Today’s Mortgage Rate?

Today’s mortgage rates are at a 10-year low across the entire real estate industry. If you’re looking to buy a new home, now is the time to do so as you will be able to find great deals on lavish properties with low-interest rates on standard 30-year fixed contracts. The average mortgage rate in today’s […]
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