Use Your Personal Financial Information To Help Yourself The digital age gives consumers the chance to find out how they appear to credit agencies, to track changes in credit and manage finances better. With a little determination, consumers who know how to exploit the technology and interrogate the right information sources can use it to […]
Tag Archive | "mortgage preapproval"
If you are considering the purchase of a home for the first time you may be wondering what is involved. If you have an unsuccessful past experience in attempting to buy your own home it might be that there are painful memories of having your heart set on a particular property, one that got away. […]
There are two ways to look at how you close your home loan. When you are taking out a home loan to buy a home, the term closing means the initial setting up the loan with your bank, as part of the escrow process. Indeed you can close your home loan faster by taking precautions […]
How much home can I afford? That has got to be the question in every potential homebuyer’s mind. Regardless of your savings, credit history or monthly budget, when it comes to home loan financing, it can be tricky to guess at home much home you can afford. Home Loan Financing Gets You Into The Market The […]
The terms mortgage prequalification and mortgage preapproval seem to confuse some people. It is very important that you understand all the terms used when you are looking for a mortgage. If you are unsure what a particular term means, then ask. Prequalification for a mortgage does not mean that you have been approved for it. […]
The mortgage questions we are asked are often based upon mortgage terminology. Some terminology is difficult to understand. We will start with some that relate to simple terms that are often misunderstood, and then progress to those that can really be confusing. Mortgage Questions: What is Preapproval? When you are looking for a new home, […]
Should you find a mortgage or find a property first? This question is more important for first time buyers, because they have not been through the process before and are likely unsure of the procedures involved. However, it only takes a little bit of thought to answer that question yourself. It is not possible to […]