Tag: Mortgage

Posted on 09/13/2021
Benefits of Financing With a Credit Union
Image by annca from Pixabay You’ve finally found the perfect home. It’s got the number of bedrooms you wanted, a spacious kitchen, updated bathrooms, and even a beautiful vegetable garden out back. Now comes the tricky part—how to pay for it. Numerous home buyers find financing their mortgages through a credit union to be a good option. According...
Financing
Home Loans
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Posted on 05/03/2021
Financing with a Mortgage Lender
Photo by Helloquence on Unsplash When financing a home purchase, one of the most basic decisions to make is where to get your mortgage from. The basic options are whether you should go to a mortgage lender or not. Financing with a mortgage lender has both pros and cons. Pro: Many Loan Options If you go to a...
Financing
Lending
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Posted on 02/10/2020
How Does a Balloon Mortgage Work?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
Mortgage
Financing
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Posted on 09/23/2019
Bad Habits That Can Affect Getting Mortgage
Securing a mortgage can be quite challenging if you do not meet specific requirements and demands made by the lenders. But really, you can’t blame lenders or mortgage companies for setting up these rules. Most of these demands are made to ensure the borrower can repay a loan without too much of a problem. Everyone has one or...
Personal Finance
Credit Card Habits
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Posted on 06/24/2019
Top 5 Online Mortgage Lenders
Have you tried getting a mortgage from your bank and instead been given an endless series of hurdles with no approval in sight? Then perhaps it’s time you moved your search for home finance online. Here you will find a host of companies willing to fund your home ownership dreams, even if you have a bad credit score....
Mortgage
Mortgage Lender
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Posted on 06/03/2019
Assistance When Buying Your First Home
The single most difficulty first-time homebuyers face is being able to save up the down payment. From student loans to medical bills; wanting to start a family or live in a more expensive city; coming up with those funds keeps many potential buyers out of the market. In fact, if you don’t have your down payment saved up...
Saving For A Downpayment
Down Payment
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Posted on 03/04/2019
How can you Know When You're Ready to Buy?
You’ve been a renter for a long time because you knew you had wanderlust and might pick up and move at the end of your lease. Now you've stayed in the same place for a couple of years. You've put down roots and built relationships. You have a sense of community. But are you ready to buy? Buying...
Mortgage
Homeownership Costs
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