Tag: mortgage

  • How to save money for a House – 2021

    How to save money for a House [2021] Having a home gives everyone a kind of confidence. But many cannot afford the home of their dreams. Saving up for a home may even be a daunting task for many but can be done, and there are simple ways to make this happen. Determine your down-payment […]

  • Express Mortgage lenders and Mortgage services

    Express Mortgage lenders and Mortgage services Express mortgages are home equity loans usually with a fixed rate. Express mortgage services are provided by a number of lenders, many of whom may run similar packages with slight differences. Speed can be a crucial factor in home financing. This is because about four people may be interested […]

  • Define Mortgage Deals: Mortgage Lens VS Mortgage Coach

    Define Mortgage Deals A mortgage transaction is that in which the borrower takes on a debt that is secured by the collateral of a certain real estate. The borrower is obliged to pay back the sum owed under a predetermined arrangement which the borrower must not default. Over many years, the borrower pays back the […]

  • How much Down Payment required to buy a Home on loan?

    Down Payment required to buy a Home The down payment is the part of a purchase price that you pay upfront. It can be the payment for a car, housing, or any other commodity. Our focus here, however, is a house. When you apply for a mortgage to buy a house, the down payment is […]

  • What to do if you can’t pay your Mortgage on time?

    Mortgage payments pending, what to do? Falling behind on your mortgage has consequences that may even be bigger than falling behind on your rent. Not paying your mortgage will affect your credit score which may affect the kind of loan you will be entitled to in the future. However, sometimes, circumstances can make even the […]

  • Buying a New Home on Loan in 2021 ?

    What to look for when buying a New Home on Loan in 2021 Buying a house can be quite challenging because there are so many processes, steps, and tasks involved. It is even more challenging when you are buying on a loan. But choosing a home is an important decision and if made properly, it […]

  • Is the 20% Mortgage Down Payment is dead in 2021?

    Is the 20% Mortgage Down Payment is dead The practice of putting down 20 % as the down payment for a mortgage has been encouraged over time. However, in reality, only a few people can afford to do this. For many aspiring homebuyers, a 20% down payment for a mortgage is difficult to save and […]

  • What is an FHA 203(k) Loan?

    FHA 203(k) loan An FHA 203(k) is a type of government-insured mortgage that gives the borrower the chance to take a dual-purpose loan namely: for buying a home and for repairing the same. Also called a Rehab Loan or FHA Construction Loan, this mortgage addresses a common problem in real estate. Many times, there are […]

  • 8 Steps to get an easy Home Loan in 2021

    Home buying process There are no rules cast in stone for buying a home but there are important steps that are common to all homeowners and that need to be taken as you go on. 8 Steps to get an easy Home Loan in 2021 Decide your readiness. This is very important before you start […]

  • Find best Refinance Mortgage lenders [top 3 tips]

    3 tips for finding the best Refinance Mortgage lenders Refinancing allows mortgage owners to revise the terms of their mortgage. During refinancing, the mortgage may have a restructured loan duration, a lower interest rate, or a home equity credit. Homeowners will refinance for many reasons such as getting a cash-out, buying out someone on the […]