2503, 2019

How to Reduce or Eliminate Mortgage Insurance

March 25th, 2019|

Whether you’re looking to refinance your current mortgage or you’re looking for a new loan, you need to know about private mortgage insurance (PMI) and how it affects you. PMI is a privately secured insurance that is required on conventional loans with less than 20% equity in the property. This insurance protects the lender against any loss if the [...]

1103, 2019

5 Simple Ways to Get Higher Appraisals

March 11th, 2019|

Years of building up equity in your home can work in your favor. Before you get ready to call your broker and get your new home upgrade or refinance started, you want to get the most out of your equity. That means getting the best appraisal. An appraiser is a third party that will give an unbiased opinion of [...]

2602, 2019

5 Ways to Avoid Home Purchase Problems

February 26th, 2019|

Buying a home can be a complex process, and some homeowners find themselves with a mortgage that doesn’t work for them, or home repair problems that they can’t afford. A little work up-front can save you years of headaches and thousands of dollars. Check Your Credit Score First Home buyers need at least a credit score of 620 to qualify [...]

102, 2019

3 Ways You Save Big by Starting a Home Loan Application Now

February 1st, 2019|

Starting a home loan application means you are on your way to receiving your pre-approval letter. That letter will let you know exactly how much you can borrow. That knowledge will help you save time and money as you search and make an offer on a home. Get a jump on fixing any financial issues Going through the application process [...]

2901, 2019

Home Negotiation Do’s and Don’ts

January 29th, 2019|

You usually don’t get what you don’t ask for when negotiating. So ask responsibly. You want to create a reasonable and fair offer that benefits both parties. In the process, there are some Do’s and Don’ts that can help make sure you are getting a good deal. Do’s: Have your real estate agent negotiate for you. An experienced and reputable [...]

401, 2019

7 Steps to the Home Buying Process

January 4th, 2019|

There are at least 7 things you must do to win in the home buying process. Winning means getting a fair deal and being satisfied with your purchase. These 7 things should happen after you receive your pre-approval letter. Work with a reputable and referred real estate agent. You don’t want to just work with the seller’s agent to save [...]