How does a reverse mortgage work, and how can it help you to have a more financially secure retirement? Here’s what you need to know.
Category: Home Mortgage Tips
Understanding Mortgage Tax Benefits and How They Save You Money in the Long Run
If you’re considering whether home ownership is the right decision for you, there are lots of different factors you’ll want to take into account. Do you want to keep moving around, or are you ready to lay down roots in a community? Are you prepared for the additional upkeep that home ownership requires?
Worried about Your FICO Score? 4 Easy Strategies to Fix It Up
If you’re worried about your bad credit, you’ll want to do everything in your power to improve your rating as quickly as possible – especially if you have a major purchase coming up. Improving your credit rating can give you access to better interest rates on mortgages or even help you to get that job you’re after.
So how can you boost your FICO score quickly and easily? Here’s what you need to know.
The Pros and Cons of A Fixed Rate Second Mortgage vs. Opening a Home Equity Line of Credit
If you’re looking at paying off debt and are re-considering the equity in your home, here are a few things you’ll need to know about refinancing your mortgage and home equity lines of credit.
The FHA Mortgage Minimum Credit Score Has Been Reduced. Here’s What You Need to Know…
If you haven’t heard about the changes to the Federal Housing Administration’s (FHA) credit score minimum, here’s some information on the recent reduction and how it may impact your home purchase.
4 Facts You Need to Know Before Setting Up a Mortgage Escrow Account
Buying a home involves a variety of nuances and strange-sounding terms, and one of the least understood aspects of the home buying process is the escrow account. Essentially, an escrow account is a third party bank account your lender can require you to pay into in order to cover certain costs related to your home. Your lender uses an escrow account to ensure that property taxes and home insurance fees get paid on time.
If There’s One Mistake That You Make With Your Mortgage…Don’t Make This One
There is so much to know when it comes to home ownership that even wading into all of the information can seem overwhelming. Here are a few ways that you can ensure you’re ready for what a mortgage entails so that buying your dream home will be a positive experience you won’t regret.
How to Calculate Your True Cost of Living and Determine How Much Mortgage You Can Afford
If you’re in the market for a house and are wondering how your income will stack up against the rest of your expenses, here’s how to determine a home cost that’s reasonable for you.
HARP Refinancing Ends in 2016: Here’s How to Take Advantage Before It’s Gone
If you haven’t heard of HARP refinancing and you’re a homeowner who’s looking for a lower interest rate, this may be the right solution to your payment woes. Instead of letting the opportunity blow by, here’s all you need to know before this option ends in 2016.
3 Reasons You Should Trust in a Mortgage Advisor Instead of Trying to Predict Rates
If the time has come to purchase a home and you’ve been perusing the real estate market, it’s possible you’ve also been considering the mortgage options that might work best for you. In the event that you’re already spending a lot of time looking at homes and trying to sell your own, here are a few reasons you may want to leave your mortgage considerations to a professional.
Emma Butler Group- Mortgage Tips & Community 