Archive for: January 22, 2007

January 22, 2007

Mortgage Broker Company - First time buyer

Filed under: Mortgage Broker Company - 22 Jan 2007

Here are some helpful hints.

Get pre-approved - estimate 4%-10% lower - it is good to know what you can afford. 

Get a good real estate agent.  One that works for you and at your convenience. You want someone that knows the …

Mortgage Broker Company - Home buying fundamentals

Filed under: Mortgage Broker Company - 22 Jan 2007

Inspections - you need to have someone inspect the house.  Someone who does it thoroughly so that your dream home doesn’t turn into the money pit.

Check the market value of the house.  Is it worth the price.

A home buyer should …

Mortgage Broker Company - Paying Points

Filed under: Mortgage Broker Company - 22 Jan 2007

To avoid wasting money on points that will not benefit you when you are refinancing your mortgage here are a couple of tips.

Points are prepaid mortgage interest paid in exchange for lowering the interest rate.  A point is 1% of …