February 11, 2007

Mortgage Broker Company - Monthly costs in your mortgage

Filed under: Mortgage Broker Company - 11 Feb 2007

The costs that are contained in your mortgage monthly payment are:

Mortgage interest
Homeowners insurance
Property Taxes
Flood Insurance - if you are at risk
Private Mortgage Insurance
Condo Association Dues - if you own a condo

February 9, 2007

Mortgage Broker Company - Buy in the winter

Filed under: Mortgage Broker Company - 09 Feb 2007

Buying in the winter usually means a lower monthly mortgage. Why?

Because in the winter people who buy want to buy quickly. It is easier to move when it is warm not cold.  Plus if the buyer has children they do not want …

February 6, 2007

Mortgage Broker Company - Know Your Credit History and Credit Score For Your Mortgage

Filed under: Mortgage Broker Company - 06 Feb 2007

One of the most important processes of getting approved for a loan is your credit history and credit score.  Before you even talk to a lender you should be checking all of your information to make sure it is correct. 

The …

January 25, 2007

Mortgage Broker Company - Closing an account can improve your credit score for a better mortgage?

Filed under: Mortgage Broker Company - 25 Jan 2007

Not!

Your credit score is very important when trying to obtain mortgage.  Closing an account does not help you credit score and can possibly hurt it. 

It is true that you can have to many open accounts. But by closing the account …

January 24, 2007

Mortgage Broker Company - Tips to get your house to sell 2.

Filed under: Mortgage Broker Company - 24 Jan 2007

Some more tips:  The backyard does matter.  If you have a pool make sure it is cleaned.  Make sure the leaves are picked up and gone. Creat a family feeling with patio table and chairs. 

Kitchens are important.  Make sure it …

January 23, 2007

Mortgage Broker Company - Condos a buyers market

Filed under: Mortgage Broker Company - 23 Jan 2007

Condos are now a buying market according to the National Association for Realtors.

Condos in the last few years have appreciated faster then single family homes.  Condos are still selling well if the price is right. This is a good time …

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 …

January 21, 2007

Mortgage Broker Company - How big a mortgage can you afford.

Filed under: Mortgage Broker Company - 21 Jan 2007

How much of a mortgage you can afford is up to you.  It includes many factors such as you income, savings, the location, your personal preferences on what you want, and the plan you have in place.

The easiest way to …

January 20, 2007

Mortgage Broker Company - A mortgage for a condo?

Filed under: Mortgage Broker Company - 20 Jan 2007

Buying a condo has many advantages.  There are many different styles.  Older ones may be apartments classified now as condos.  Some are contemporaty and up to date. 

One advantage obviously is the price.  A 2 bedroom condo will usually always be …

January 18, 2007

Mortgage Broker Company - Qualifying for a Mortgage

Filed under: Mortgage Broker Company - 18 Jan 2007

What a lender looks for is - the abillity to pay the mortgage and the willingness to pay the mortgage.

Getting a loan is as simple as that.

Check what you can afford, be willing to pay the bill, have all your …

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