February 23, 2007

Mortgage Broker Company - What Does My Credit Score Need To Be To Get A Good Mortgage

Filed under: Mortgage Broker Company - 23 Feb 2007

Your credit score should be as high as you can get it.  However, you can get financing if your credit score is 620 or above. There are programs that will let you finance 100% of your home.  Some even 104% …

February 12, 2007

Mortgage Broker Company - Are you ready to buy a home?

Filed under: Mortgage Broker Company - 12 Feb 2007

Are you ready to buy your first home?  Not sure if you are?  Here’s a few tips.

Get together all your information: income, savings, monthly expenses, and debt.  Type into the search browser - how much can I afford for a …

Mortgage Broker Company - A FHA Mortgage

Filed under: Mortgage Broker Company - 12 Feb 2007

There are many uses for an FHA loan.  An FHA loan is not just for buying your first home, but for remodeling purposes, investing in investment property or fixing it up.

FHA is the Federal Housing Administration.  It is not a …

January 24, 2007

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

Filed under: Mortgage Broker Company - 24 Jan 2007

Sometimes it seems it tough to sell your home.  No offers come in. Other homes get purchased.  Well here are som helpful hints to get ready to sell your home.

Look at your house objectively.  You have probably lived there along …

January 22, 2007

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 …

January 19, 2007

Mortgage Broker Company - Mortgage Loans Are A Big Debt

Filed under: Mortgage Broker Company - 19 Jan 2007

A mortgage loan is probably the biggest debt that a person has in their lifetime.  The mortgage loan is secured by the home itself.  You need to shop around to get the best possible interest rate to keep the cost …

January 16, 2007

Mortgage Broker Company - What is a foreclosure?

Filed under: Mortgage Broker Company - 16 Jan 2007

A foreclosure is when a borrower has defaulted on a mortgage loan that is secured with a Deed of Trust on real property.  The lender will demand that the attorney foreclose on the defauled deed of trust.

Which simply put is …

January 5, 2007

Mortgage Broker Company - Plan your home purchase carefully.

Filed under: Mortgage Broker Company - 05 Jan 2007

Plan carefully before buying your first home.  Do you have someone to make repairs? do maintenance? Can you afford to pay someone to do this for you?

Are you planning to live a long time in the area? Planning on changing …

January 4, 2007

Mortgage Broker Company - What should you know before buying a home.

Filed under: Mortgage Broker Company - 04 Jan 2007

First of all find out what you can afford. What is your financial position?

What are you looking for in a home? Do you want privacy or to be in the city? Do you want a 1 bedroom or 4 bedroom?  …

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