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 16, 2007

Mortgage Broker Company: What Closing Costs?

Filed under: Mortgage Broker Company - 16 Feb 2007

When you work with your lender, you will receive a “Good Faithe Estimate” for your closing costs.  Your lender prepares a list of the costs you may have when purchasing or refinancing your home.  Be aware that not all potential …

February 14, 2007

Mortgage Broker Company: Determine to Refinance

Filed under: Mortgage Broker Company - 14 Feb 2007

How to determine if you should refinance? 

To determine if a home owner should refinance it is a good idea to consider different issues such as: how long is the home owner planning to stay in the home and how manyh …

Mortgage Broker Company: Advice about Mortgages

Filed under: Mortgage Broker Company - 14 Feb 2007

When you want to take out a mortgage you want to listen to the advice of others plus research your own information to choose the right mortgage product.

There are many different mortgage products.   If you talk to different lenders they …

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 …

February 8, 2007

Mortgage Broker Company - Your monthly mortgage payment may be higher than you think.

Filed under: Mortgage Broker Company - 08 Feb 2007

At this point in time you do not want any surprises.  When you are working with your lender and discussing your monthly mortgage payment, realize that the lender is focused on what is required to repay back the loan amount.  …

February 7, 2007

Mortgage Broker Company - Have a choice for a mortgage

Filed under: Mortgage Broker Company - 07 Feb 2007

The more choices you have for a mortgage the better.  Check with your mortage broker to make sure that they have many resources to pull from  Your mortgage broker should have a network to choose from.  You should know how …

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 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 …

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