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 …

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 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 …

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 …

February 5, 2007

Mortgage Broker Company - Negotiate a better rate.

Filed under: Mortgage Broker Company - 05 Feb 2007

So you have finally decided to buy a house.  Now you need to get a mortgage.  Can you negotiate a rate?

You can always get a better deal if you shop around.  So why not shop around for a better interest rate.  …

January 31, 2007

Mortgage Broker Company - Home Equity Loan - can be dangerous Part 2

Filed under: Mortgage Broker Company - 31 Jan 2007

Even when money is saved on the home equity loan or line of credit itself, some borrowers may end up overspending in other areas.  If credit cards are paid off, they may start buying things on …

Mortgage Broker Company - Home Equity Loan - can be dangerous Part 1

Filed under: Mortgage Broker Company - 31 Jan 2007

A home equity loan is very attractive to home owners since it can help increase immediate cash on hand.  A home equity loan can also provide a way to fund repairs or renovations of the home, …

January 26, 2007

Mortgage Broker Company - First time homebuyer with bad credit.

Filed under: Mortgage Broker Company - 26 Jan 2007

Even though people have bad credit they still want to have housing.  If you have bad credit what this shows to the lender is that you are weak financially and may default.

So banks, traditional institutions will not readily offer you …

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