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 …

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 - Protect property values

Filed under: Mortgage Broker Company - 21 Jan 2007

The housing market is declining. So what do you do?  Keep your house up-to-date.  There are many improvements you can make to keep the value of your home.

Lock in the value of your property at it current value so you can sleep …

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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