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How Do Mortgage Lenders Decide How Much You Can Borrow?

by guestadmin | Sep 3, 2020 | Home Mortgage Tips

When you visit your lender to get a mortgage for your home, they will tell you the maximum amount that you are allowed to borrow. But how do they reach this total and what factors do they take into consideration? How do they determine that one borrower can take on a...

Refi or Wait? How to Choose Between Refinancing Your Mortgage Now or Waiting Until You Need the Money

by guestadmin | Aug 27, 2020 | Home Mortgage Tips

Refinancing your existing mortgage may provide you with the opportunity to lower your interest rate, reduce your mortgage payment and adjust your loan term. For those homeowners who have lived in their home for more than a few years, pulling equity out of the property...

Applying for a Mortgage? Three Questions Your Lender Will Ask You – and How to Prepare Your Answers

by guestadmin | Aug 19, 2020 | Home Mortgage Tips

Before approving a mortgage, your lender is going to have to do his due diligence to ensure that you can afford a loan large enough to pay for a house. That means your lender will be asking you several questions about whether or not you can afford a mortgage....

Thinking About Buying An Investment Property? 6 Tips To Ensure You Don’t Get Fleeced

by guestadmin | Aug 13, 2020 | Home Mortgage Tips

Purchasing an investment property is one of the most important decisions that you’ll ever be a part of. As such, it’s a necessity to make your decisions with only the most careful of consideration. Here are the six tips that you need to heed in order to...

Five Tips for Managing Your Monthly Budget to Ensure Your Mortgage is Paid On-Time, Every Time

by guestadmin | Jul 8, 2020 | Home Mortgage Tips

Homeowners who are struggling to make their monthly mortgage payments can make it easier on themselves by cutting costs in other areas. Learning how to budget effectively will likely enable homeowners to pay their mortgage payments on-time, every time. Here are five...

It Is Tax Time Again Learn About Tax Deductions and How to Write off Your Home Mortgage Interest

by guestadmin | Jul 2, 2020 | Home Mortgage Tips

Much to the frustration of taxpayers all over the country, the tax-filing season begins in January and runs through April 15 of each year. The year 2020 brought us many changes, including an extension on filing taxes. Taxes this year are due on July 15th. Are you...
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