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Understanding the Principal Limit on a Reverse Mortgage and What Happens if You Reach It

by guestadmin | Nov 12, 2015 | Home Mortgage Tips

If you’re considering applying for a reverse mortgage, you’ll want to ensure you understand certain critical factors. One such factor is the principal limit. The principal limit will have a strong influence on your finances, which is why you’ll need...

Did You Know? Why a Mortgage Pre-qualification Meeting Might Be Your Best Use of 5 Minutes

by guestadmin | Nov 10, 2015 | Home Mortgage Tips

If you’re in the market for a mortgage, you may want to set up a pre-qualification meeting with a mortgage professional. Even if you’re not 100% sure who you’d like to apply for a mortgage with, pre-qualification can still be a valuable step to take....

What Are the Advantages to Paying off Your Mortgage Early? Here Are a Few That Might Entice You

by guestadmin | Nov 5, 2015 | Home Mortgage Tips

If you’re looking into fixed term mortgages, you might be wondering whether there’s any reason why you should take the full term to pay off the loan. In a lot of cases, paying off a mortgage before it comes due is a great decision. If you’re...

Looking to Close Faster? Follow This Easy Guide to Speeding Up the Mortgage Process

by guestadmin | Nov 3, 2015 | Home Mortgage Tips

If you’re buying a home, you’ll want to try to get your mortgage processed as quickly as possible. Improperly filed mortgage applications are one of the biggest reasons why home sales get delayed, and if you have a hard move-out date already set,...

Mortgages 101: How to Calculate How Much You Will Need for Your Down Payment

by guestadmin | Oct 27, 2015 | Home Mortgage Tips

If you’re planning to buy a home in the near future, you’re probably already in the process of saving up for a down payment. But if you haven’t seen a mortgage advisor or started looking at properties yet, you probably don’t have a good idea of...

Understanding the Reverse Mortgage and How to Best Use This Unique Financial Tool

by guestadmin | Oct 22, 2015 | Home Mortgage Tips

If you’ve studied the real estate market recently, you’ve probably heard about the reverse mortgage. This unique tool is a financial arrangement designed for senior citizens who have limited incomes and want to use the equity in their homes to meet their...
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