What Makes Up A PITI Mortgage Payment?

by | Mar 14, 2019 | Mortgage

Many mortgage payments are made up of four parts, called PITI. PITI is an acronym that stands for principal, interest, tax, and insurance. It’s important to understand PITI because it is the real number you need to use in order to find out how much mortgage you...

6 Ways to Fight Foreclosure

by | Mar 13, 2019 | Mortgage

Sometimes, things don’t go as planned. Despite the best intentions, there are times when it’s impossible for homeowners to fulfill their mortgage obligations. When your misfortune turns into a foreclosure notice, these tips will help you control the...

Is Now a Good Time to Cash Out Your Home Equity?

by | Mar 12, 2019 | Mortgage

For many Americans, their home is their primary investment. The equity stored in your residence can be a source of available cash for home repairs, upgrades, or for financing the purchase of investment properties. However, few homeowners really understand the process...

5 Options To Consider When Your Appraisal Comes In Low

by | Mar 8, 2019 | Mortgage

Yikes! You are set on buying the home that you picked out and the appraisal comes back at a lower amount than the amount needed for the home loan to be approved. What do you do? After you calm down your significant other and then take three deep breaths, here are some...

8 Ways To Maintain A Great Credit Score

by | Feb 28, 2019 | Mortgage

Having an excellent credit score is very useful. The following are some tips on how to maintain a superb credit score. Open Credit Accounts When You Do Not Need Them If you don’t have any credit accounts, you will have a low score. The best time to open them is...

Is a Hard Money Loan the Right Strategy for You?

by | Jan 30, 2019 | Mortgage

When used as a part of an effective real estate investment strategy, hard money loans are an excellent tool to quickly increase holdings without risking existing properties. However, these loans aren’t for everyone. What investors get the most value from hard...