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Three Helpful Mortgage Management Suggestions

Posted onApril 30/2018By

Buying a brand new home can be a terrific and rewarding experience. Paying for it, on the other hand, can sometimes be more than a little taxing. It can be particularly difficult in this time of increasing interest rates. If you want to minimize your mortgage expenses considerably, however, there are three effective options that can go a long way for you. Who says that handling your mortgage has to ruin your lifestyle and comfort? Handle Additional Payments on an Annual Basis It can be a good idea to manage single additional payments on a yearly basis. Doing so can decrease the balance you have left significantly. Note, too, that there’s another big benefit to it. If you manage this bonus payment, you’ll in no way, shape or form be obligated to take care of monthly interest for that specific principal. You won’t have to do this for the amount…

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5 Mortgage Tips for First time home buyers

Posted onApril 09/2018By

A first time home buyer might be confused or nervous about getting a mortgage. They might not know exactly what it takes to obtain mortgages and they might not know what lender is the best for home buyers. The good thing is that there are some things that you can do in order to be more ready for the entire process! These things are discussed below. Check Your Credit Score The first thing you want to do before applying for a mortgage is check your credit score. Since many lenders require you to have a minimum score, knowing yours will result in going into the situation more prepared. You don’t want to have a credit score of 600 for a lender that requires 700 and higher. Not only is this embarrassing, but they might not appreciate the waste of time! Look at Assets and Liabilities The next thing you want…

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