Category Archives: Financing

How to Save for a Down Payment

You’re ready to leave your rental behind but don’t have enough down payment yet. Here’s how to start saving today to get you closer to moving into a home of your own. Begin Saving Early The sooner you’re able to … Continue reading

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How Credit Score Information is Calculated

Your credit score affects your ability to borrow money and influences the interest you’ll pay on that loan. Most people don’t know how these scores are calculated. Here’s what you need to know. All Credit Scores are Not the Same … Continue reading

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How To Increase Your Odds of Qualifying for a Loan

Qualifying for a loan can be stressful but following these tips may make you more attractive to lenders. Improve Your Credit Score You generally will need a credit score of at least 620 to qualify for a mortgage loan. Eliminating … Continue reading

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Don’t Forget about Property Taxes!

Many first time buyers don’t take into account the cost of property tax on their new home and are surprised by their first tax bill. Make an informed decision when buying a home by understanding these property tax basics. What … Continue reading

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Is a Reverse Mortgage Right for You?

Reverse mortgages are a great way for senior homeowners to generate a steady flow of income, or receive an immediate lump sum for expenses, if you qualify and determine this is the right option for you. A reverse mortgage works … Continue reading

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Tips For Refinancing Your Mortgage.

Refinancing your mortgage creates a great opportunity to lower your interest rate, but don’t forget these other tips when refinancing. Change your mortgage length If you’ve recently come into a different financial situation, consider switching the length of your mortgage. … Continue reading

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