Mortgage Tips Archives - Page 2 of 4

Understanding The Role Of A Mortgage Prepayment Penalty Fee

edcurrie2021-01-21T13:40:08-05:00Mortgage|

When people take out a home loan, it is important to think carefully about how the home loan works. At first, the majority of the monthly payment is going to go towards interest. For example, it is not unusual for 90 percent of the monthly mortgage payments go toward interest during the first year. Then, during the latter part of the loan, most of the payment is going to go towards paying off the principal. Therefore, it should come as no surprise that a lot of homeowners are looking for ways to reduce the amount of Interest they pay on a home loan

Easy Repairs To Do At Home

edcurrie2020-12-30T13:40:17-05:00Mortgage|

During the past few months, many people have been stuck at home. Whether this involves working from home or going to school from home, many home appliances are receiving more use than usual. There might be more breaks, clogs, and leaks than most families are used to dealing with. Many families are tired of spending money on technicians and mechanics and might be looking for a more cost-effective way to deal with home repairs. There are a few key home repairs that homeowners can handle on their own.

Working From Home Could Mean A New Home

edcurrie2020-12-23T13:40:08-05:00Mortgage|

There are a lot of people who are working from home for the first time. There are a lot of advantages that come with working from home, such as the opportunity to develop stronger relationships with family members, the chance to save money on gas, and more autonomy over the work schedule. In addition, this could also mean a new home.

Remove The Flood Insurance Risk From The Closing Process

edcurrie2020-12-17T13:40:10-05:00Mortgage|

Many homeowners do not realize that the risk of a flood is a significant factor that plays a role in not only homeownership but also the closing process. Even though flooding is a major risk, many homeowners do not carry enough coverage. Without proper flood insurance, homeowners risk losing millions of dollars.

Purchase The Right Amount Of Home Insurance

edcurrie2020-12-15T13:40:09-05:00Mortgage|

For most people, their home is the most valuable investment they will ever make. Therefore, it needs to be protected. This is where homeowners' insurance is critical. At the same time, buying the right amount of homeowners' insurance can be a bit of a challenge.

The Required Steps For A Smooth Mortgage Refinance Process

edcurrie2020-10-29T12:40:09-04:00Mortgage|

There are lots of people who have heard that one of the top ways to ensure the best mortgage rate possible is to refinance. At the same time, it is critical to make sure that this process is planned out accordingly.

Falling In Love With An Imperfect Home

edcurrie2020-10-15T12:40:19-04:00Mortgage|

When people start the process of trying to find a home, they want to make sure that they take the time to get this decision right. The reality is that a home is the most expensive purchase that most people are ever going to make. As a result, they need to make sure they find a home that will meet their needs.

Have You Had Trouble Getting a Mortgage? Three Tips for Sprucing Up Your Credit Before Reapplying

edcurrie2020-10-14T12:40:18-04:00Home Mortgage Tips|

In this post we'll share three quick tips for sprucing up your personal credit before reapplying for a mortgage. With a bit of luck and hard work you can be on your way to purchasing that new dream home.

Should Homeowners Refinance?

edcurrie2020-10-02T12:40:16-04:00Mortgage Application|

Most people have heard the saying that it might be a good idea to refinance if mortgage rates drop. For those who might not know, refinancing is essentially taking out a new loan to replace the old one because the new loan has a lower interest rate.

Understand Coronavirus Mortgage Relief Options

edcurrie2020-09-22T12:40:50-04:00Mortgage Tips|

The coronavirus pandemic has impacted everyone. For homeowners, they might be wondering how they are able to keep up with their mortgage in light of shelter in place orders, financial difficulties, and unemployment problems.

Restoring A Patio On A Budget: 3 Simple Tips

edcurrie2020-09-18T12:40:21-04:00Mortgage|

There are lots of homeowners who are looking at their patio and are not satisfied with what they see. This is where it is important to think about ways to bring that patio back to life. Whether this means entertaining friends or simply relaxing with a cocktail and a book, there are a few easy ways to bring a patio back to life.

How to Get Stains & Grease Off Of Walls

edcurrie2020-09-04T12:40:16-04:00Home Tips|

Stains are common issues faced by homeowners; however, when the stains involve the walls, this can be a difficult challenge. Stains and grease are a much tougher challenge than dust and cobwebs. That is why there are specialized methods that help remove grease and stains from walls.