Mortgage 101, Refinancing 101, Credit 101

3 Smart Ways to Reduce your Debt-to-Income Ratio Quickly

October 28, 2015 / Posted by Chris

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Mortgage 101, Refinancing 101

When You Should (And Should Not) Refinance Your Mortgage

September 30, 2015 / Posted by Chris

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Mortgage 101, Refinancing 101

Don’t Refinance Until You Understand These Title Insurance Tips

September 09, 2015 / Posted by Chris

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Mortgage 101, Mortgage Industry, Infographics

Terms to Know When Refinancing your Mortgage

May 07, 2015 / Posted by Kenneth Wong

Getting a loan is enough of a task. Understanding the terms doesn't have to be. However, understanding common terms used in the real estate industry is vital in order to close a deal with the best terms for yourself. Don't make the mistake of confusing an ARM with a Fixed Rate mortgage or a Discount Point with an Origination Point - the financial consquences can be quite large.

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Mortgage 101, Refinancing 101

How Much Should You Spend to Refinance Your Mortgage?

April 30, 2015 / Posted by Kenneth Wong

There are a variety of other lesser known costs associated with refinancing a mortgage or getting a purchase loan. These costs tend to add up and can impact your decision on whether or not to refinance. You should analyze the potential savings from a refinance versus these costs with respect to your time horizon in order to make a sound decison. We've included a few of the most common items and their price ranges below.

A Guide to Common Refinancing Costs

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Mortgage 101, Credit 101

Demystifiying Your FICO Score

April 23, 2015 / Posted by Kenneth Wong

Your FICO score is a number that is created by credit reporting agencies in order to allow potential creditors to assess your credit-worthiness. This score is a huge determinant of what types of debt that you will be able to secure, as well as the terms and rates associated with your debt.

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Mortgage 101

Don't Let a Home Appraisal Kill Your Refinance

April 15, 2015 / Posted by Chris

You’re ready to refinance your home. You’ve received a quote, submitted your application and are looking forward to the closing table. But, did you overlook the appraisal and how that can impact the success of your refinance? When you’re refinancing your mortgage, everything hinges on the appraisal.

A home appraisal is a monetary evaluation of a property, performed by a third-party vendor, which is used to determine the overall fair market value of a home - or what the home should sell for on the open market.

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Mortgage 101

The Top 4 Homeowner Tax Deductions

April 01, 2015 / Posted by Chris

It’s that time of year again – tax time. With taxes on the brain, everyone’s looking to save a buck. But the savings you’ve been looking for might be hiding right under your doormat.

We all know that owning a home can be a rewarding experience. And for those who are savvy enough to understand the tax deductions available for homeowners, it can be even more rewarding come tax time.

Take a look at some of the tax deductions that the IRS has created specifically for homeowners to reduce your personal income taxes. You can thank us later.

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Mortgage 101

3 Indicators that Impact Interest Rates

March 18, 2015 / Posted by Chris

Interest Rates Are Always Moving

Interest rates. They can drive you crazy. It may seem like they go up and down on their own, but there is a bit of a method to the madness. Indicators exist in the market that can help you predict what these rates are about to do.

If you’re thinking about buying a car, refinancing your home or have a big purchase around the corner it’s always in your best interest to understand market conditions in order to poise yourself for success. In this blog, we’ll look at how interest rates are set, what makes them fluctuate and some of the biggest economic indicators of an interest rate move.

While you should always consult your lender to get the most accurate information on rates and the market, these tips and tricks will help you have a better grasp of what to watch for!

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Mortgage 101, Refinancing 101, Credit 101

Does Rate Shopping Hurt Your Credit Score?

February 17, 2015 / Posted by Chris

If you’ve ever shopped for a big-ticket item, such as a new television, mattress or car, part of your pre-purchase research undoubtedly included shopping around. After all, these are big purchases and you want to make sure you’re getting the best deal. Why would you ignore this basic principal when financing or refinancing your home?

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