RSS

Category Archives: Mortgage Tips

Pros And Cons Of Making Biweekly Mortgage Payments

This is for sample purposes. Call me for your analysis.

This is for sample purposes. Call me for your analysis.

Have you ever considered paying off the mortgage on your home in two biweekly payments rather than one monthly payment? It might seem like this wouldn’t make a difference, but the truth is that biweekly payments really do add up more quickly.

Since there are 52 weeks in a year you will end up making 26 payments in total – which is equal to 13 months rather than 12. This means that your mortgage will be paid off more quickly and you will save money on interest payments in the long run. Read the rest of this entry »

Advertisements
 
Leave a comment

Posted by on December 30, 2013 in Mortgage Tips

 

Tags: , , , , , , ,

Watch Out for these Mortgage Application Deal-Killers

house-of-cardsThe mortgage process can be a lot like a house of cards. It is carefully, and painstakingly put together to build the perfect structure – or in this case, an approved loan. Then just as the ink is drying on your final loan papers, someone pulls the virtual card (aka deal killer) from the bottom and whoosh! – the house of cards and your loan come crashing down. A mortgage loan approval is never final until it’s funded.

Mortgages are made up of many moving parts, any of which might “go wrong” while your home loan is underway. We get so focused on getting the best interest rate, and we forget there is much more to this process than picking a loan officer, locking your rate and waiting 30 days till you close. Read the rest of this entry »

 
Leave a comment

Posted by on August 15, 2013 in Mortgage Tips

 

Tags: , , , , , , , ,

3 Simple Ways To Pay Down Your Home Mortgage Faster

3 Clever But Simple Ways to Get Your Home Mortgage Paid FasterPaying off the mortgage on your home faster means that you will not only have the satisfaction of owning your own home sooner, you will also have the benefit of paying much less in interest over the years.

The faster you pay off your mortgage, the more money you can save, so here are some tips to accelerate your payment schedule.

Read the rest of this entry »

 
Leave a comment

Posted by on June 27, 2013 in Mortgage Tips

 

Tags: , , , , , ,

 
%d bloggers like this: