Home Mortgage Tips

3 Reasons to Avoid Giving Wrong Information on Your Mortgage Application

Completing a loan application is among the first steps mortgage applicants take when applying for a loan, and it is easy to overlook the importance of providing accurate information at this stage in the process. It is best to take time complete the loan application as accurately as possible as it is a legal requirement and because of the other negative consequences.

By |2021-07-07T05:45:00-04:00July 7th, 2021|Home Mortgage Tips|Comments Off on 3 Reasons to Avoid Giving Wrong Information on Your Mortgage Application

Understanding The Difference Between A Co-Borrower And A Co-Signer: What Do They Mean?

There is a lot of jargon that comes with purchasing a home. Even though this could be confusing, purchasing a home is also a significant decision. Therefore, it is critical for everyone to understand exactly what they are signing before they scribbled their name on the dotted line. In some cases, a co-borrower or a co-signer (also called a non-occupying co-borrower) could be needed to strengthen the application. What is the difference between these two terms?

By |2021-03-24T05:00:00-04:00March 24th, 2021|Home Mortgage Tips|Comments Off on Understanding The Difference Between A Co-Borrower And A Co-Signer: What Do They Mean?

3 Easy Ways to Put Aside a Bit of Extra Cash So You Can Pay off Your Mortgage Faster

If your personal budget is similar to many other people's budgets, your home mortgage payment is by far the largest expense that you pay for each month. In fact, this payment may easily account for 20 or 25 percent or more of your take-home income. Understandably, you may be focused on trying to pay this expense off early.

By |2021-03-04T05:00:00-05:00March 4th, 2021|Home Mortgage Tips|Comments Off on 3 Easy Ways to Put Aside a Bit of Extra Cash So You Can Pay off Your Mortgage Faster