10 Mar 2015
By Mark Feder

Missed a Mortgage Payment? How to Ensure It Doesn’t Affect Your Credit Score

Home Mortgage Tips
If you pay attention to your credit rating, you may be well aware that a single late payment reflected on your credit report can result in a decline in your scores. In some cases, the decline can be rather significant, and you will have to work hard to make regular payments over a period of time to show that you remain creditworthy and to rebuild your credit score. It is far better to avoid late payments altogether than to deal with the stress and ramifications of a late payment on your credit report. If you have already missed the due…
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05 Mar 2015
By Mark Feder

Buying for the First Time? The Ultimate Guide to Surviving the Mortgage Process

Home Mortgage Tips
If you have heard nightmarish stories from friends and family members about the home mortgage application process, you are not alone. In fact, some of these stories may have even been a reason why you have held out on moving forward with your plans to purchase your first-home. While some have indeed had unpleasant experiences, the fact is that there is nothing to be intimidated about. When you follow a few easy tips, you can streamline the process and navigate through it with minimal effort or stress. Find The Right Mortgage Professional To Work With One of the best steps…
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03 Mar 2015
By Mark Feder

Buying a Second Home? Assessing Your Finances to Ensure You Can Afford a Second Mortgage

Home Mortgage Tips
The decision to buy a second home may be made for a number of reasons. For example, you may have a destination where you and your family love to spend free time in, and you may be ready to settle into your own space in this location. You may considering the tax benefits associated with a second home, and you may even have plans to live in the home as your primary residence after you retire. While there may be numerous benefits associated with the purchase of your second home, you may be concerned about how affordable it will be…
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26 Feb 2015
By Mark Feder

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

Home Mortgage Tips
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 focusing on this payment, you can build equity and may be able to achieve financial security more quickly. You simply have to find a way to put aside a bit of extra cash regularly so that you can make extra payments,…
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